57 NBA Financial Statistics for 2025
A new report by Doc's Sports explores the NBA’s financial landscape—from league revenue and franchise valuations to salary caps and growth trends. The NBA now generates over $11 billion annually, establishing itself as one of the most valuable sports leagues in the world.
NBA Revenue & Franchise Valuations
- The NBA generated $11.3 billion in total revenue during 2024, representing a 6.8% increase from the previous year.
- The average NBA franchise is now valued at $4.66 billion according to CNBC’s 2025 valuations.
- Each NBA team generated an average of $376.7 million in revenue during 2024.
- The Golden State Warriors led all franchises with $781 million in net revenue after revenue sharing.
- The Los Angeles Lakers ranked second in team revenue with $516 million, followed by the New York Knicks at $504 million.
- The Memphis Grizzlies generated the lowest revenue at $258 million during the 2022–23 season.
- League revenue has increased 264.5% since 2000, when it was $3.1 billion.
- The NBA’s revenue grew 76% from 2020 to 2024.
- National revenue accounts for 60% of league income; local revenue accounts for 40%.
- The Warriors’ revenue increased sevenfold since 2010, when it was about $111 million.
NBA Franchise Valuations (2025)
- The Golden State Warriors hold the highest valuation at $9.4 billion.
- The New York Knicks rank second with $7.5 billion.
- The Los Angeles Lakers are valued at $7 billion.
- The Chicago Bulls are valued at $5.8 billion.
- The Memphis Grizzlies represent the lowest valuation at $3.2 billion.
- The average NBA team valuation increased 15% in 2024 to reach $4.66 billion.
- The Warriors’ valuation has grown at a 24% CAGR since 2010.
- The Brooklyn Nets are valued at $5.7 billion.
- The Boston Celtics maintain a valuation of $5.66 billion.
- The total combined value of all 30 franchises reached $139.8 billion.
NBA Salary Cap & Payroll
- The 2024–25 salary cap was set at $140.588 million.
- The 2025–26 salary cap increased to $154.647 million.
- The 2024–25 luxury tax threshold was $170.814 million.
- The 2025–26 luxury tax line rose to $187.895 million.
- The average NBA player salary reached $11.9 million for 2024–25.
- The rookie minimum salary is $1.157 million.
- The veteran minimum salary (10+ years) is $3.304 million.
- Stephen Curry leads all players with $55.8 million for 2024–25.
- Total NBA payroll reached $5.1 billion in 2024.
- Players receive roughly 51% of Basketball Related Income (BRI).
NBA Revenue Growth Since 1990
- NBA revenue has grown 34,885% since 1970 ($32.3 million to $11.3 billion).
- Revenue increased 2,160% since 1990 ($500 million to $11.3 billion).
- Player salaries have grown 33,900% since the 1970s.
- The salary cap has risen 4,194% since its 1984–85 introduction.
- Michael Jordan earned $33.1 million in 1997–98.
- Magic Johnson’s 1981 contract was worth $25 million over 25 years.
- The revenue-to-salary growth ratio has remained near 1:1.
- Franchise values have outpaced the S&P 500 by 3x since 2005.
- The first salary cap was $3.6 million in 1984–85.
NBA Media Rights
- The NBA signed an 11-year, $76 billion media rights deal starting 2025–26.
- The deal generates $6.9 billion annually, up from $2.67 billion.
- This is a 159% increase from the previous contract.
- ESPN/ABC will pay $2.6 billion per year.
- NBC will return, paying $2.5 billion annually.
- Amazon Prime Video will contribute $1.8 billion annually.
- Each team will receive roughly $230 million from national media rights.
- The prior deal was worth $24 billion over 9 years.
International NBA Revenue
- International revenue makes up about 15% of total league income.
- China remains the largest overseas market, with 300 million players.
- Europe shows 15% annual growth in NBA subscriptions.
- France’s viewership rose 177% since Victor Wembanyama’s debut.
- Slovenia saw a 49% surge in NBA interest due to Luka Dončić.
Revenue Per Player
- The NBA generates about $25.11 million per player annually.
- Each regular-season game produces $4.59 million in revenue.
- The NBA’s CAGR since 1970 is 11.5%.
- Teams maintain a 12.4x value-to-revenue multiple.
- The revenue yield on team valuations averages 8.08%.
Data Sources
- NBA Teams Surpassed US$ 11.3 Billion in Revenue in 2024 - LinkedIn/Sports Value
- CNBC's Official NBA Team Valuations 2025
- NBA.com, Forbes, CBS Sports, ESPN, Statista, and others
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