Tuesday, August 4, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Rights Deals Could Boost Women’s Sports into $1B Industry

  • A Deloitte reports predicted that women’s sports would become a $1 billion industry in the coming years.
  • Media rights deals have been a clear indicator of the growth in women’s sports.
NWSL
Mike Watters-USA TODAY Sports

A 2020 Deloitte report predicted that women’s sports would become a $1 billion industry in the coming years, with TV rights expected to be one of the main drivers. If history is any indication, that number seems fairly attainable.

The NWSL struck a reported $4.5 million, three-year media rights deal with CBS in 2020 — a huge jump from its early days on YouTube, which only brought in a few thousand viewers. 

With the league’s next set of rights up for grabs in 2023, NWSL commissioner Jessica Berman said she expects significant growth.

The NWSL’s ratings are nearing — and sometimes exceeding — those of MLS, which just signed a 10-year, more than $2.5 billion broadcasting deal with Apple.

  • CBS drew more than 456,000 viewers for the NWSL preseason match between the San Diego Wave and Los Angeles’ Angel City FC.
  • MLS’ opening match between New England and Portland only brought in 436,000.

Berman clarified that quality broadcasting windows are important for the league’s new deal.

Similarly, ESPN, which previously paid the WNBA $12 million annually, now pays $25 million annually for rights. Their deal is up in 2025 — and the 2021 season saw a 49% viewership increase from 2020.

NCAA Numbers

A NCAA-commissioned Kaplan Report found that the women’s March Madness tournament could have a market value of up to $101 million per year as part of a separate package. The NCAA currently receives $34 million for the women’s tournament and championships in 28 other sports.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Handful of NBA Draft Picks Could Return to College After Ruling

Four players drafted in June could return to college. 

Jason Wright: Why WNBA Valuations Could Catch Up to NHL

Jason Wright says it could happen, “save for some weird gender bias.”
podcast thumbnail mobile
Front Office Sports Today

8/4/26 – Pochettino’s New Deal, Dodgers Load Up, Browns Pick Turf

0:00

Featured Today

WPBL

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
CBS sportscaster and former NFL quarterback Tony Romo chats with the media Tuesday, June 27, 2023 during the OSF Children's Hospital of Illinois Championship & Pro-Am at Metamora Fields Golf Club.

Is This the Beginning of the End for Tony Romo at CBS?

Romo’s leave has elevated J.J. Watt to CBS’s No. 1 team.
August 2, 2026

How the Nostalgia Account 20 Years Ago Sports Went Viral

Nostalgic sports content is proving extremely popular.
Oct 23, 2011; Arlington, TX, USA; Dallas Cowboys quarterback Tony Romo (9) with owner Jerry Jones prior to the game against the St Louis Rams at Cowboys Stadium. Mandatory Credit: Matthew Emmons-USA TODAY Sports
August 3, 2026

Tony Romo’s CBS Future a ‘Litmus Test’ for Jerry Jones’s Power

CBS placed Romo on leave last week.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses the launch of Champions Fund and how he navigated the business world after football
Jan 8, 2024; Houston, TX, USA; Adam Schefter talks on a set before the 2024 College Football Playoff national championship game between the Michigan Wolverines and the Washington Huskies at NRG Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports
July 31, 2026

Schefter Among Early Investors to Cash In on Underdog Sale

Schefter first invested in Underdog in 2021.
CBS sportscaster and former NFL quarterback Tony Romo chats with the media Tuesday, June 27, 2023 during the OSF Children's Hospital of Illinois Championship & Pro-Am at Metamora Fields Golf Club.
July 31, 2026

CBS Places Tony Romo on Leave After OWI Arrest

JJ Watt will work with CBS’s No. 1 NFL broadcast team.
Jan 17, 2026; Miami, Florida, USA; ESPN reporter Molly McGrath during media day for the 2025 College Football Playoff National Championship at Miami Beach Convention Center. Mandatory Credit: Kirby Lee-Imagn Images
Exclusive
July 31, 2026

Molly McGrath Moving From CFB to NFL Coverage at ESPN

McGrath will be a sideline reporter and fill-in host on “NFL Live.”
At Five Points Sports Bar, in Levittown, Philadelphia Eagles fans watch first quarter action, in Super Bowl LVII, in Arizona, on Sunday, Feb. 12, 2023.
July 31, 2026

NFL Sunday Ticket Will Still Be Available by Satellite at Sports Bars

DirecTV’s previous deal expired after the 2025 NFL season.