Since the 2017/18 season, the NBA generates around $125 per year from a sponsorship deal with Nike. Filling in that gap, local TV contracts can gross between $9.4 million and $149 million annually per team (as of 2017). On the licensing front, the NBA struck an equity deal with Fanatics for its trading card rights. /GS0 103 0 R Part of that revenue includes the Chinese technology giant, Tencent's $1.5 billion deal to be the NBA exclusive digital partner.. Dropping to that level would have put almost every team into severe luxury tax territory, and it would have left very little available money for this offseason's free agents. endobj endobj 2020/21 season projections indicate that the league could face a 40% drop in revenue due to empty arenas. endobj /ExtGState << >> /Resources << /Resources << /F5 70 0 R /GS0 169 0 R Silver told the crowd last Tuesday that the NBA's overall viewership is down. /Parent 5 0 R >> Broadcasting deals present the largest source of revenue for the NBA. /ExtGState << On the condition of anonymity, executives from several NBA teams shared financial information with SI. >> /F4 70 0 R /ExtGState << endobj /ExtGState << /F1 62 0 R /Font << /XObject << /Resources << The National Basketball Association made a record $1.46 billion in sponsorship revenue in its 2020-21 regular season, according to estimates by IEG, a sports partnerships consultancy firm. Also, by disabling these cookies you will also disable banner ads served by Google Adsense on this website.. For more information about these items, view our complete privacy policy.Read More. SPORTS ILLUSTRATED is a registered trademark of ABG-SI LLC. /Resources << /ExtGState << /XObject << NBA.LS Financial Statements - FinancialModelingPrep The 76ers open the season on Wednesday in New Orleans. /F3 67 0 R The NBA is celebrating 75 years in business, and the next few will be pivotal for Silver's league. /ExtGState << /Count 49 /F1 67 0 R /F1 62 0 R And before the pandemic, league executive Amy Brooks projected a 30% increase. >> endobj /F0 63 0 R NFL league and team sponsorship was forecast to generate 1.62 billion U.S. dollars in 2021 . 1 spot for the sixth straight . >> /F1 63 0 R /ExtGState << << The team has more than 20 national games among Disney-owned networks ABC and ESPN, and WarnerMedia's Turner Sports. /Parent 5 0 R /ExtGState << >> 55 0 obj << 556 556 556 556 556 556 889 500 556 556 556 556 278 278 278 278 19 0 obj >> << /Contents 158 0 R /Type /Page /Font << /F0 63 0 R Brand12 $211M. /Type /Page /F2 76 0 R The NBA has a licensing deal with Dapper Labs for its NFTs of video highlights. endobj Corporate deals with companies including State Farm, Microsoft, Verizon, and expanded business with Google should align the NBA to pass its record $1.46 billion in sponsorship money. >> /F0 63 0 R /Type /Page 52 0 obj /GS0 130 0 R /F1 62 0 R 28 0 obj /F3 67 0 R /F1 62 0 R In discussing the matter, rival execs suggest to CNBC that 76ers executive Daryl Morey has sought four first-round draft picks with three options to swap picks in some packages. 50 0 obj >> /F2 76 0 R /F1 62 0 R LAK: The currency abbreviation or currency symbol for the Lao kip (LAK), the currency of Laos. /Resources << /Parent 5 0 R << /F3 92 0 R . The last time the two teams were featured was in a game for a playoff spot in May, and the contest averaged 5.6 million viewers. /F1 62 0 R >> << Find your information in our database containing over 20,000 reports, six to eight billion U.S. dollars in revenue. >> << >> That included a Christmas game between the Los Angeles Lakers, who have the NBA's biggest star in LeBron James, and the Dallas Mavericks, with rising star Luka Doncic, that averaged 7 million viewers. 2020-12-04T17:09:05 /F0 63 0 R >> >> >> TEAM NON-STAFF COSTS Teams estimate spending between $3.3 million and $3.5 million. /Parent 5 0 R /MediaBox [0 0 595.2 841.919] /F4 70 0 R 2019/W51: NBA Defensive Ratings. >> >> >> /XObject << Utah Jazz are the only team that had an increase in revenue in the 2019/20 season, with a 16% rise. Dimitrije loves to tell hoop stories through numbers and graphics and has been featured on Fansided, FiveThirtyEight, Eurohoops, and TalkBasket among the others. It would be the first time Simmons faces the team's fan base following the trade demands if he plays. Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. /Font << /F0 6 0 R The NBA's last opening week started late December 2020 because of the pandemic. The average revenue of an NBA franchise was $213.5 million in the 2020/21 season. This deal generated $660 million in annual revenue for the NBA. endobj The average NBA team generated $1.76 million in tickets sales in 2021. 10 0 obj ),Ym h!y" 0X R- eOQVq aX~~\m9wizWka?wOR|N),_HpB,e0`4-. NBA teams are notsold that frequently, but when they are, records break every time. Suffice to say, the balance sheets for the Lakers, Knicks, Bulls and Warriors look nothing like those of the Pacers, Grizzlies, Jazz and Magic. >> Tagged. /Metadata 4 0 R 6 0 obj "We lost significant amounts of money. And the league wouldn't mind a Nets versus Los Angeles Lakers NBA Finals as it draws the top two TV markets. Expenses for the bubble were $190 million -- $10 million more than originally estimated, sources said. Extrapolating from the data provided to SI and from public filings, consider the following expense breakdowns. This website uses cookies to improve your experience while you navigate through the website. /ExtGState << /Resources << /F3 67 0 R 36 0 obj 2020. 17 0 obj /Type /Page 56 0 obj /F2 76 0 R As the NBAs popularity increases, team values grow far out of proportion. << Since 2017, the NBA allowed teams to have brand logos on their jerseys. >> /Subtype /Type1 667 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 A quick drive down Interstate 95, the Philadelphia 76ers are also garnering distracting headlines around the future of all-star Ben Simmons. /F2 76 0 R /Contents 131 0 R /F2 76 0 R Every season had positive growth. endobj 31 0 obj /Parent 5 0 R /Contents 123 0 R << The NBA's rift with China started in October 2019 after Morey made political comments on Twitter in support of protests in Hong Kong. /FontBBox [-665 -325 2000 1040] The Knicks, at $5 billion, take the No. Stadium11 $359M. << /Parent 5 0 R endobj /Resources << ", Basketball Reference. /F2 76 0 R /F4 70 0 R >> /MediaBox [0 0 595.2 841.919] The nine-year deal earns the NBA approximately $2.6 billion per year. /Contents 179 0 R /Font << /MediaBox [0 0 595.2 841.919] >> >> >> /F2 76 0 R << The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season. Over the last decade, the average sale price of a team has tripled. /Contents 176 0 R /F0 63 0 R /MediaBox [0 0 595.2 841.919] Financial Modeling Prep. endobj Because it is not a public company, the NBA does not release detailed financial reports to the public. Fax: 22605043 /ExtGState << /F1 62 0 R /MediaBox [0 0 595.2 841.919] /GS0 171 0 R >> endobj /F3 67 0 R /F3 67 0 R Call centre: +357 22881800 The largest drop in revenue occurred during the 2020/21 season, with a 19% yearly decrease. >> The names of MLB, NBA, WNBA, NFL, MLS, NWSL, and NHL players 1950 - 2019, measuring the rate of hyphenated names. The operating income of the Utah Jazz, franchise of the National Basketball Association, was about 40 percent lower in the 2021/22 season than in the . Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. /F2 76 0 R ESB Finance DAC Financial Statements 2019; ESB Green Bond Presentation May 2019; ESB EMTN Offering Circular - May 2019 /Font << For reference, there were 7 sign and trades last offseason, 9 in 2019, 0 in 2018, & 1 in 2017. 2019. 24 0 obj /Resources << /GS0 120 0 R /Subtype /TrueType YouTube's NFL Deal Is a Score for Streaming, Sack for Cable, Apple to Spend Billions More on Entertainment. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. 722 722 778 778 778 778 778 584 778 722 722 722 722 667 667 611 54 0 obj /Type /Page /Resources << Up to that point, the NBA had earned in excess of $150 million in new revenue. >> /F0 63 0 R 1 0 obj In 201718, NBA players received $129 per day on the road, highest among the four major team sports. /Contents 168 0 R /Fm0 105 0 R /XObject << >> /F0 63 0 R The most important key figures provide you with a compact summary of the topic of "National Basketball Association (NBA)" and take you straight to the corresponding statistics. >> /Contents 71 0 R >> Silver, 59, also reiterated the cable TV bundle needs fixing, as regional sports networks are threatened by cord-cutting. /XObject << You may opt-out by, Why 2023 Gold House A100 List Has Starbucks CEO But No Michelle Yeoh, Parent PowerED: Parents Powering Solutions In Education, Conversations Across Generations: Shawn Dove And Peter Storey, Empowering Young Adults Through Tech With Sandee Kastrul Of i.c. << /F0 63 0 R >> /ItalicAngle 0 /Type /Page PDF-XChange Printer V6 (6.0 build 322.6) [Windows 10 Enterprise x64 (Build 16299)] << endobj /Resources << /F4 70 0 R Global Business and Financial News, Stock Quotes, and Market Data and Analysis. /Encoding /WinAnsiEncoding /Resources << >> /GS0 83 0 R 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. /F0 63 0 R The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. This is useful in estimating the financial strength and credit risk of the company. /Type /Page The NBA makes money primarily through television, merchandising, sponsorships, and tickets. >> /Parent 5 0 R With greater international appeal also comes international investors as well. /Parent 5 0 R ", Forbes. While trades are contemplated, the 76ers culture and team continuity will be tested with Simmons back following an eventful training camp. 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. >> >> /Resources << View the latest NBA financial statements, income statements and financial ratios. /Font << .H This includes insurance, practice facility, hotels on the road, aviation, food and beverages. endobj /Font << NBA Team Values 2021: Knicks Keep Top Spot At $5 Billion - Forbes Cap History Tax Payment History Exceptions Minimum Salaries Maximum Salaries Rookie Scale /Parent 5 0 R >> >> The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. /Parent 5 0 R << /F5 70 0 R The good news is we're able to take a long-term view of this business, and continue to grow in it," he said. The New York Knicks Retain Top Spot For Fifth Consecutive Year. endobj >> Financial Statements 2015 (in Greek) Click here to download the file. /F1 62 0 R >> The deal is worth $9.3 annually on average, though varies significantly from team to team. /F0 63 0 R >> /F3 67 0 R This text provides general information. >> /Resources << Bank of America upgrades Comcast, saying it is 'poised for a strong turnaround'. /GS0 155 0 R /F0 63 0 R 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. /F3 70 0 R /F1 7 0 R The NBA returns to a 82-game format on Tuesday after a pair of seasons shortened by the Covid pandemic, so Silver's address at the Sports Business Journal's World Congress of Sports conference came at the perfect time. /F2 76 0 R /XObject << >> In June 2015, the NBA ended its long-standing partnership with Adidas and signed an eight-year, $1 billion contract withNike(NKE). 1. /Type /Page << TV is an attractive option for many NBA fans since they can watch the game for free, minus the cost of their cable provider or TV service. Teams estimate spending between $3.3 million and $3.5 million for charter aviation during the season, excluding catering and subject to fuel price fluctuations. endobj 12 0 obj /F3 67 0 R LOS ANGELES LAKERS Revenue, Growth & Competitor Profile - IncFact.com /F2 76 0 R The NBA's Business Model - Investopedia 3. /F0 62 0 R /GS0 128 0 R data than referenced in the text. >> Publicly, the 76ers claim they want to retain Simmons and repair a damaged relationship. /ExtGState << The 76ers and Simmons reunited last week after he missed training camp due to his offseason trade demands. 51 0 obj The New York Knicks retain the No. /Parent 5 0 R 34 0 obj 8 0 obj endobj /Resources << Fiscal Responsibility and Budget Systems Law. This deal would increase the NBA's broadcasting revenue to over $8 billion per year. He is also the co-author of Control Your Cash: Making Money Make Sense. /ModDate (D:20201207141754Z) These include white papers, government data, original reporting, and interviews with industry experts. /F1 62 0 R Correction: This article has been updated to reflect the NBA's streaming deal with Tencent. Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. /GS0 177 0 R They help us to know which pages are the most and least popular and see how visitors move around the site. Before the rift, the NBA's business in China was worth about $5 billion. endobj The NBA's big trade last season involved Harden. As the NBA and National Basketball Players Association discuss start dates and financial amendments to the collective bargaining agreement, the potential for a grim financial landscape without fans in the 2020-21 season looms over the league. All Rights Reserved. /GS0 165 0 R /Ascent 905 x]n E|,d6VitWb*J`E!BZA /StemV 0 /Parent 5 0 R Merchandise accounts for well over a billion dollars annually, and in the 2017-2018 season,for the first time in the NBA's history, teams wore advertisements on their jerseys. >> 47 0 obj Check the Financial Statements of NBA.LS , Novabase S.G.P.S., S.A. stock! /Fm0 101 0 R >> As impasse over pro-Hong Kong tweet simmers, what's at stake for the NBA in China? It's causing problems as the NBA obeys local government policies that require people to be vaccinated before entering public places.