Posted on 10/19/2024 4:14:30 PM PDT by MinorityRepublican
The WNBA is coming off of its most-popular season in league history with the arrival of Caitlin Clark, Angel Reese and the rest of the 2024 rookie class. It is still going to lose a lot of money and NBA owners are reportedly furious with the continued financial struggles.
They are tired of paying to prop someone else up.
According to the New York Post, the WNBA will lost $40 million this season. This is the 26th-straight year where it will fail to turn a profit. Never before has the professional women’s basketball league made a single dollar since it first came to exist in the spring of 1996.
The NBA owns approximately 60% of its female counterpart. That number is actually closer to 75% when the owners’ personal stakes are factored into the equation.
NBA team owners want to see a return on their investment into the WNBA. They are frustrated.
To be fair, the WNBA was projected to lose $50 million in 2024. It did $10 million better than expected — in a year that saw unprecedented viewership, attendance and popularity — and… still lost money.
The WNBA can’t turn a profit.
(Excerpt) Read more at brobible.com ...
> … let it stand on its own; if it cannot survive financially, it should not exist. <
That’s a very sensible comment. It holds true for the WNBA, and for electric vehicles, and for pretty much everything else.
Unfortunately, we live in a country where sensible thinking is simply not wanted. Dream thinking is much preferred.
They can make it profitable by getting rid of all the players except for two most famous players in the league.
Pay them $30,000 each. Wrap up the season in 3 months.
The average annual salary for a WNBA player in 2024 is $119,590
Just imagine the excitement and revenue bonanza if they can get a star trans player!
I probably still would not tune in cause I don’t have tv, but I am sure there is a a large pent up demand for biological men to be role models in professional womens sport
Financial backers of the WNBA need to turn their attention to the violent racist low IQ members of the Bell Curve and the female attracted players who couldn’t care less.
The fans don’t drink enough beer
Agree!
However right now they’re stuck with it!
NFL, NBA, etc. are all welfare queen businesses supported by TAXPAYERS.
Cut all public funding to these clowns. Let them kneel working at regular jobs.
Billion dollar plus stadiums to benefit millionaires while our roads and bridges crumble. Crazy.
Bread and circuses.
about 2 million per team per year.
I haven’t been able to find out what the difference would be from commercial.
Pretty cheap.
The NBA is screwed here. If they so much as hint about bolting support from the WNBA, the black players in the NBA would go on strike (well, at least the stars, who can afford to do so).
It is the Welfare NBA.
Lol.
An easy solution? There should be a surcharge on every ticket sold in the NBA to subsidize the WNBA.
It would be interesting to peruse the income statement and current balance sheet of the Indiana Fever for the 2024 season.
Agree!
That will show how serious the NBA owners are about supporting the WNBA.
Technically, part of the ticket sales has been supporting the WNBA. Anyway, last season the NBA has 22+ million in attendance, not counting the playoffs. So, $2 per ticket sold would balance the $40 million loss.
Soccer is still at the bottom of the list. Liberals are drawn to soccer precisely because it is one of the few remaining venues where American exceptionalism does not prevail. In Soccer, players routinely take a dive to complain to the ref. In America, we play with concussions. F soccer.
Golf, if you’re not playing it, is the leading cause of boredom in men.
The WNBA is higher on the list than soccer…it’s simply a question of being above or below golf.
The players need a profit sharing plan
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