However, with average TV ratings under 4.0, pro basketball still has plenty of room to grow domestically. Portion of franchise's value attributable to its brand. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. NBA has become the fastest-growing sport in North America over the last few years. In 2014, the league made another contract extension with ESPN, ABC, and Turner. The early day Minneapolis Lakers can be heralded as the NBA's first dynasty. We present them here for purely educational purposes. Currently, you are using a shared account. Licensing revenue is income earned by a company for allowing its copyrighted or patented material to be used by another company. Salary Cap Table 2022-2023 Contracts Active Multi-Year Summary Positional Spending Free Agents 2023 Post-Trade Deadline 2023 Cap Space Projections ", Team Sports Marketing. "2018-19 NBA Fan Cost Index Rises 2.8%. A lottery is a low-odds game of chance or process in which winners are decided by a random drawing. This compensation may impact how and where listings appear. Since signing up, on eBay, 12,000 of LeBron jerseys which go for a price of $23.25 including shipping, have been sold, translating to around 200 jerseys per day. ", NBA. Fewer Americans in MLS than ever before [Data analysis], Impact of Covid-19 pandemic on NBA revenue. Copyright 2000-2023 Sports Reference LLC. 30 NBA teams generated $738 million in operating income for the 2020/21 season. James and LA agreed to a two-year, $97.1 million extension for the 2023-24 and 24-25 seasons. Why. After the NBA Board of Governors approval of sponsor patches on game jerseys at the top left corner, starting from the 2017-18 season, the Lakers decided to give it a try. 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. They're tied with the Celtics as the most decorated team in history, with 17 championships to their name. This is a 5% increase from a year before. The Los Angeles Lakers are one of the most storied franchises in the NBA. "Sports Money: 2020 NFL Valuations. As a result, all teams pool their annual revenue together and redistribute it from high grossing teams to low grossing ones. Google has been the market leader in online advertising for well over a decade and. Before this deal, Nike had played a significant role in basketball shoes and apparel. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information lakers revenue breakdown. With the coronavirus pandemic, teams were forced into playing in a bubble to prevent the spread of the virus. Market segmentation refers to aggregating prospective buyers into groups with common needs and who respond similarly to a marketing action. Brooklyn Nets had 5 seasons with negative income, most in the league during this period. In the 2016-17 season, the NBA generated approximately $861 million in revenue fromcorporate sponsors. These sponsors include recognizable brands like Statefarm and Anheuser-Busch as the official food and beverage brand of the NBA. Accessed March 04, 2023. https://www.statista.com/statistics/196721/revenue-of-the-los-angeles-lakers-since-2006/, Forbes. The 30 teams making up the NBA had an average valuation of $2.12 billion each in the 2018-19 season. It's been reported that both the Dallas Mavericks and the Miami Heat are interested in making a deal for Kawhi Leonard, and while Kawhi's given no sign that he would be willing to leave the Los. Since 2019, the Los Angeles Lakers also started to generate $20 per year from the jersey patch deals. The deal is worth $24 billion over 9 years, concluding in the 2024/25 season. Endeavors reported $65.9 million in revenue in 2019 and nearly $1 million in . 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 . The Lakers ARE THE worst team '14-'18. Earnings before interest, taxes, depreciation and amortization. [Online]. 7. In June 2015, the NBA decided to end its partnership with Adidas andsignedan eight-year, $1 billion contract withNike. This represented a 245% annual increase from its previous deal. When LeBron James was with the Cleveland Cavaliers, his jerseys came in second in the top 15 most popular NBA jerseys. 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. NFL NBA Megan Anderson Atlanta Hawks Los Angeles Lakers Boston Celtics Arsenal F.C. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. 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. If you are an admin, please authenticate by logging in again. The Warriors will accumulate an estimated $700 million in annual revenue moving forward, . 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 . Breakdown of Cristiano Ronaldo's 63 career hat-tricks; . The NBA Trade Deadline is next Thursday, which is ample time for the Los Angeles Lakers to seek upgrades. Collins is favored to win (-170) in this Semifinal match against Kostyuk (+145). Community Relations Associate. Sparks, and Lakers as well as the esports league Cloud9. So far, live sports have tended to remain safe from these changes, but that may not last forever. Renouncing these cap holds will NOT afford the team any new cap space. More and more companies are expected to pursue patch partnerships in the coming seasons. James and LA agreed to a two-year,. Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. Considering that that is one site, we can only imagine the figures on other online retailing websites. 10. 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. If you are an admin, please authenticate by logging in again. Over the last 11 years, the NBA's annual sponsorship revenue grew 9.7% yearly on average. 5-ranked Caroline Garcia squaring off against No. Partnered with the USA TODAY Sports Media Group|Powered by. 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. This site uses Akismet to reduce spam. October 27, 2022. Before accounting for revenue-sharing payouts, 14 of league's 30 teams reportedly lost money last season . As a Premium user you get access to background information and details about the release of this statistic. You need a Statista Account for unlimited access. As a result, Lakers have a higher market income than, say, New Orleans Pelicans. Join our linker program. 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. Led by the eye-popping $7 billion Golden State Warriors, the average NBA team is now worth $2.86 billion, 15% more than a year ago, an impressive feat considering the stock market is down more than 15% over the same span. We view the Lakers as a global brand with an international presence, Harris said, via Young. As a result, many international companies can now advertise with the NBA through the jersey patch program as well as other marketing initiatives. Included in sponsorships, are naming rights for NBA arenas. It seems patch partnerships can be a possible cash cow, especially for a worldwide brand like the Lakers. You can only download this statistic as a Premium user. Time Warner Cable launched two regional sports channels, an English and Spanish one, leading to all non-nationally televised Los Angeles Lakers games being shown on Spectrum sports. NBA to announce 9-year, $24 billion TV deal with ESPN, Turner, What The NBA's Insane New TV Deal Means For The League And For You, NBA signs deal with Nike; logo to appear on uniforms, Sponsorship Spending On The NBA Totals $861 Million In 2016-2017 Season, NBA Revenue Sharing: Small-Market Teams to Benefit from New Sharing Structure.