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- Thread starter calibuck
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Looks like Cleveland is getting another franchise
www.sportsbusinessjournal.com
Cleveland likely to get next WNBA franchise in ‘28
Cleveland has a 90% chance to be awarded the WNBA's 16th franchise, starting in 2028, and be named the Cleveland Rockers with a bid of about $250M. The WNBA may add two more franchises, as well, to get to 18 total.
www.sportsbusinessjournal.com
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Looks like Cleveland is getting another franchise
Cleveland likely to get next WNBA franchise in ‘28
Cleveland has a 90% chance to be awarded the WNBA's 16th franchise, starting in 2028, and be named the Cleveland Rockers with a bid of about $250M. The WNBA may add two more franchises, as well, to get to 18 total.
ummm but why?
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calibuck
Too soon old, too late smart
Because the WNBA market is hot, and people see an opportunity to make some money? And everybody wants to have 7-10 home games with the Fever, to see Caitlyn play? Granted, the depth of players in WNBA is huge, but all these new franchises will dilute that talent. And only see one or two players coming out with anywhere the talent of CC. Seems like a high level of risk, kinda like bitcoin.....
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no money is being made in the WNBA. Last year was their most popular yet and they still lost millions.
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buckeyeintn
Legend
Um, that article was posted 2/16/25, and states that an announcement is expected no later than March. Of course, it doesn't say March of what year, so they still have an excellent chance of making the March deadline (unless the world ends first).
And lost millions last year? Make that tens of millions (approximately $40 million).
Yep, I definitely believe the WNBA players deserve equal pay to the NBA players. They probably deserve even more, with the tremendous surge in popularity. And while I couldn't easily find what the NBA profit was last year, I did find it generated revenue of $11.3 BILLION.
And lost millions last year? Make that tens of millions (approximately $40 million).
Yep, I definitely believe the WNBA players deserve equal pay to the NBA players. They probably deserve even more, with the tremendous surge in popularity. And while I couldn't easily find what the NBA profit was last year, I did find it generated revenue of $11.3 BILLION.
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calibuck
Too soon old, too late smart
That is true, have heard repeatedly that WNBA lost $50 million on the season. But what with the salaries topping out around the $80k area, seems a bit hard to believe. Of course, we watched the CC show every chance, and most of the nose-bleed seats were occupied, and didn't watch many of the other games, so cannot draw any conclusions other than CC put butts in the seats. Will need a couple of other young superstars (yes, looking at you Paige), to continue the growth. TV certainly kicks in some big bucks, and will do more undoubtedly, IF the advertisers are there. Fans in the stands will make up a smaller increment of total income, more in the 'cover the expenses' category. Anyway, WNBA has the opportunity to be in the growth industry category. Hope it continues. PS, in an aside, daughter's HS team went to Las Vegas for a WBB tournament, and the HC asked me which one was my daughter (am 6'6"). We were playing in women's gym, and she took me over to see men's gym. About ten times more seating (even had a Tark parking place out front). She sighed, and said maybe one day the women can fill up that arena.
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