CNBC Estimates First $1 Billion WNBA Team Valuation in 2026

CNBC reports that the Golden State Valkyries, a 2025 expansion team, are valued at $1 billion, marking the first time a women's sports team has reached such a valuation. The average valuation of the 15 WNBA teams is $460 million, significantly higher than the $250 million expansion fee. Expansion fees for new teams starting in 2028 are set at $250 million, while earlier teams paid much less.

By Michael Ozanian · CNBC ·

CNBC Estimates First $1 Billion WNBA Team Valuation in 2026

Topics: expansion fees revenue growth sports economics team valuation WNBA

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