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The WNBA's Most Valuable Franchise May Surprise You — But It Shouldn't

Megan Armstrong· ·3 min read · 0 reactions · 0 comments · 4 views
#wnba#sports business#expansion#women's basketball#franchise valuation
The WNBA's Most Valuable Franchise May Surprise You — But It Shouldn't
⚡ TL;DR · AI summary

The Golden State Valkyries have become the WNBA's most valuable franchise, setting attendance and revenue records in their inaugural season. Their success challenges criticism of the league's rapid expansion, demonstrating strong fan support and financial viability. With new media deals, rising valuations, and growing attendance, the WNBA is experiencing a transformative period of growth.

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Newsweek · Megan Armstrong
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By Megan ArmstrongShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.WNBA expansion teams in Cleveland, Detroit, and Philadelphia were formally approved by the WNBA and NBA board of governors on April 9. Those teams won't start play until 2028, 2029, and 2030, respectively, but the expansion Portland Fire and Toronto Tempo have joined the league for this season. The Ringer founder Bill Simmons called the WNBA's addition of Cleveland, Detroit, and Philadelphia franchises "staggeringly stupid and an unapologetic money-grab that will immediately make the league worse.""You can’t just frantically add new teams like fast food franchises the moment you have a little success,"…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Newsweek.

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