These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. The ideal entry-level account for individual users. Join our linker program. Accessed March 04, 2023. https://www.statista.com/statistics/194658/franchise-value-of-the-los-angeles-lakers/, Forbes. NBA teams local TV deals vary significantly. Please do not hesitate to contact me. For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. (October 27, 2022). Another important component of the NBA's finances is its revenue-sharing system. Not included in BRI are proceeds toward expansion teams, fines levied throughout the season, and revenue sharing. They're tied with the Celtics as the most decorated team in history, with 17 championships to their name. YouTube's NFL Deal Is a Score for Streaming, Sack for Cable, How FIFA Makes Money: Global Football and Licensing. Whether normalcy returns in 2021 or 2022, the extent of that normalcy remains uncertain. Theres another major contributor to the NBA revenue, and unlike the others, this one corresponds to something tangible. "2018-19 NBA Fan Cost Index Rises 2.8%. 10 min read. Notes. Two-way salaries do not count against a team's Total Cap/Tax Allocations. Nextdoor Holdings stock is on the rise in late trading Tuesday after the locally focused social-networking site posted better-than-expected fourth-quarter results.. For the quarter, Nextdoor (ticker: KIND) reported revenue of $53.3 million, down 10% from a year ago, but above the company's guidance range of $50 million to $52 million, and ahead of the Street consensus estimate of $50.8 . All logos are the trademark & property of their owners and not Sports Reference LLC. For example, per ESPN's report, the Lakers, even in a bad season, pulled in a $115 . They selected George Mikan with the 1st pick in the 1947 NBA draft. The NBA debt is currently $6.7 billion, increasing by 24% compared to the previous year. Every season had positive growth. 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. Available: https://www.statista.com/statistics/194658/franchise-value-of-the-los-angeles-lakers/, Los Angeles Lakers franchise value from 2003 to 2022, 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, Los Angeles Clippers concession stand prices (beer, soft drink, hot dog) 2010-2016, Detroit Pistons concession stand prices (beer, soft drink, hot dog) 2010-2016, Minnesota Timberwolves concession stand prices (beer, soft drink, hot dog) 2010-2016, Dallas Mavericks concession stand prices (beer, soft drink, hot dog) 2010-2016, Fastest growing private companies in New Hampshire by growth rate 2021, Opinion of adults on personal financial situation over past year U.S. 2020, by race, Mexico: employees in toiletries, cosmetics & jewelry wholesale 2014-2021, Style/fashion/fit influence sports footwear purchase decisions U.S. 2014, Number of potted plants produced in Canada by province 2021, Most anticipated gifts on Father's Day according to U.S. residents 2017, United States - Number of tattoos in 2019, Industry revenue of security systems service activities in Bulgaria 2012-2025, Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. dollars), Find your information in our database containing over 20,000 reports. Dec 8, 2022 The franchise value of the Los Angeles Lakers has risen more than tenfold since 2003. Portion of franchise's value attributable to revenue shared among all teams. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. "NBA, NBPA agree on 2020-21 season start and adjustments to CBA. 1 Basketball-related income. Los Angeles jerseys currently don the Wish logo, but its partnership with the e-commerce company ends at the conclusion of the 2020-21 season. ", National Basketball Association. "How the coronavirus outbreak could impact the NBA's salary cap for the 2020-21 season.". Sportico conservatively estimates MJ's take at $150 million. At the bottom are . . This deal is a 245% increase in annual revenue compared to the previous deal with Addidas, worth $51 million annually. "NBA revenue for 2019-20 season dropped 10% to $8.3 billion, sources say. 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. 10 Things You Didnt Know about Detroit Pistons Owner Tom Gores. is awarded annually to teams who are above the cap and above the Luxury Tax Apron ($156,983,000) and can be used for contracts up to 3 years in length. The math shows that in 2019-20, the Warriors generated the most income from fans at $6 million per game, followed by the Lakers at $5.6 million and the Knicks at $5.2 million. A majority of revenue generated by the NBA and itssubsidiariesis classified as Basketball Related Income (BRI). Here is a breakdown of the economics behind James' shrewd move. Teams around the league are in search of more verticals, particularly given the impact COVID-19 has had on fan attendance. He's making 6.48 percent more than in 2021/22. Part of that revenue includes the Chinese technology giant, Tencent's $1.5 billion deal to be the NBA exclusive digital partner.. In the same time period, the Lakers' average . Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. The franchise value has steadily increased from 2003 to 2019, starting with $426 million to its current valuation of $3.7 billion. NBA has become the fastest-growing sport in North America over the last few years. The agreement is worth $4billion over the twenty years which translates to about $200 million per year for the team. The Memphis Grizzlies have the lowest ticket price in the NBA at $35. Data Provided By With greater international appeal also comes international investors as well. Safe Sport certified. Like the MLB and NFL, the NBA operates with a revenue sharing system. Over the last decade, the average sale price of a team has tripled. Question, Comment, Feedback, or Correction? On the opening night of the 2019-20 season, 108 international players from 38 countries and territories were active on team rosters. When Jerry Buss purchased the Lakers in 1978, he spent $20 million, but the team has grown to be a national brand that is now worth over a billion US dollars. From the 2010/11 season, the league's revenue has been growing at an average rate of 8%. This deal would increase the NBA's broadcasting revenue to over $8 billion per year. Since the Lakers are currently over the league salary cap, these cap holds do not count against their Total Cap figure. You may be surprised that ticketing is actually not one of the primary sources of revenue for the NBA. With over 10 years experience he's covered businesses, CEOs, and investments. Please create an employee account to be able to mark statistics as favorites. 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. Get full access to all features within our Business Solutions. Click on the different category headings to find out more and change our default settings. Because we respect your right to privacy, you can choose not to allow some types of cookies. The nine-year contracts are worth an approximate $2.6 billion each year, and even with individual players making an average of around $6.7 million league wide on average, TV revenue covers those . Brooklyn Nets have the lowest operating income in the NBA with a negative $80 million. In 2016-17, the Lakers were the most profitable team in the NBA with a profit of $115 million after disbursing a revenue sharing check worth $49 million. 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. Explore Sportico's 2021 NBA Franchise Valuations with this interactive data visualization. Last year, the Cleveland Cavaliers lost money on an operating basis and declined by about 4% in value to $1.28 billion, per Forbes. 10. Use Ask Statista Research Service. The Lakers missed the playoffs for the second time in the LeBron era, but that didn't deter them from extending the 37 year-old superstar in the offseason. 2. This site uses Akismet to reduce spam. The expenses of the Orlando Bubble were $190 million, $10 more than planned. Players signed to Two-Way contracts that are currently designated to G-League affiliate. Also, despite having missed the postseason in four consecutive years by 2018 season, the team has continued to rake in some cash. The league is eligible for another extension, with a projected worth of $75 billion over 9 years. We also reference original research from other reputable publishers where appropriate. The NBA revenue dropped 10% in 2020 as a consequence of the Coronavirus outbreak. Hartland, Wisconsin, United States. Dec 2018 - Present4 years 4 months. The league is currently under the largest media contract in the league's history. Value of team based on current arena deal (unless new arena is pending) without deduction for debt. Each one of the teams is worth at least $1 billion, and a team is worth on average $2.12 billionabout 14% higher than the 201718 season.. A lottery is a low-odds game of chance or process in which winners are decided by a random drawing. the official stats partner of the NBA, NHL and MLB. Posted on . Cha c sn phm trong gi hng. 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. Portion of franchise's value attributable to its brand. Yes, its possible to get around this vast metropolis even if you dont have a car. Partnered with the USA TODAY Sports Media Group|Powered by. 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. From 2014 to 2019, the Lakers' annual revenue increased by one-third and their annual profit more than doubled, according to Forbes estimates. 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. It is estimated that Nike brands control 90% of U.S. basketball shoe sales. Considering that that is one site, we can only imagine the figures on other online retailing websites. He would relocate and rebrand the team as the Minneapolis Lakers. 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. . Monetize refers to the process of turning a non-revenue-generating item into cash. "Sports Money: 2020 NFL Valuations. Broadcasting revenue including, in some cases, prize money received by us in respect of various competitions, will vary from year to year as a result of variability in the amount of available prize money and the performance of our first team in such competitions. The dealincreased ESPN's television, digital, highlights, audio, data, and international NBA rights. 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 . 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. NBA rosters feature 108 international players in 2019-20. 1. The 20-year contract between the Lakers and Time Warner Cable (now Charter) that included the launch of two new regional sports networksone English and one Spanish-languageaverages $200 million. ", Foxbusiness.com. This statistic is not included in your account. During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. This presents a $400 million per year revenue. It seems patch partnerships can be a possible cash cow, especially for a worldwide brand like the Lakers. 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. 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. 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. 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. Portion of franchise's value attributable to its arena. In North America, the NBA flourishes but does not dominate. Logos were compiled by the amazing SportsLogos.net. In the 2017-18 season, they recorded revenue of $395 million and an operating income of $147 million. Salary Cap Table 2022-2023 Contracts Active Multi-Year Summary Positional Spending Free Agents 2023 Manage Roster Player Option Club Option Non-Guaranteed Estimate During the 2020/21 season, the NBA signed 13 new sponsorship deals that brought around $115 million per year in revenue. More. In, Forbes. The NBA Trade Deadline is next Thursday, which is ample time for the Los Angeles Lakers to seek upgrades. 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.

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