Sport

Angel Reese and Caitlin Clark cause the WNBA to lose $40 million

They reduced $12million from the expected losses, originally estimated at $52million

 

 

For many, the entry of Caitlin Clark and Angel Reese into the WNBA signified an enhancement in the quality of the sport, and they are correct; it indeed has improved. Nonetheless, The New York Post reported that the league is facing a potential $40 million loss in the 2024 season.

 

Irreparable losses

 

 

Since this two superstars joined the league, we have seen great results, transformed into sell-out crowds, increased merchandise sales and boosted TV audience numbers. For example, ESPN saw a 170% increase in viewership, and there were over 100 more sold-out games compared to the previous year.

 

Then, why is the league still facing significant losses? Well, they were expecting losses of $52million at the beginning of the season, but they have been reduced this figures to $40million thanks to the impact of Caitlin and Angel. Despite this, the WNBA is still not generating enough revenue to turn a profit. The league, however, is awaiting a $2.2billion media rights deal to kick in during the 2026 season. Numbers still do not add up.

 

A league executive told to the New York Post: “WNBA owes the NBA so much we won’t see any windfall for years.”

Related Posts

The new photos have sparked rumors that Russell Wilson’s wife, Ciara, is secretly pregnant with twins.

New photos of Ciara have fans buzzing with excitement over speculation that the R&B singer and her NFL superstar husband, Russell Wilson, are expecting again. Based on a…

Angel Reese Was Courtside Supporting Both Teams During WNBA Finals Game 5

A familiar face was in attendance for Sunday night’s Game 5 of the WNBA Finals between the Minnesota Lynx and New York Liberty. Chicago Sky star Angel Reese…

WNBA’s DiJonai Carrington Blasts Troll For George Floyd, Caitlin Clark Meme

WNBA star DiJonai Carrington just ripped into a social media user who trolled her with an insensitive George Floyd meme following her game Wednesday night — calling the person’s behavior “so sick.”…

Angel Reese Rocks Teeny-Tiny Booty Shorts Stuns At ‘Wild ‘N Out’ Show!

“Wild ‘n Out” had no shortage of star power at Wednesday’s taping — Rick Ross, Waka Flocka, and G Herbo were all on the show — but the MVP of the night…

Angel Reese’s embarrassing video during Chicago Sky’s practice session suddenly goes viral, recording revealed

A montage of Angel Reese mic’d up during Chicago Sky practice is going viral as the rookie sensation decided to have fun with teammates and coaches. On Wednesday,…

VIDEO: Ciara Calls Out Ex Future for Criticizing Russell Wilson’s Relationship with Their Son.

You tell him, Ciara! The singer put her ex, Future, on blast after he slammed her for bringing their son Future Jr. around her boyfriend Russell Wilson. Well,…