• Loading stock data...
Friday, June 27, 2025
Front Office Sports Launches Front Office Sports Studios Learn More

WNBA, Teams Valued At $1B Following Capital Raise

  • The WNBA and its teams are now valued at $1 billion following a historic capital raise that closed at $75 million.
  • The league billed the raise as the biggest ever for a “women’s sports property.”
WNBA
Mary Holt-USA TODAY/Design: Alex Brooks

The WNBA and its teams are now valued at $1 billion following a historic capital raise of $75 million, a source with knowledge of the investment’s impact told Front Office Sports.

The league billed the raise as the biggest ever for a “women’s sports property.” It includes a roster of A-list investors from the basketball community, as well as the worlds of business and politics. 

The funds will go toward “human capital and operational optimization,” marketing and growing the fanbase, merchandise strategy, and the globalization of the league.

  • Part of the raise was a “significant equity investment” from Nike.
  • Investors with NBA and WNBA ties include Joe and Clara Wu Tsai, Pau Gasol, and Swin Cash.
  • Other investors include former U.S. Secretary of State Condoleezza Rice and Laurene Powell Jobs.

The news follows a 2021 season that saw major growth — regular-season ratings were up 49% over 2020, per ESPN. The league earns about $25 million a year in media rights — a fraction of the NBA’s revenue.

Player Experience

While the WNBA has made major strides in recent years with investing in players, criticism over salaries and resources continue.

Player salaries won’t grow immediately as a result of the raise, and neither will access to charter flights, WNBA commissioner Cathy Engelbert said. Right now, the funds will give the WNBA more resources that “elevate players in the marketplace.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 5, 2024; Cleveland, OH, USA; Iowa Hawkeyes guard Caitlin Clark (22) and Connecticut Huskies guard Paige Bueckers (5) react in the second quarter in the semifinals of the Final Four of the womens 2024 NCAA Tournament at Rocket Mortgage FieldHouse.

With Caitlin Clark’s Status Unclear, Fever-Wings Get-In Tix Down 40%

It should be the first professional face-off between Paige Bueckers and Caitlin Clark.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.
Indiana Fever forward DeWanna Bonner (25) celebrates a 3-pointer Tuesday, June 3, 2025, during a game between the Indiana Fever and the Washington Mystics at Gainbridge Fieldhouse in Indianapolis.

DeWanna Bonner May Clear Waivers After Being Cut by Fever

The Fever signed her to a one-year unprotected contract just four months ago.
exclusive

Fever and Bonner Heading for a Breakup? Here’s What We Know

The Fever are exploring options as DeWanna Bonner seeks a fresh start.

Featured Today

Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.
Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field
June 21, 2025

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Jun 10, 2025; Nashville, Tennessee, USA; United States head coach Mauricio Pochettino stands during the anthem against the Switzerland during the first at Geodis Park
June 14, 2025

Gold Cup Is Complicated for USMNT—but U.S. Soccer Has Its Eyes on..

Uncertain tournament success isn’t fazing forward-looking U.S. soccer.
James Harden

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.
February 5, 2025

Under Armour’s Desired Turnaround Sees Sparks With Q3 Earnings Beat

The 2010s darling has been struggling to find the right formula.