• Loading stock data...
Friday, July 26, 2024
Join us this September for Tuned In Request to Attend

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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

What Does NBA-Amazon Deal Mean for League Pass?

League Pass, NBA TV, and NBA.com all face uncertain futures.

Chicago Sky Latest in New WNBA Trend of Building Own Practice Facilities

The facility will allow players to live downtown instead of the suburbs.
Jul 12, 2023; Los Angeles, CA, USA; ESPN president Jimmy Pitaro arrives on the red carpet before the 2023 ESPYS at the Dolby Theatre.

ESPN’s Negotiating Tactics Left TNT in the Dust for NBA Rights

Warner Bros. Discovery’s nonchalant negotiating approach backfired.

Streaming’s Next Step: Amazon Acquires Rights to WNBA Finals

History could repeat itself when it comes to the move from cable to streaming.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 24, 2024

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
July 22, 2024

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’

Olympics: Peacock Aims to Redeem Past Coverage Flaws With Ambitious Slate

The NBCUniversal streaming service will offer an unprecedented level of Olympic coverage.
July 26, 2024

‘Money Over the Fans’: Charles Barkley Rips NBA Owners for New Media Deals

Barkley appeared resigned to this season being the last for ‘Inside.’
July 26, 2024

WBD Takes NBA to Court Over Media-Rights Dispute With Amazon

The NBA’s media future could be decided in court.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 25, 2024

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.
July 25, 2024

WBD Faces Investor Backlash As NBA Rights Loss Triggers Stock Plunge

Investors and analysts take a dim view of Warner Bros. Discovery’s prospects without the NBA.
NBA great Charles Barkley is honored for being selected to the NBA 75th Anniversary Team during halftime in the 2022 NBA All-Star Game at Rocket Mortgage FieldHouse.
July 25, 2024

The Line to Hire Charles Barkley Is Already Getting Long

Amazon, ESPN, and NBC might pursue the entire cast of ‘Inside the NBA.’
July 24, 2024

WNBA Signs $2.2B Deal With Disney, NBC, Amazon

WNBA signed new media agreements; ESPN won’t have exclusive rights to WNBA Finals.