• Loading stock data...
Tuesday, December 30, 2025
opinion
Leagues

NBA Ratings Rorschach Test: Buy the Dip

NBA ratings fell to open the new season. As always with ratings debates, there are many factors that could be to blame. None should worry the NBA much.

Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
John Jones/Imagn Images
Exclusive

Gooch Getting LIV Extension, but Ownership Stake Unresolved

Gooch is becoming the new captain of the Smash GC team.
Read Now
December 29, 2025 |

Sports fans, particularly those attuned to viewership numbers, tend to get heated about ratings and what causes them to spike or dip. 

During his first term, President Trump (a man who loves to tout TV ratings) famously went after the NFL repeatedly in highly specific tweets about the league’s ratings, like this one: “NFL attendance and ratings are WAY DOWN. Boring games yes, but many stay away because they love our country.” 

The NFL did see its ratings decline significantly in 2016 (down 8%) and 2017 (down more than 9%) for a range of reasons, but the league got the last laugh as ratings soon rose again and kept rising. This season, NFL viewership had its best September in nine years, then whipsawed as the presidential election approached. Through Week 10, game broadcasts have averaged 17.3 million viewers, the highest number since 2015.

Considering all that, consider the NBA. The opening week of the new season saw double-digit percentage declines for primetime games on ESPN and TNT, and the second week of this season again saw declines

We wrote about that, and I noticed this reader tweet in response: “The election and the World Series was on. The ratings only went down for one week out of two weeks so far. Fake news.” (Like I said: People feel strongly about ratings.) Well, it wasn’t fake news—the ratings numbers are real—but I can appreciate the spirit of the tweet, which I would venture to say was that the dip doesn’t matter, and there was an obvious reason for the dip. 

Indeed, the World Series was on, the most high-profile Fall Classic in seven years. And then the election sucked a lot of air out of the living room. Whether those were the sole causes and NBA ratings will bounce back, unfettered by baseball and politics, is uncertain. 

If you ask Shaquille O’Neal, the culprit is too much three-point shooting. “I have a theory that [the ratings] are down because … everybody’s running the same plays,” O’Neal said this week on his podcast. “I don’t mind Golden State back in the day shooting threes, but every team is not a three-point shooter.” (The average team is shooting 37 threes a game this season, up 50% from 2015; the reigning champion Boston Celtics are averaging 50.) 

NBA commissioner Adam Silver pushed back on Shaq. “I don’t think it has anything to do with the three-point shot,” he said this week in an interview on Cheddar. “I think we’re just looking at a couple weeks of ratings, there’s always some unique things, this year we were up against a World Series … you had a presidential election which was commanding an enormous amount of attention.”

If you ask me, there’s a lack of compelling storylines so far this season. 

The media mania over LeBron and Bronny James playing together culminated in just four minutes of them on the court together (and the only game in week one that was up from the year before) but is now done, as Bronny is where he belongs: the G League. 

LeBron will turn 40 in December. Curry and Durant are both 36. Victor Wembanyama, one of the game’s brightest young stars, doesn’t play on a great team. The Celtics look dominant again, which many fans may not be excited about. (Last year’s NBA Finals ratings were down 3% from the year before, and the NBA playoffs were down 12% overall.)

Of course, leagues have limited control over storylines on the field or court. Andrew Yaffe, the former NBA social media czar who became CEO of Dude Perfect, noted that in our interview last month: “It’s very unpredictable. … You’re at the behest of what happens on the court. Sometimes the storylines are great, and the players and the teams that our fans want to see advance advance, and you get sort of a magical experience like the 2016 Finals between Steph and LeBron, and Kyrie [Irving] hitting one of the most iconic shots in NBA history. And then other times you don’t get that.”

On one hand, the ratings dip may already be over: Night 1 of the Emirates NBA Cup, the league’s second in-season tournament, was up 71% from last year’s first night. But was that a Cup bump, or a Curry/Klay Thompson bump? 

Back to our readers, who have strong takes on ratings: Carla Davis tweeted, “It’s Curry. He has a history of highest nba ratings. But it was also because it was steph vs klay. There were other cup games on. If it was about the cup, those other games would do high ratings also.”

We’ll see whether this is a sustained rise or just a Cup bump that vanishes when we return to the regular, non-tournament season. When a league’s ratings dip or rise, it’s never just one thing. (In 2019, NBA primetime ratings fell nearly 20% in the first two months of the season, and the league cited too many injuries to stars.)

Whatever the causes, there’s no way the global powerhouse NBA is sweating it. The idea that lower ratings for last year’s Finals and this year’s first two weeks means the league’s broadcast partners overpaid for the new $77 billion rights deal is a leap—the deal was worth what companies were willing to pay for it. The league also boasts a young, social-media-savvy audience, and it sustained strong ratings over many years even with such a high volume of games over its long season.

“We have more social media traffic than any time in our history; there’s a huge global marketplace of interest in the NBA,” Silver told Cheddar. “I think the best things are ahead of this league.”

He is no doubt correct about that.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Hockey: PWHL-Boston at Toronto

Emerging Women’s Sports Leagues Kept Expanding in 2025

Beyond the WNBA and NWSL, women’s sports kept growing.

The Legal Scandals That Plagued the NBA in 2025

The NBA and players faced federal indictments, lawsuits, and other off-court drama.

The NBA Is Closely Watching College Basketball’s Eligibility Mess

A former pick signed with Baylor last week and is immediately eligible. 
NCAA Womens Basketball: Cal Poly SLO at UCLA

‘No Media Here’: UCLA Women’s Basketball Coach Rips Lack of Coverage

Her comments started a wider debate about women’s college hoops coverage.

Featured Today

Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.
Rob Manfred
exclusive
December 23, 2025

MLB Teams Fear League Will Pick Winners and Losers in Tech

One company under consideration was founded by a top MLB exec’s uncle.
December 23, 2025

What It Takes to Pull Off Florida’s First Outdoor NHL Game

The Rangers will face the Panthers in Miami’s first NHL Winter Classic.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
exclusive

Gooch Getting LIV Extension, but Ownership Stake Unresolved

Gooch is becoming the new captain of the Smash GC team.
Jul 1, 2025; New York City, New York, USA; A general view out side of Citi Field. The game between the New York Mets and the Milwaukee Brewers was postponed due to impending weather.
December 29, 2025

Can the Mets Avoid 2025’s Spectacular Failure?

The team lost its four longest-tenured players in the offseason.
December 29, 2025

How a Famed Golf Course Architect Designs Holes for Tiger’s TGL

Gil Hanse is designing multiple holes for Season 2 of TGL.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
Dec 28, 2025; Santa Clara, California, USA; San Francisco 49ers wide receiver Jauan Jennings (15) celebrate after scoring a touchdown against the Chicago Bears in the second half at Levi's Stadium.
December 29, 2025

NFL’s Week 18 Should Be a Ratings Win for Networks

The NFL remains nimble with its Week 18 scheduling.
December 28, 2025

DeChambeau Won’t Commit to LIV Future After Koepka’s ‘Shock’ Exit

Bryson DeChambeau’s LIV Golf contract expires after the 2026 season.
December 28, 2025

Biggest Questions Looming for 7 Leagues in 2026

Leagues are facing questions that will shape their impact going into 2026.
Feb 9, 2025; New Orleans, LA, USA; Philadelphia Eagles quarterback Jalen Hurts (left) and head coach Nick Sirianni celebrate with the Vince Lombardi Trophy after defeating the Kansas City Chiefs during Super Bowl LIX at Ceasars Superdome
December 27, 2025

From Record Super Bowl Ratings to WNBA CBA Talks: 2025 in Charts

Seven data visualizations that defined the business of sports in 2025.