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In fact, during the 2019-20 season, the 30 NBA teams have generated $8.3 billion in revenue. A lottery is a low-odds game of chance or process in which winners are decided by a random drawing. The Lakers ARE THE worst team '14-'18. The NBA has been expanding internationally for many years, and it has become a key revenue sourceespecially China. Every season had positive growth. Show publisher information The Warriors will accumulate an estimated $700 million in annual revenue moving forward, . In the 2017-2018 season,NBA TV airedthe most regular-seasongames with106 followed by Disney's (DIS)ESPN (87), Warner Media's (TWX)TNT (67),and ABC (17)., TV accounts for most of the NBAs revenue. The expenses of the Orlando Bubble were $190 million, $10 more than planned. Available: https://www.statista.com/statistics/196721/revenue-of-the-los-angeles-lakers-since-2006/, Revenue of the Los Angeles Lakers from 2001/02 to 2021/22, Available to download in PNG, PDF, XLS format, Average franchise value of National Basketball Association teams 2001-2022, Total revenue of the National Basketball Association 2001-2022, Average revenue of National Basketball Association teams 2001-2022, Average operating income of National Basketball Association teams 2001-2022, Average player expenses of National Basketball Association teams 2001-2022, NBA league & teams sponsorship revenue 2010-2022, Average per game attendance in the NBA from 2005-2022, NBA franchises ranked by most recent purchase price as of 2021, Teams of the NBA ranked by revenue 2021/22, Operating income of National Basketball Association franchises in 2022, Player expenses in the NBA by team in 2022, Average player salary in the NBA by team 2019/20, NBA regular season home attendance by team 2021/22, NBA regular season average home attendance by team 2021/22, Franchise value of the Los Angeles Lakers (NBA) 2003-2022, Operating income of the Los Angeles Lakers (NBA) 2001-2022, Player expenses of the Los Angeles Lakers (NBA) 2001-2022, Regular season home attendance of the Los Angeles Lakers 2006-2022, Gate receipts of the Los Angeles Lakers (NBA) 2010-2022, Los Angeles Lakers number of Facebook fans/Twitter followers 2012-2022, National Basketball Association all-time minutes leaders 1946-2022, National Basketball Association all-time rebounding leaders 1946-2022, Career games played leaders - Los Angeles Lakers 1948-2022, Career points leaders - Los Angeles Lakers 1948-2022, Career rebounds leaders - Los Angeles Lakers 1948-2022, Los Angeles Lakers concession stand prices (beer, soft drink, hot dog) 2010-2016, Kobe Bryant points scored in the NBA 1996-2016, by season, Kobe Bryant average points scored in the NBA 1996-2016, by season, Kobe Bryant games played in the NBA 1996-2016, by season, Average ticket price Los Angeles Lakers (NBA) games 2015/16, Milwaukee Bucks concession stand prices (beer, soft drink, hot dog) 2010-2016, Los Angeles Clippers concession stand prices (beer, soft drink, hot dog) 2010-2016, IT-consulting & implementation services market size in United States 2016-2021, Benzodiazepine prescription status during physician visits U.S. 2014-2016, by age, Share of households with a park or green space close to home in Canada 2011-2017, Frequency at which women in the U.S. purchase swimwear by age 2017, Gypsum mine production in Mexico 2010-2021, Industry revenue of manufacture of rubber tyres and tubes in France 2012-2025, Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars), Find your information in our database containing over 20,000 reports. Do you have a sports website? The offers that appear in this table are from partnerships from which Investopedia receives compensation. Accessed March 04, 2023. https://www.statista.com/statistics/194658/franchise-value-of-the-los-angeles-lakers/, Forbes. The nine-year deal earns the NBA approximately $2.6 billion per year. As an example, in 2018 the Milwaukee Bucks opened a $524 million arena, Fiserv Forum, which has generated ample opportunity for sponsorships, premium seating, and more.. Granted, thats largely due to a single outlier: the 2014 sale of the Los Angeles Clippers, who went for an unprecedented $2 billion. All teams pool their eligible revenue together to redistribute it from teams with higher revenues to those with lower. After being down 27 points with roughly seven minutes left in the. This compensation may impact how and where listings appear. Our reasoning for presenting offensive logos. Salary Cap Table 2022-2023 Contracts Active Multi-Year Summary Positional Spending Free Agents 2023 Post-Trade Deadline 2023 Cap Space Projections Two-way salaries do not count against a team's Total Cap/Tax Allocations. The Lakers announced Wednesday they were partnering with Sportfive, a third-party agency, to find a new partner . Investopedia requires writers to use primary sources to support their work. The Los Angeles Lakers have finally pulled off a trade that should lift this team back into playoff contention. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. In February 2016, the NBA announced a nine-year, $24 billion media rights deal withESPNandTurner Sports. You only have access to basic statistics. Are you interested in testing our business solutions? The Valorant world championship is hedging to Los Angeles later this year to crown the next world champion. Lakers season tickets, which were selling for $3,499 each, skyrocketed to $5,800 just 20 minutes after the . An updated look at the Los Angeles Lakers 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses. ", USAtoday.com. Dallas Mavericks local deal generates them $20 million in revenue. Then you can access your favorite statistics via the star in the header. This is a 19% decrease from 2020, and the second year in a row with a decrease in revenue, after dropping by 10% in 2020. LeBron James' injury hasn't changed the Los Angeles Lakers' goal of reaching the . "Sports Money: 2020 NFL Valuations. ESPN. The NBA also recently overtook the MLB as America's second most popular league. A complete NBA Revenue Breakdown: This may seem like a lot to take in, so let us do an NBA revenue breakdown to simplify it for you. The Memphis Grizzlies have the lowest ticket price in the NBA at $35. 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. Rui Hachimura was traded to the Los Angeles Lakers for a modest return, and his restricted free agency status played a big part in how that deal came together. A TV dealworth$24 billion that took effect in the 2016-17 season is expected to significantly increase basketball-related income, affecting team operations like player salary caps, as part of its complex business model.. Use Ask Statista Research Service. Trevir Nath has five years of experience as a financial writer working with various startups, financial services companies, and news publications. Odds updated Saturday at 2:45 AM ET. Even discounting that sale, the remaining prices show that NBA owners and prospective owners clearly expect revenues to augment even further in the next few years. But the team has underperformed since that. For more information, check outHow the NFL Makes Money. A paid subscription is required for full access. Revenue sharing in the NBA addresses the inequitable circumstances between small and big markets. The early success led the NBA to extend the program in early 2019. There are two types of revenue that the NBA capitalizes on. Value of team based on current arena deal (unless new arena is pending) without deduction for debt. ", NBA. Compares the number of wins per player payroll relative to the rest of the NBA. The average NBA team value depreciated 2% directly related to the business interruption and uncertainties caused by COVID-19 pandemic, based on a Sportico analysis. Market size is a big factor in . Over the last decade, the average sale price of a team has tripled. This is a 60% drop compared to the previous season, and the largest income drop over the last 10 years. Before accounting for revenue-sharing payouts, 14 of league's 30 teams reportedly lost money last season . The NBA makes money primarily through television, merchandising, sponsorships, and tickets. According to Forbes, James is set to decimate his own record by raking in a combined $111.2. According to latest estimates, the team was valued at 5.9 billion U.S. dollars, making it the. Considering that that is one site, we can only imagine the figures on other online retailing websites. The information does not usually directly identify you, but it can give you a more personalised web experience. Lakers brace for LeBron James to miss several weeks. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. In the 2017-18 season, they recorded revenue of $395 million and an operating income of $147 million. YouTube's NFL Deal Is a Score for Streaming, Sack for Cable, How FIFA Makes Money: Global Football and Licensing. This is a 5% increase from a year before. Portion of franchise's value attributable to its city and market size. The revenue of 30 NBA teams in 2021 stands at $6.41 billion. The Bucks were the 7th worst from 11-'16. YouTube's NFL Deal Is a Score for Streaming, Sack for Cable. The jersey patch program was launched in 2016, and on average, the advertisements on the jerseys have netted teams $9.3 million annually. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary. 1 sports venue in the U.S. nets nearly $300 million in . National Basketball Association all-time triple double leaders 1946-2022, Value of National Basketball Association franchises 2022, National Basketball Association all-time assists leaders 1946-2023. The Lakers deal is second to the Warriors Rakuten jersey sponsor arrangement in which they receive $20 million annually. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. Business. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. Local revenues divided by metro population with populations in two-team markets divided in half. Like other major sports leagues, the NBA shares non-basketball related revenue between teams in order to address inequalities across different markets around the country. The team may only sign outside players using any available exceptions or at league minimum salaries. As a result, Lakers have a higher market income than, say, New Orleans Pelicans. The Lakers and the Buss family are in a very odd space right now. However, with average TV ratings under 4.0, pro basketball still has plenty of room to grow domestically. 13. The multiyear agreement with Wish will have the Lakers receiving $12-$14 million per year, despite Peter Szulczewski knowing that there would be questions behind inking a deal worth $36-$42 million over the three years. This deal would increase the NBA's broadcasting revenue to over $8 billion per year. . "2018-19 NBA Fan Cost Index Rises 2.8%. Monetize: What It Means, How It Works, Types, and Examples, NBA Rosters Feature 108 International Players in 2019-20, NBA jersey patch sponsorship program expands as league scores new revenue. So far, live sports have tended to remain safe from these changes, but that may not last forever. The Lakers will also pay $8.7 million in luxury taxes and contribute $49.6 million into NBA's revenue sharing, reducing their profits to $100.1 million -- which is still $38.5 million ahead of . In 2014, the league made another contract extension with ESPN, ABC, and Turner. Portion of franchise's value attributable to its brand. 18 out of 30 NBA franchises had at least one negative income season since 2011. If you are an admin, please authenticate by logging in again. Forbes. This statistic is not included in your account. Statista. Please create an employee account to be able to mark statistics as favorites. The drought had not yet finished since they posted another bad season resulting into 5 of the worst ten seasons in franchise history over the last five years. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. However, that's not to say that ticketing doesn't contribute at all. In June 2015, the NBA ended its long-standing partnership with Adidas and signed an eight-year, $1 billion contract withNike(NKE). Licensing revenue is income earned by a company for allowing its copyrighted or patented material to be used by another company. Sportfive understands the values of the organization and our desire to find a jersey patch sponsor that aligns with those values.. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2021-22 season. We view the Lakers as a global brand with an international presence, Harris said, via Young. This included calculating all revenues for the last uninterrupted season, 2018-19, which, for most teams coincided with the fiscal year ending on June 30, 2019, and analyzing those results in connection with findings from the 2019 . Data Provided By Golden State Warriors faced the largest drop in revenue in 2021 with 46%. In all, this constituted a 245% increase per year over the previous deal. Consequently, the Cavaliers were the second to the Warriors in merchandise sales. ", Basketball Reference. Are new versions of running shoes even better? Responsible for the growth . Chargers general manager Tom Telesco stressed once again at the NFL Combine that removing the veteran Allen from the roster isnt an option as L.A. tries to squeeze under the salary cap. "As impasse over pro-Hong Kong tweet simmers, what's at stake for the NBA in China? "Los Angeles Lakers Franchise Value from 2003 to 2022 (in Million U.S. As impasse over pro-Hong Kong tweet simmers, what's at stake for the NBA in China? A sportsbook is a company or entity that accepts bets. The largest drop in revenue occurred during the 2020/21 season, with a 19% yearly decrease. Also, despite having missed the postseason in four consecutive years by 2018 season, the team has continued to rake in some cash. The agreement is worth $4billion over the twenty years which translates to about $200 million per year for the team. 2022-23 Salary Cap: $123,655,000 LA dining is on the upswing with Indian-Mexican chicken, wagyu ramen, green curry bucatino and so much more. Earnings before interest, taxes, depreciation and amortization. (Salary Cap History), Largest Guarantee: LeBron James ($97,844,974), Every Sports Reference Social Media Account, Site Last Updated: Saturday, March 4, 4:50AM. "NBA revenue for 2019-20 season dropped 10% to $8.3 billion, sources say. 10 days after final DEN game of 2022-23 - TBD, Traded to Utah (UTH) from Los Angeles (LAL) as part of a 3-team trade: Los Angeles (LAL) traded, Traded to Los Angeles (LAL) from Utah (UTH) as part of a 3-team trade: Los Angeles (LAL) traded, Traded to Los Angeles (LAL) from Orlando (ORL) as part of a 4-team trade: Denver (DEN) traded. The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season. We present them here for purely educational purposes. Nike's Jordan division reported revenue of $3.6 billion, up 15%, in the company's fiscal year ending in May 2020, including the brand's first $1 billion quarter. More than 80% of Alphabet's revenue comes from Google ads, which generated $147 billion in revenue last year. The LeBron effect has already been felt in ticket and merchandise sales. If you are an admin, please authenticate by logging in again. Statista. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million, How Bebe Rexha Achieved a Net Worth of $10 Million. TV revenue compiles the majority of money generated for the NBA, especially after TNT and ESPN re-structured their deals to an estimated $24 billion.