How Much Money Did The NBA Make in 2019?
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The NBA is a money-making machine. In 2019, the league generated a record $8.76 billion in revenue. Here’s a look at where that money came from.
NBA’s Total Revenue in 2019
The NBA made a total revenue of $8.76 billion in 2019. This is up from $7.4 billion in 2017. The main sources of this revenue are from television rights, merchandise, and ticket sales. Let’s take a look at how each one of these sources contributes to the NBA’s total revenue.
NBA’s TV Partnerships
The NBA’s two biggest TV partners are ESPN and TNT, which are both owned by Walt Disney.
The league signed a new nine-year TV deal with ESPN and TNT in 2014 worth about $24 billion. That equates to about $2.67 billion per year, or about $30 million per team. The previous TV deal, which ran from 2007 to 2016, was worth about $930 million per year ($7.4 billion total over nine years).
That’s a big increase, but it’s still less than the NFL’s annual TV revenue of $3 billion per year. The NBA’s new TV deal runs through the 2024-25 season.
##In short, the NBA made a lot of money from TV partnerships in 2019.
NBA’s Merchandise Sales
According to Forbes, the NBA generated a total of $8.76 billion in revenue during the 2018-19 season. Of that total, $1.38 billion came from merchandise sales, which is an increase of 7% from the previous season. The total merchandise sales for the league are divided among the 30 teams, with each team receiving an equal share.
NBA’s Ticket Sales
The National Basketball Association (NBA) is a professional basketball league in North America. The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA).[1] It changed its name to the National Basketball Association on August 3, 1949, after merging with the National Basketball League (NBL).[2] The NBA consists of 30 teams: 29 in the United States and 1 in Canada.
The NBA is an active member of USA Basketball (USAB),[3] which is recognized by FIBA (also known as the International Basketball Federation) as the national governing body for basketball in the United States. USAB is also a member of FIBA’s North American zone, which includes all of the U.S. states north of Mexico and Canada.[4]
According to Forbes magazine, the NBA was the fourth most valuable sports league in 2019, with a total revenue of 8.76 billion U.S. dollars.[5] This was an increase from the previous year when they generated a revenue of 7.4 billion U.S. dollars.[5] Most of their revenue comes from ticket sales, with games averaging 17,826 spectators per game during the 2018-19 regular season.[6] TV rights agreements are also a large contributor to their overall revenue, as they generated 2.6 billion U.S. dollars from these deals in 2018-19.[7] Income from sponsorship deals and merchandising are other significant sources of revenue for the NBA.[8]
NBA’s Most Valuable Teams in 2019
The NBA is a money-making machine, and 2019 was yet another record-breaking year for the league. The league saw a total revenue of $8.76 billion in 2019, up from $8.38 billion the year before. The rise in revenue was driven by several factors, including increased TV ratings, a new media rights deal, and higher ticket prices. The NBA also benefits from having some of the most valuable teams in all of sports.
The New York Knicks
The New York Knicks are the most valuable NBA team, according to Forbes’ annual list. The Knicks are worth $4 billion, up 8% from last year. The Los Angeles Lakers are second on the list at $3.7 billion, followed by the Golden State Warriors at $3.5 billion.
The Brooklyn Nets, who are now worth $2.7 billion after being bought by Joseph Tsai in 2018, rounds out the top four. The rest of the top 10 includes the Chicago Bulls ($2.6 billion), Boston Celtics ($2.5 billion), Los Angeles Clippers ($2.3 billion), Houston Rockets ($2.2 billion) and Dallas Mavericks ($2.1 billion).
The bottom three teams on the list are the Memphis Grizzlies ($1.3 billion), Charlotte Hornets ($1.275 billion) and Minnesota Timberwolves ($1.075 billion).
The Los Angeles Lakers
The Lakers are the NBA’s most valuable team for the seventh straight year, worth $3.7 billion. The franchise is boosted by its large market, shared television deal with the Clippers and massive local and global fan base. The team generates an NBA-record $565 million in annual revenue and has operating income of $285 million.
The Golden State Warriors
In 2019, the Golden State Warriors were the most valuable NBA team, with a value of $3.5 billion. The Warriors are owned by a consortium of investors, led by majority owner Joe Lacob. The team plays its home games at the Chase Center in San Francisco, which opened in 2019.
The Warriors have been one of the most successful teams in recent years, winning three NBA championships in the last four seasons. The team’s success has helped to drive up its value, as the Warriors are now worth nearly double what they were worth just five years ago.
The Warriors are not only the most valuable NBA team, but they are also the most valuable sports franchise in the world. In 2019, Forbes valued the Warriors at $3.5 billion, which made them the most valuable sports franchise for the second consecutive year.
NBA’s Highest-Paid Players in 2019
The NBA is a billion-dollar industry and the 2019 season was no different. The league saw a rise in revenue and the players were paid handsomely. This list will feature the NBA’s highest-paid players in 2019 and how much money they made.
LeBron James
In 2019, LeBron James was the NBA’s highest-paid player, with earnings of $88.7 million. This includes his salary of $33.3 million, as well as endorsements and other income. James’ earnings are up from 2018, when he made $85.5 million. The increase is due to both a raise in his salary and a new endorsement deal with Walmart.
It’s no surprise that James is the highest-paid player in the NBA. He is one of the most popular athletes in the world, and has been at the top of the league for many years. In addition to his on-court talents, James is also a very marketable player, with deals with some of the biggest brands in the world.
Below is a list of the 10 highest-paid NBA players in 2019, according to Forbes magazine. All figures are in US dollars.
1) LeBron James – $88.7 million
2) Kevin Durant – $65.4 million
3) Stephen Curry – $79.5 million
4) Russell Westbrook – $53.7 million
5) Blake Griffin – $32.1 million
6) Damian Lillard – $$30.6 million
7) DeMar DeRozan – $27.7 million
8) Kyrie Irving – $20.2 million
9) Jimmy Butler – $19.8 million
10) Klay Thompson – $$19 goes into 750 five times**
Kevin Durant
Kevin Durant is an American professional basketball player for the Golden State Warriors of the National Basketball Association (NBA). He played one season of college basketball for the University of Texas, and was selected as the second overall pick by the Seattle SuperSonics in the 2007 NBA draft. He played nine seasons in Oklahoma City before signing with Golden State in 2016.
Durant won an NBA Championship with the Warriors in 2017 and was named the NBA Finals Most Valuable Player. In 2019, he signed a five-year, $200 million contract extension with the Warriors. Durant has earned over $265 million in salary during his NBA career, which ranks him fourth among active players. He is also one of only two players to have won four consecutive NBA scoring titles, along with Wilt Chamberlain.
Stephen Curry
Stephen Curry is an American professional basketball player for the Golden State Warriors of the National Basketball Association (NBA). A six-time NBA All-Star, he has been named the NBA Most Valuable Player (MVP) twice and won three NBA championships with the Warriors. Curry is the son of former NBA player Dell Curry and older brother of current NBA player Seth Curry. He played college basketball for Davidson. As a senior, he was named Southern Conference Player of the Year and led his team to its first NCAA Tournament appearance in five years.
Curry was drafted with the seventh overall pick in the 2009 NBA draft by Golden State. He was named NBA Rookie of the Year that same year. In 2012–13, he set an NBA record for three-pointers made in a regular season with 272. He continued to improve throughout his career, and helped lead the Warriors to several playoff appearances including NBA Finals appearances in 2014–15, 2016–17 and 2017–18, winning all three times.