"The Valkyries, owned by Golden State Warriors owners Joe Lacob and Peter Guber, lead CNBC's latest WNBA team valuations after generating $78 million in revenue last season - more than double the league average."
"The frenzy is fueled by new media deals that are more than six times larger than previous contracts and a surge in corporate sponsorships."
"Investors are betting more teams will sink $1 billion within five years as the league's business is in a full-court press."
"The Connecticut Sun just sold for $300 million after being purchased for $10 million in 2003, and the Las Vegas Aces went from a $2 million purchase price in 2021 to a current valuation of $500 million."
The WNBA's Golden State Valkyries have reached a historic valuation of $1 billion, leading the league in team valuations. They generated $78 million in revenue last season, significantly surpassing the league average. The team sold out season tickets and averaged a record 18,064 fans per game. Other teams, like the Connecticut Sun and Las Vegas Aces, are also experiencing rapid growth in value. This surge is driven by new media deals and increased corporate sponsorships, with expectations that more teams will reach $1 billion valuations soon.
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