@djv1024@sportingnews@CNBC FYI a sophisticated sports operator just paid $300m for the Connecticut Sun who has reported revenue at about 1/4th that of Golden State’s. These teams are all valued on a multiple of revenue. It’s just math… what’s so asinine?
@Dhoopster_@Sportico What are you confused about? Expansion fees are not revenue. They represent a sale of league equity and dilute all of the owners. It is clearly, by definition, not revenue. It will not count as BRI in NBA expansion either.
Golden State Valkyries are first women’s team worth $1B.
CNBC's Official WNBA Team Valuations 2026: The league has its first $1 billion team https://t.co/xwr7He8GqC