The Lakers had no individual jerseys in the top 15 list, but still, they came in third, but that is something that will change since they signed up LeBron James for a four-year contract worth $154 million, in July 2018. , Dec 8, 2022 The revenue of the Los Angeles Lakers franchise amounted to 465 million U.S. dollars in the 2021/22 season. Forbes. They're tied with the Celtics as the most decorated team in history, with 17 championships to their name. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. The Lakers announced Wednesday they were partnering with Sportfive, a third-party agency, to find a new partner . The offers that appear in this table are from partnerships from which Investopedia receives compensation. More and more companies are expected to pursue patch partnerships in the coming seasons. The NBA Trade Deadline is next Thursday, which is ample time for the Los Angeles Lakers to seek upgrades. The NBA generated $46.41 million in ticket sales during the 2020/21 campaign. RunRepeat helps you choose the best model of shoes according to your needs and playing style, whether is LeBron, Kobe, or Steph-like. This leads to an unsustainable system and economic disparity amongfranchises. Like other major sports leagues, television comprises a key part of the NBAs business strategy. Another important component of the NBA's finances is its revenue-sharing system. Fortunately, the Lakers know how to keep the cash flowing, and they started with the signing up of LeBron James. Also, by disabling these cookies you will also disable banner ads served by Google Adsense on this website.. For more information about these items, view our complete privacy policy.Read More. Los Angeles Lakers 2022-23 Salary Cap Table | Spotrac Licensing revenue is income earned by a company for allowing its copyrighted or patented material to be used by another company. Who Owns the Lakers? - ONE37pm Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. "Sponsorship Spending On The NBA Totals $861 Million In 2016-2017 Season. These include white papers, government data, original reporting, and interviews with industry experts. TV is an attractive option for many NBA fans since they can watch the game for free, minus the cost of their cable provider or TV service. This deal is a 245% increase in annual revenue compared to the previous deal with Addidas, worth $51 million annually. 8. Utah Jazz are the only team that had an increase in revenue in the 2019/20 season, with a 16% rise. NBA teams are notsold that frequently, but when they are, records break every time. The NBA debt is currently $6.7 billion, increasing by 24% compared to the previous year. Market size is a big factor in . Earnings before interest, taxes, depreciation and amortization. Endeavors reported $65.9 million in revenue in 2019 and nearly $1 million in . Show publisher information Consequently, the Cavaliers were the second to the Warriors in merchandise sales. Compares the number of wins per player payroll relative to the rest of the NBA. Salary Cap Table 2022-2023 Contracts Active Multi-Year Summary Positional Spending Free Agents 2023 Manage Roster Player Option Club Option Non-Guaranteed Estimate Golden State Warriors on the Forbes NBA Team Valuations List Drawing interest domestically and abroad, the NBA has seen its popularity and revenue streams rapidly increase over the past few years. In the 2017-2018 season,NBA TV airedthe most regular-seasongames with106 followed by Disney's (DIS)ESPN (87), Warner Media's (TWX)TNT (67),and ABC (17)., TV accounts for most of the NBAs revenue. The Lakers won a title, but also lost the most potential fan revenue in Statista. ThePhiladelphia 76ers, who continually have some of the highest attendance rates in the league, had an average attendance of 20,628 people at home games in the 2019-20 season. The New York Knicks used to have the most expensive tickets in the league; however, the Golden State Warriors now report the highest ticket costs followed by the Los Angeles Lakers. Abierto GNP Seguros Preview: Caroline Garcia vs. Elise Mertens Betting The National Basketball Association has a reputation for being the most innovative of the major professional North American sports leagues, earning money from a combination of sources, including television rights, merchandising, and ticket sales. Because we respect your right to privacy, you can choose not to allow some types of cookies. NBA revenue by year. What Does Serena Williams Do For Charity? [Online]. On the world stage, basketball is one of the most popular sports, trailing only soccer. Boehly has . The Warriors will accumulate an estimated $700 million in annual revenue moving forward, . An impact player? He better be - Tampa Bay Times As the NBAs popularity increases, team values grow far out of proportion. Los Angeles Lakers franchise value 2022 | Statista During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. The team is valued at a whopping $4.4B according to Forbes' recent estimation. This included calculating all revenues for the last uninterrupted season, 2018-19, which, for most teams coincided with the fiscal year ending on June 30, 2019, and analyzing those results in connection with findings from the 2019 . Dollars). The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary. Some of the advertisers include General Electric, Walt Disney Company, and Rakuten, which is a Japanese e-commerce company. Tennis odds courtesy of Tipico Sportsbook. The nine-year deal earns the NBA approximately $2.6 billion per year. For more information, check outHow the NFL Makes Money. Los Angeles Lakers Annual Revenue and Growth Rate. So far, live sports have tended to remain safe from these changes, but that may not last forever. Market segmentation refers to aggregating prospective buyers into groups with common needs and who respond similarly to a marketing action. Revenue Breakdown: Merchandise sales $40.294 billion; Box office $9.491 billion; Home video $9.057 billion; Video games $4.964 billion; 2021 NBA Franchise Valuations Interactive Data Viz - Sportico.com In 2017, the Lakers broke their franchises history by becoming the 16th team to have a jersey sponsor deal. Join us for a March Madness Webinar on Tuesday, March 7 at 8pm ET. More. All teams pool their eligible revenue together to redistribute it from teams with higher revenues to those with lower. Considering that that is one site, we can only imagine the figures on other online retailing websites. The deal added another $366 million of revenue for the league. Golden State Warriors faced the largest drop in revenue in 2021 with 46%. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. The Lakers ARE THE worst team '14-'18. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. Compares the number of wins per player payroll relative to the rest of the NBA. This about $250-300 million more than the Knicks or Lakers, the next-highest NBA teams, and possibly . Los Angeles Lakers scores, news, schedule, players, stats, rumors, depth charts and more on RealGM.com Investopedia does not include all offers available in the marketplace. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the . Use Ask Statista Research Service. Total Revenue: est. James and LA agreed to a two-year, $97.1 million extension for the 2023-24 and 24-25 seasons. Behavioral Economics is the study of psychology as it relates to the economic decision-making processes of individuals and institutions. Contributing to its growth, the NBA has focused on expanding basketball viewership overseas to Europe and China. Before accounting for revenue-sharing payouts, 14 of league's 30 teams reportedly lost money last season . "NBA rosters feature 108 international players in 2019-20.". The Knicks still have some of the most expensive tickets in the league, and hold the position of third most expensive tickets. Los Angeles Lakers hold the largest local TV contract, earning $149 million annually. ", NBA. In February 2016, the NBA announced a nine-year, $24 billion media rights deal withESPNandTurner Sports. the official stats partner of the NBA, NHL and MLB. According to latest estimates, the team was valued at 5.9 billion U.S. dollars, making it the. Like Manu Ginobili, hes a left-hander whose moves led him to a better career-shooting percentage than the Argentine himself. The Los Angeles Lakers are hoping for a major revenue boost from a jersey patch?. Warriors will have nearly $700 million annual revenue at new Chase We view the Lakers as a global brand with an international presence, Harris said, via Young. Revenue and operating income are for 2021-22 season and net of revenue sharing and arena debt service. Ryan Reynolds Bids on Ottawa Senators: What Else Does He Own? Forbes. They are followed by the Warriors with -$44 million. In the same time period, the Lakers' average . lakers revenue breakdown. There are a number of key challenges facing the NBA, even as professional basketball continues to grow in popularity in the U.S. and elsewhere around the worldand as individual teams balloon in value. In 2007, the NBA extended its deal with ESPN, ABC, and Turner Sports, worth $7.4 billion over 8 years. Logos were compiled by the amazing SportsLogos.net. Trevor is an expert on business, personal finance, and trading. Are you interested in testing our business solutions? Brooklyn Nets had 5 seasons with negative income, most in the league during this period. While the NFLs television contracts are famously lucrative and are signed exclusively with national networks, the NBA broadcasted 277 regular-season games nationally in 2017-18plus 90 or so playoff games. According to Chicago sports business firm Team Sports Marketing, the FCI for an NBA game during the 2019-2020 season was $430.25.. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2021-22 season. With this deal, the NBA increased its annual broadcasting revenue to $930 million per year. Rui Hachimura was traded to the Los Angeles Lakers for a modest return, and his restricted free agency status played a big part in how that deal came together. Show publisher information Philadelphia 76ers Premier League UFC Television The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver According to ESPN, for the 2018-2019 season, teams saw an average of anywhere from just under 15,000 to just over 20,000 fans attend per home game. With tickets costing close to $74 on average (in the 2018-19 season), the money earned from ticket sales adds up quickly. Along with tickets, additional Basketball Related Income (BRI) includes concessions and other sales. Learn more about how Statista can support your business. The revenue of 30 NBA teams in 2021 stands at $6.41 billion. Revenue sharing in the NBA addresses the inequitable circumstances between small and big markets. Value of team based on current arena deal (unless new arena is pending) without deduction for debt. ", Forbes, Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars) Statista, https://www.statista.com/statistics/196721/revenue-of-the-los-angeles-lakers-since-2006/ (last visited March 04, 2023), Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars) [Graph], Forbes, October 27, 2022. Likewise, many of the NBAs biggest stars havelucrativeendorsement deals with the worlds largest shoe and apparel company. The Lakers took home $122 million in 2013 season which was the highest amount in any United States league earned from a local Television deal. Use without license or authorization is expressly prohibited. Learn how your comment data is processed. Television Rights, Merchandising, and Ticket Sales Are Primary Revenue Sources. Danielle Collins vs. Marta Kostyuk Match Preview & Odds to Win ATX Open 30 NBA teams generated $738 million in operating income for the 2020/21 season. A complete NBA Revenue Breakdown: This may seem like a lot to take in, so let us do an NBA revenue breakdown to simplify it for you. Jordan, LeBron, Durant Headline NBA's Biggest 2021 Sneaker Deals This denoted an increase of 47 percent over the previous season, when. Like the MLB and NFL, the NBA operates with a revenue sharing system. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average during the 2021-22 season. Lakers forward LeBron James will be the highest-paid NBA player in 2021-22and it's not even close. "How the coronavirus outbreak could impact the NBA's salary cap for the 2020-21 season.". March 4, 2023 2:45 am ET. The average NBA team generated $1.76 million in tickets sales in 2021. However, that's not to say that ticketing doesn't contribute at all. becomes available when a team relinquishes more salary than it acquires during a trade. The information does not usually directly identify you, but it can give you a more personalised web experience. Portion of franchise's value attributable to revenue shared among all teams. It is estimated that Nike brands control 90% of U.S. basketball shoe sales. How the coronavirus outbreak could impact the NBA's salary cap for the 2020-21 season. However, according to Forbes, which regularly compiles valuations of the 30 teams of the NBA, total revenue across the organization reached $8.76 billion in the 2018-19 season. Sportico conservatively estimates MJ's take at $150 million. Since signing up, on eBay, 12,000 of LeBron jerseys which go for a price of $23.25 including shipping, have been sold, translating to around 200 jerseys per day. The Indiana Pacers and Los Angeles Lakers have gotten off to opposite starts, which could impact a potential Russell Westbrook deal between the teams. Memphis Grizzlies have the smallest revenue from local TV deals, with $9.4 annual revenue. Business. And of course, The Knicks have been the worst team since 2001. ($ Million) Growth Rate (%) # Employees; 2021: Details in Premium Report: 2020: 2019: 2018: 2017: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Los Angeles Lakers's revenues are gauged from an analysis of company filings. The average revenue of an NBA franchise was $213.5 million in the 2020/21 season. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined. Available: https://www.statista.com/statistics/194658/franchise-value-of-the-los-angeles-lakers/, Los Angeles Lakers franchise value from 2003 to 2022, Average franchise value of National Basketball Association teams 2001-2022, Total revenue of the National Basketball Association 2001-2022, Average revenue of National Basketball Association teams 2001-2022, Average operating income of National Basketball Association teams 2001-2022, Average player expenses of National Basketball Association teams 2001-2022, NBA league & teams sponsorship revenue 2010-2022, Average per game attendance in the NBA from 2005-2022, NBA franchises ranked by most recent purchase price as of 2021, Teams of the NBA ranked by revenue 2021/22, Operating income of National Basketball Association franchises in 2022, Player expenses in the NBA by team in 2022, Average player salary in the NBA by team 2019/20, NBA regular season home attendance by team 2021/22, NBA regular season average home attendance by team 2021/22, Franchise value of the Los Angeles Lakers (NBA) 2003-2022, Operating income of the Los Angeles Lakers (NBA) 2001-2022, Player expenses of the Los Angeles Lakers (NBA) 2001-2022, Regular season home attendance of the Los Angeles Lakers 2006-2022, Gate receipts of the Los Angeles Lakers (NBA) 2010-2022, Los Angeles Lakers number of Facebook fans/Twitter followers 2012-2022, National Basketball Association all-time minutes leaders 1946-2022, National Basketball Association all-time rebounding leaders 1946-2022, Career games played leaders - Los Angeles Lakers 1948-2022, Career points leaders - Los Angeles Lakers 1948-2022, Career rebounds leaders - Los Angeles Lakers 1948-2022, Los Angeles Lakers concession stand prices (beer, soft drink, hot dog) 2010-2016, Kobe Bryant points scored in the NBA 1996-2016, by season, Kobe Bryant average points scored in the NBA 1996-2016, by season, Kobe Bryant games played in the NBA 1996-2016, by season, Average ticket price Los Angeles Lakers (NBA) games 2015/16, Los Angeles Clippers concession stand prices (beer, soft drink, hot dog) 2010-2016, Detroit Pistons concession stand prices (beer, soft drink, hot dog) 2010-2016, Minnesota Timberwolves concession stand prices (beer, soft drink, hot dog) 2010-2016, Dallas Mavericks concession stand prices (beer, soft drink, hot dog) 2010-2016, Fastest growing private companies in New Hampshire by growth rate 2021, Opinion of adults on personal financial situation over past year U.S. 2020, by race, Mexico: employees in toiletries, cosmetics & jewelry wholesale 2014-2021, Style/fashion/fit influence sports footwear purchase decisions U.S. 2014, Number of potted plants produced in Canada by province 2021, Most anticipated gifts on Father's Day according to U.S. residents 2017, United States - Number of tattoos in 2019, Industry revenue of security systems service activities in Bulgaria 2012-2025, Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. dollars), Find your information in our database containing over 20,000 reports. The NBA makes money primarily through television, merchandising, sponsorships, and tickets. You can learn more about the standards we follow in producing accurate, unbiased content in our. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. It seems patch partnerships can be a possible cash cow, especially for a worldwide brand like the Lakers. He's making 6.48 percent more than in 2021/22. Liberty (13-6-1) netted five goals in the second and third periods of Saturday's opener, when they outshot the Lakers, 66-22, before scoring 12 goals in the first two periods of Sunday's rematch. . Review and organize the Lakers Community Fan Mail excel, and respond back to fan mail (digital and physical mail) Assist and . The average ticket price in the NBA was $78.7 for the 2020/21 season. Community Relations Associate. Posted on . Position Breakdown: Alabama's TE's ahead of spring practice You can only download this statistic as a Premium user. Garrett by trade is a personal finance freelance writer and journalist. Cameron Latu. This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds. "NBA Revenue Sharing: Small-Market Teams to Benefit from New Sharing Structure. Lakers Alpine Racing. Click on the different category headings to find out more and change our default settings. If you do not allow these cookies, you will experience less targeted advertising. Safe Sport certified. The Jazz are followed by the Knicks ($71 million) and the Lakers ($63 million). When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. It also gives you, Read More The Five Most Expensive Paintball Guns Money Can BuyContinue. Business Model - Manchester United ", Team Sports Marketing. As a result, Lakers have a higher market income than, say, New Orleans Pelicans. Are you interested in testing our business solutions? In, Forbes. 28.02.23. An updated look at the Los Angeles Lakers 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses. For the 2016-2017 season, TNT and ESPN re-upped their contracts to an estimated $24 billion in total. Yes, its possible to get around this vast metropolis even if you dont have a car. Premier League owner funding over the past 10 years: Revealed Playoff wins count twice as much as regular season wins. After having had discussions with many brands, none of them seemed to be heading in the direction of the Lakers until Wish came along and they clicked. 2023 Forbes Media LLC. ", Forbes, Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/194658/franchise-value-of-the-los-angeles-lakers/ (last visited March 04, 2023), Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. dollars) [Graph], Forbes, October 27, 2022. Before the Time Warner Cable contract, the Lakers had a deal with Fox Sports West in which they were getting $30 million per year in rights fee. These cookies are necessary for the website to function and cannot be switched off in our systems. To use individual functions (e.g., mark statistics as favourites, set The average NBA team value depreciated 2% directly related to the business interruption and uncertainties caused by COVID-19 pandemic, based on a Sportico analysis. His research has been shared with members of the U.S. Congress, federal agencies, and policymakers in several states. How Much Money Do the Los Angeles Lakers Bring In Annually? Every season had positive growth. Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. dollars) [Graph]. This statistic is not included in your account. Live sporting events remain popular despite the increasing trend of streaming TV programs and the widespread use of DVRs. "Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. It's been reported that both the Dallas Mavericks and the Miami Heat are interested in making a deal for Kawhi Leonard, and while Kawhi's given no sign that he would be willing to leave the Los. They are followed by the Atlanta Hawks, Cleveland Cavaliers, Minnesota Timberwolves, and Philadelphia 76ers with 4 negative years. If you are an admin, please authenticate by logging in again. Brand-loyal customers believe that a certain brand delivers both higher quality and better service than any competitorand the price does not matter. 12. Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. This deal generated $660 million in annual revenue for the NBA. So who are all the people that own a stake in the Lakers? A sportsbook is a company or entity that accepts bets. Home to the Lakers, Clippers and Kings, the No. The Valorant world championship is hedging to Los Angeles later this year to crown the next world champion. However, live sports have remained largely immune to this trend. The largest revenue increase was 26%, in the 2916/17 season. L.A. Lakers received $4.6 million from federal loan program but