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Valkyries Hit $1 Billion as CNBC Tallies Soaring WNBA Team Values

New media cash drives a rapid reset in WNBA franchise prices.

The arena before the game between the Golden State Valkyries and the Los Angeles Sparks on May 16, 2025 at Chase Center in San Francisco, California.
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Overview

  • CNBC, which released its 2026 valuations Monday, put Golden State at $1 billion and the league average at about $460 million.
  • New national TV deals worth an estimated $281 million per year start this season and anchor the jump in values.
  • Teams tied to NBA owners and arenas command premiums, with Golden State leveraging Warriors ownership and Chase Center to lead revenue and sell 12,000 season tickets.
  • The Mohegan Tribal Gaming Authority agreed in March to sell the Connecticut Sun to Rockets owner Tilman Fertitta for $300 million, with a planned 2027 move to Houston pending league approval, according to CNBC reporting.
  • Recent expansion prices climbed to $250 million for Cleveland, Detroit and Philadelphia, while new club Portland reportedly paid $75 million and could approach $50 million in first-year revenue.