The valuation of the average WNBA team has hit $96 million, according to Sportico. The Las Vegas Aces headline the valuations at $140 million, followed by the Seattle Storm at $135 million, and the New York Liberty at $130 million.
The teams are collectively worth $1.16 billion, including real estate and assets related to the franchises, such as practice facilities.
Mark Davis purchased the Aces from MGM International in 2021 for $2 million. Davis has subsequently invested in the franchise including a $40 million practice facility. The Aces and Storm each had revenue totals in 2023 approaching $18 million.
The WNBA valuations are at a revenue multiple of 7.3, which trails the NBA, MLS and NFL, but ahead of the NWSL, MLB and NHL.
2024 WNBA Franchise Valuations
1. Las Vegas Aces: $140 million
2. Seattle Storm: $135 million
3. New York Liberty: $130 million
4. Phoenix Mercury: $105 million
5. Chicago Sky: $90 million
6. Indiana Fever: $90 million
7. Los Angeles Sparks: $85 million
7. Minnesota Lynx: $85 million
9. Connecticut Sun: $12.9 million
9. Washington Mystics: $80 million
11. Dallas Wings: $75 million