[Blue Highway]

If they’ve lost $40 million a year for 29 years, who’s taking the loss?

[TexasGator]

NBA

[verum ago]

If they’ve lost $40 million a year for 29 years, who’s taking the loss?

The NBA, who's used the WNBA as a tax write-off from the very start.

Financially speaking, that's the WNBA's actual function, and literally always has been, period, full-stop: a tax write-off for the NBA.

The WNBA would not have existed, nor have ever continued existing to this very day, without the NBA subsidizing it.

The WNBA has existed for 29 years and has not in a single damn year turned a profit. It has an annual revenue of ~200 million currently, vs the NBA's ~ 12 billion dollar annual revenue.

The mean WNBA player loses her league ~$105,000 dollars per year against an average salary of $147,745 per year, while the mean NBA player generates his league ~83,000,000 per year, against an average salary of $11,900,000 per year.

The WNBA is a f*cking joke as a business, and that's being very, very polite to say the least.

[Adder]

NBA, to the tune of a few player salaries, ie, $40 mil or so per year...

[Captain Peter Blood]

The NBA and the owners of NBA teams have been subsidizing the WNBA since its inception. They are finally at the point. They’re tired of doing so. So it’s very possible the WNBA could cease to exist. There’s no money to pay these people more than what they’re getting.

[Ditto]

If they’ve lost $40 million a year for 29 years, who’s taking the loss?

The NBA..