The WNBA is brimming with talent and expanding its fan base, particularly with the 2024 draft class boasting stars such as Caitlin Clark and Angel Reese. However, despite its growth, the league’s projected loss of $40 million this season is causing concern among NBA investors.
They have been losing money for years, and this year’s loss is adding to the frustration of investors. While the league is gaining popularity and attracting more fans, it hasn’t yet turned a profit.
Despite record high attendance and viewership, the women’s league continues to struggle financially. Since the NBA owns a significant portion of the WNBA, this loss is causing concern among NBA team owners.
Starting in 2026, the WNBA will get up to $2.2 billion over 11 years from new media deals, adding $100 million each year. But with player salary increases and no money from expansion fees, profits might drop from $100 million to $60 million, which is a $40 million loss.
Some NBA owners want more transparency from Commissioner Adam Silver, who is working on solutions to address these financial challenges.
WNBA finals hits game 5 for first time since 2019
For the first time since 2019, the WNBA Finals will go to a decisive Game 5. The New York Liberty and the Minnesota Lynx are battling it out, with the series tied 2-2. The Lynx recently won Game 4 with an 82-80 victory, forcing the final game.
Many fans are eager to see who wins this winner-take-all match. Both teams are preparing for a tough battle as the game takes place in New York on Sunday night.