Although the sport has evolved through the years, the basics have remained the same. (October 27, 2022). They're tied with the Celtics as the most decorated team in history, with 17 championships to their name. Los Angeles Lakers Revenue Est. Brand Loyalty: What It Is, and How to Build It, Market Segmentation: Definition, Example, Types, Benefits, What Is Behavioral Economics? Danielle Collins vs. Marta Kostyuk Match Preview & Odds to Win ATX Open The Warriors are a franchise with the largest average revenue growth in the 21st century, with an 8.5% yearly increase over 20 seasons. Over the last decade, the average sale price of a team has tripled. The LeBron effect has already been felt in ticket and merchandise sales. ", USAtoday.com. How do NBA teams make money? - Quora In the 2017-18 season, they recorded revenue of $395 million and an operating income of $147 million. The Lakers and the Buss family are in a very odd space right now. Our guide page will help you get specific information about each type and its effect on your feet and performance. "Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. The drought had not yet finished since they posted another bad season resulting into 5 of the worst ten seasons in franchise history over the last five years. Copyright 2000-2023 Sports Reference LLC. ", SBNation. Business Model - Manchester United We view the Lakers as a global brand with an international presence, Harris said, via Young. He is also the co-author of Control Your Cash: Making Money Make Sense. To use individual functions (e.g., mark statistics as favourites, set Los Angeles Lakers revenue 2022 | Statista More. During the first decade of the 21st century, the league revenue had an average year-by-year growth of 5%. Under emergency declaration, El Paso issued $1.5 million migrant ", Team Sports Marketing. Filling in that gap, local TV contracts can gross between $9.4 million and $149 million annually per team (as of 2017). Community Relations Associate. The lucrativeness and growth potential have been looked into by the industry experts in this report. She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University. 2018 NBA merchandise revenue leaders reveal a surprising pattern This is a 60% drop compared to the previous season, and the largest income drop over the last 10 years. Learn more about how Statista can support your business. ESPN. However, those national contracts still have almost 1,000 regular-season games unaccounted for. The Lakers ARE THE worst team '14-'18. Ryan Reynolds Bids on Ottawa Senators: What Else Does He Own? Learn more and register, Scores from any date in BAA/NBA or ABA history, Frequently Asked Questions about the NBA, WNBA and Basketball, Basketball-Reference.com Blog and Articles, Subscribe to Stathead Basketball: Get your first month FREE. Revenues are about half those of the highest-grossing sports league in the world, the National Football League,not that the two leagues are necessarily in competition. Still, one of the largest differences between the leagues is the origin of the NBA's diverse revenue stream, which includes television, merchandising, sponsorships, and tickets. She became a professional tennis player in 1995, and her sister, Venus, is also a professional tennis player. Or write about sports? This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. For instance, Alibaba (BABA) Joe Tsai purchased a 49% stake in the Brooklyn Nets last year for a rumored $1.15 billion. ", Basketball Reference. The NBA's annual revenue from the agreements will increase from $930 million to more than $2.6 billion, according to a person familiar with the terms. You only have access to basic statistics. Theres another major contributor to the NBA revenue, and unlike the others, this one corresponds to something tangible. In June 2015, the NBA ended its long-standing partnership with Adidas and signed an eight-year, $1 billion contract withNike(NKE). James and LA agreed to a two-year, $97.1 million extension for the 2023-24 and 24-25 seasons. 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. James and LA agreed to a two-year,. Then you can access your favorite statistics via the star in the header. Broadcasting deals present the largest source of revenue for the NBA. Hartland, Wisconsin, United States. Garrett by trade is a personal finance freelance writer and journalist. October 27, 2022. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. In 2002, the NBA decided to partner with ESPN and ABC, signing a 6-year, $2.4 billion deal ($400 million/year). Statista. A paid subscription is required for full access. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. The league is currently under the largest media contract in the league's history. It is estimated that Nike brands control 90% of U.S. basketball shoe sales. 11. Value of the team is based on current stadium deal (unless new stadium is pending) without deduction for debt (other than stadium debt). October 27, 2022. to incorporate the statistic into your presentation at any time. When the deal took effect for the 2016-17 season, ESPN and Turner Sports agreed to pay a combined $2.6 billion tothe NBA annually. Putting this in perspective, the previous deal signed in 2007 cost both networks $930 million each year. ", NBA. "Sponsorship Spending On The NBA Totals $861 Million In 2016-2017 Season. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Like the MLB and NFL, the NBA operates with a revenue sharing system. 3. From 2014 to 2019, the Lakers' annual revenue increased by one-third and their annual profit more than doubled, according to Forbes estimates. 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. Please create an employee account to be able to mark statistics as favorites. The Jordan Brand is far from done. Trevir Nath has five years of experience as a financial writer working with various startups, financial services companies, and news publications. Use without license or authorization is expressly prohibited. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Are you interested in testing our business solutions? The revenue of 30 NBA teams in 2021 stands at $6.41 billion. As a result, all teams pool their annual revenue together and redistribute it from high grossing teams to low grossing ones. 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. In 1947, Minneapolis businessman Ben Berger purchased the National Basketball Leagues Detroit Gems. 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. Golden State Warriors earned the most from the ticket sales, $7.78 million in 2021. The patch program was first instituted during the 2017-18 season, and has experienced growth in the past few years, per Young. 1. , Dec 8, 2022 The revenue of the Los Angeles Lakers franchise amounted to 465 million U.S. dollars in the 2021/22 season. Salary Cap Table 2022-2023 Contracts Active Multi-Year Summary Positional Spending Free Agents 2023 Post-Trade Deadline 2023 Cap Space Projections Los Angeles Lakers Salaries | HoopsHype In 2017, the Lakers broke their franchises history by becoming the 16th team to have a jersey sponsor deal. All Rights Reserved. A Decade of NBA Profit: How Did the League Fare in 2020? . There are two types of revenue that the NBA capitalizes on. This is a 97% decrease compared to the 2019/20 season, and the second season in a row with a drop in ticket revenue since the lockout-shortened 2011/12 season. Los Angeles Lakers 2020-21 Salary Cap Table | Spotrac Accessed March 04, 2023. https://www.statista.com/statistics/194658/franchise-value-of-the-los-angeles-lakers/, Forbes. Kevin Jairaj-USA TODAY Sports. Dimitrije loves to tell hoop stories through numbers and graphics and has been featured on Fansided, FiveThirtyEight, Eurohoops, and TalkBasket among the others. "2019-2020 NBA Fan Cost Index. The average revenue of an NBA franchise was $213.5 million in the 2020/21 season. Every team will earn about $10-million from national broadcasting contracts, the league says, and perhaps as much as $5-million from the league's merchandising business. Los Angeles Lakers franchise value from 2003 to 2022 (in million U.S. dollars) [Graph]. March 4, 2023 2:45 am ET. This is a 19% drop from the season before ($264 million). The Los Angeles Lakers are one of the most storied franchises in the NBA. NFL NBA Megan Anderson Atlanta Hawks Los Angeles Lakers Boston Celtics Arsenal F.C. 42 Elise Mertens.In five tournaments so far this year, Garcia is yet to win a title, and her overall record is 9-5. Los Angeles Lakers 2020 Franchise Value - ClutchPoints Certified Level 100 US Ski and Snowboard coach. The NBA is also the first to consciously develop its most marketable players into global media superstars, which has boosted popularity for the league overseas. Los Angeles Lakers - Wikipedia 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 . 9. Because we respect your right to privacy, you can choose not to allow some types of cookies. Today, we look at the main event for UFC 285. ", Yahoosports.com. If you do not allow these cookies, you will experience less targeted advertising. Since 2017, the NBA started generating $2.7 billion annually from this deal. We also reference original research from other reputable publishers where appropriate. In 1998, the NBA signed a 4-year, $2.64 billion deal with NBC and Turner for broadcasting rights from 1998/99 to 2001/02 season. Odds updated Saturday at 2:45 AM ET. 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. dollars)." Compares the number of wins per player payroll relative to the rest of the NBA. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. The international revenue stream is also tied to the NBA's decision to loosen its marketing rules surrounding putting advertising logos on jerseys. Question, Comment, Feedback, or Correction? The shortened 72-game season for 2020 has led to less advertising and TV revenue. Available: https://www.statista.com/statistics/196721/revenue-of-the-los-angeles-lakers-since-2006/, Revenue of the Los Angeles Lakers from 2001/02 to 2021/22, Available to download in PNG, PDF, XLS format, 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, Milwaukee Bucks concession stand prices (beer, soft drink, hot dog) 2010-2016, Los Angeles Clippers concession stand prices (beer, soft drink, hot dog) 2010-2016, IT-consulting & implementation services market size in United States 2016-2021, Benzodiazepine prescription status during physician visits U.S. 2014-2016, by age, Share of households with a park or green space close to home in Canada 2011-2017, Frequency at which women in the U.S. purchase swimwear by age 2017, Gypsum mine production in Mexico 2010-2021, Industry revenue of manufacture of rubber tyres and tubes in France 2012-2025, Revenue of the Los Angeles Lakers from 2001/02 to 2021/22 (in million U.S. dollars), Find your information in our database containing over 20,000 reports.
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