Shocking New Report Reveals The Insane Amount Of Money The WNBA Is Losing This Year Despite Caitlin Clark’s Popularity, And NBA Owners Have Had Enough/th

Shocking New Report Reveals The Insane Amount Of Money The WNBA Is Losing This Year Despite Caitlin Clark’s Popularity, And NBA Owners Have Had Enough

WNBA superstar Caitlin ClarkWNBA player Caitlin Clark (Photo by Justin Casterline/Getty Images)
The WNBA is one of the most popular sports leagues, and Caitlin Clark is one of the main reasons why. Some would think the league is now making millions, but according to some sources, that’s far from the truth.

Before the 2024 WNBA season, the league was projected to earn over $240 million after adding rookie sensations like Caitlin Clark, Angel Reese, and others to some of their 12 teams.

However, that wasn’t the case at all. It has since been reported that the league will be losing a total of $50 million, but that isn’t quite the case. This has frustrated some of the league’s NBA investors, and reasonably so.

The NBA reportedly owns around 60 percent of the league, and hundreds of millions have been invested in it since its inaugural season, which began in April 1996, over a quarter century ago.

James Dolan Considered A Hero Of The NBA’s Investors of The WNBA

Many NBA investors claim that they have not received a return after shelling out millions to see a women’s team in their city, and they are pressing Commissioner Adam Silver for answers as to when that money will come in.

“There’s a bunch of owners who see Dolan as their hero for pressing Silver on these questions, but Silver is not giving us any answers,” said an unnamed source about New York Knicks owner James Dolan.

The WNBA is set to lose just about $40 million in 2024, better than the reported $50 million projected to sink. This is just a start, as the league is set to make around $2.2 billion over 11 years beginning in 2026.

Some new media contracts, as well as the expansion of the WNBA regular season and playoff formats, will help the league make money. These will undoubtedly increase the revenue stream due to the sell-outs currently being seen for the 2024 WNBA finals.

Relative Articles

None found

Related Posts

Everybody Was Saying The Same Thing After 12-Year-Old Blue Ivy Surprisingly Showed Up On Stage With Her Mother Beyoncé During Christmas Day Halftime Show (lee)

Blue Ivy and Beyonce (Photo by Alex Slitz/Getty Images)Blue Ivy joined her mom, Beyoncé, for the latter’s performance during the Christmas Day showdown between the Houston Texans and Baltimore Ravens and…

Patrick Mahomes boasts: ‘I’m better than Tom Brady; Comparing us is an insult to my hard work over the years… I’m the Goat of the NFL… (lee)

As Taylor Swift gears up for the final leg of her record-breaking Eras Tour in Vancouver, one local business has sparked a social media frenzy with its…

VIDEO: Patrick Mahomes Comes Clean On Why He Turned Down Netflix’s Post-Game Christmas Gift (lee)

Stacey Dales, Patrick Mahomes and Travis Kelce (Photo via Netflix)Kansas City Chiefs quarterback Patrick Mahomes had a hilarious reason for refusing to eat the post-game cake he received…

REPORT: Kansas City Chiefs Are Expected To Help The Cincinnati Bengals In Their Quest To Make The NFL Playoffs (lee)

Joe Burrow and Patrick Mahomes (Photo by Kevin C. Cox/Getty Images)The Cincinnati Bengals did their part on Sunday to keep their playoff hope alive, but as the final weeks…

Adam Schefter Ended Mike Florio’s Career Exposing Him On Twitter Over Inaccurate Report About Pete Carroll With Ruthless Christmas Day Message (lee)

Adam Schefter and Mike Florio (Photos by Getty Images) The long-running feud between prominent NFL insiders Adam Schefter and Mike Florio carried over to Christmas Day.On Wednesday, Adam Schefter reported that…

REPORT: Philadelphia Eagles Legend & Fan Favorite Has Tragically Passed Away On Christmas Day (lee)

Philadelphia Eagles helmet (Photo by Rob Carr/Getty Images)Philadelphia Eagles legend Bill Bergey, who spent seven seasons with the franchise, has passed away. On Christmas morning, Jake Bergey announced in an…