A paid subscription is required for full access. The league is currently under the largest media contract in the league's history. While the MLB's popularity wanes, safety issues plague the NFL, and the WNBA is still nascent and growing, the National Basketball Association (NBA) continues to shine. If the Lakers don't make a move to fortify their chances of contending for a championship this year, they need to consider a more drastic shakeup involving Anthony Davis and/or LeBron James. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. lakers revenue breakdown. According to Chicago sports business firm Team Sports Marketing, the FCI for an NBA game during the 2019-2020 season was $430.25.. Posted on . This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. You may be surprised that ticketing is actually not one of the primary sources of revenue for the NBA. James and LA agreed to a two-year,. Use Ask Statista Research Service. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. You need a Statista Account for unlimited access. Fox Sports West was looking to renew the contract but its exclusive negotiating period ran out in 2010, and that is when Time Warner Cable came in with the most lucrative deal in the NBA. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the . 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. 2022-23 Salary Cap: $123,655,000 However, 3 seasons faced negative revenue growth, including the 2020/21 season. For the 2016-2017 season, TNT and ESPN re-upped their contracts to an estimated $24 billion in total. According to ESPN, for the 2018-2019 season, teams saw an average of anywhere from just under 15,000 to just over 20,000 fans attend per home game. With tickets costing close to $74 on average (in the 2018-19 season), the money earned from ticket sales adds up quickly. Along with tickets, additional Basketball Related Income (BRI) includes concessions and other sales. suicide in hillsborough, nj . The average NBA team generated $1.76 million in tickets sales in 2021. In, Forbes. Liberty (13-6-1) netted five goals in the second and third periods of Saturday's opener, when they outshot the Lakers, 66-22, before scoring 12 goals in the first two periods of Sunday's rematch. 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. Notes. Learn more and register, Scores from any date in BAA/NBA or ABA history, Frequently Asked Questions about the NBA, WNBA and Basketball, Basketball-Reference.com Blog and Articles, Subscribe to Stathead Basketball: Get your first month FREE. With over 10 years experience he's covered businesses, CEOs, and investments. They help us to know which pages are the most and least popular and see how visitors move around the site. Our Broadcasting revenue was 241.2 million, 204.2 million, and 194.1 million . The team is valued at a whopping $4.4B according to Forbes' recent estimation. Valorant Champions 2023 Tournament To Be Held In Los Angeles, Los Angeles Chargers Have Shown Keenan Allen The Money But They Wont Show Him The Door, Todd Boehly, Mark Walter, Jerry Buss Family Trusts, tv: Spectrum SportsNet & ESPN Deportes; radio: ESPN LA 710AM, ESPN Deportes 1330AM. ", Forbes, Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars) Statista, https://www.statista.com/statistics/196721/revenue-of-the-los-angeles-lakers-since-2006/ (last visited March 04, 2023), Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars) [Graph], Forbes, October 27, 2022. Do you have a sports website? YouTube's NFL Deal Is a Score for Streaming, Sack for Cable. While in the 1970s, rosters were almost uniformly American, at the start of the 2019-20 season, 108 out of 450 players on NBA rosters were from outside the United States, hailing from 38 countries. . By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. The Los Angeles Lakers qualified for and received about $4.6 million from the government's Paycheck Protection Program, which was established to provide relief to small businesses suffering. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. This $200 million valuation would represent a substantial growth in revenue, considering Young noted the LAs current partnership with Wish is expected to be somewhere between $12 million and $14 million. Licensing revenue is income earned by a company for allowing its copyrighted or patented material to be used by another company. Apparently, the Lakers determined the value of their jersey patch was actually worth close to $200 million this past season, per Jabari Young of CNBC. Revenues are about half those of the highest-grossing sports league in the world, the National Football League,not that the two leagues are necessarily in competition. Still, one of the largest differences between the leagues is the origin of the NBA's diverse revenue stream, which includes television, merchandising, sponsorships, and tickets. However, with average TV ratings under 4.0, pro basketball still has plenty of room to grow domestically. Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars) [Graph]. 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. We analyzed NBA revenue data over the last 20 seasons and now presenting you 66 stats on how NBA generates money. Consequently, the Cavaliers were the second to the Warriors in merchandise sales. Investopedia requires writers to use primary sources to support their work. Show publisher information The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. "2019-2020 NBA Fan Cost Index. Leo, was born in central Argentina in June 1987 and is an Argentine professional football/soccer player, a national icon in Argentina, and among the greatest players (and goal scorers) who, Read More What Does Lionel Messi Do for Charity?Continue, The Universe of WWE has encompassed several decades and there have been many changes along the way. The early day Minneapolis Lakers can be heralded as the NBA's first dynasty. 10 min read. This deal generated $660 million in annual revenue for the NBA. Business. In the same time period, the Lakers' average . For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. 2020/21 season was fourth in a row with sponsorship revenue exceeding $1 billion in a year. Dollars). This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. All rights reserved. Like the MLB and NFL, the NBA operates with a revenue sharing system. This is a 97% decrease compared to the 2019/20 season, and the second season in a row with a drop in ticket revenue since the lockout-shortened 2011/12 season. She became a professional tennis player in 1995, and her sister, Venus, is also a professional tennis player. The Los Angeles Lakers are one of the most storied franchises in the NBA. When LeBron James was with the Cleveland Cavaliers, his jerseys came in second in the top 15 most popular NBA jerseys. Every season had positive growth. NBA revenue by year. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The Warriors are a franchise with the largest average revenue growth in the 21st century, with an 8.5% yearly increase over 20 seasons. Portion of franchise's value attributable to its brand. Today, we look at the main event for UFC 285. Trevir Nath has five years of experience as a financial writer working with various startups, financial services companies, and news publications. Hard times in your earlier years can push you to decide that your future must be different and so you start working towards achieving that goal. Los Angeles Lakers Annual Revenue and Growth Rate. 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. Cameron Latu. The NBA also recently overtook the MLB as America's second most popular league. The Indiana Pacers and Los Angeles Lakers have gotten off to opposite starts, which could impact a potential Russell Westbrook deal between the teams. This about $250-300 million more than the Knicks or Lakers, the next-highest NBA teams, and possibly . In 1998, the NBA signed a 4-year, $2.64 billion deal with NBC and Turner for broadcasting rights from 1998/99 to 2001/02 season. Cha c sn phm trong gi hng. 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. However, live sports have remained largely immune to this trend. Currently, you are using a shared account. 2023 Forbes Media LLC. The Lakers had no individual jerseys in the top 15 list, but still, they came in third, but that is something that will change since they signed up LeBron James for a four-year contract worth $154 million, in July 2018. Because it is not a public company, the NBA does not release detailed financial reports to the public. This site uses Akismet to reduce spam. Boehly has . Chart. This compensation may impact how and where listings appear. The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season. Filling in that gap, local TV contracts can gross between $9.4 million and $149 million annually per team (as of 2017). Are you interested in testing our business solutions? Exceptions are essentially "grants" offering teams an additional way to sign players. There are two types of revenue that the NBA capitalizes on. Teams that spend over the threshold pay fines (estimated below). He has long expressed a desire to play with his son, Bronny, who could be draft eligible in 2024. Also, despite having missed the postseason in four consecutive years by 2018 season, the team has continued to rake in some cash.