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#41 | |
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Hall Of Famer
Join Date: Jun 2006
Posts: 5,380
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#42 |
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Hall Of Famer
Join Date: Feb 2002
Location: Up There
Posts: 15,644
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#43 | ||
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Hall Of Famer
Join Date: Dec 2002
Posts: 5,393
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Quote:
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Edit. HARD salary cap per team at $1.5 million. Twelve teams, so $18M. With salaries being just TEN PERCENT of revenue, where's the money going?? Last edited by dsvitak; 05-21-2024 at 08:34 PM. |
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#44 |
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Hall Of Famer
Join Date: Mar 2003
Location: Where the Action is
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#45 | |
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Hall Of Famer
Join Date: Jun 2006
Posts: 5,380
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Quote:
In the end, though, it's probably impossible to even accurately estimate the WNBA's bottom line because of its being so intertwined with the NBA. With some research we could probably come up with good estimates on the costs of team staff, travel, uniforms, care & wellness for players, etc... But when it comes to things like marketing & PR, shared facilities, legal fees, technology... it's not really possible to even semi-accurately guess how much of that is actually covered by the NBA and to what degree. Given all of that, if I had to guess, I'd say that the WNBA is somewhere in the vicinity of breakeven, but that given the intertwinement of certain expenses, if it were cut completely loose from the NBA, it would probably be in the red a bit. But not to the degree where it would have to fold. It's probably on an upward trajectory to where it'd be worth it to stay the course, perhaps with some adjustments. It's clearly an investment by the NBA, and deemed worth it for the long-term... I'm guessing it's something like for every five bucks the NBA spends on the WNBA, it increases the NBA's revenue by six bucks. IOW, "my muffler shop on its own costs me a bit more than it brings in, but it's existence sure helps my auto repair shop bring in more money." |
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#46 |
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Hall Of Famer
Join Date: Jun 2010
Posts: 3,692
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Chat GPT:
In terms of revenue, the WNBA was projected to generate between $180 million and $200 million in 2023, showing a positive trend from previous years. Despite these revenues, the league historically has not turned a profit, often operating at a loss of around $10 million annually (Sportskeeda) (Just Women's Sports). |
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#47 | |
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Arena, travel, administration, sales, marketing, etc. Salaries might be relatively low precisely because the other expenses take up so much of the revenue. Last edited by Le Grande Orange; 05-21-2024 at 10:26 PM. |
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#48 |
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Hall Of Famer
Join Date: Jun 2010
Posts: 3,692
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Arena rentals, travel, advertisitng.
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#49 |
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Join Date: Mar 2003
Location: Where the Action is
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I don't understand why there's such a fixation on the profitability of the WNBA anyway. Even minor men's leagues don't get that kind of treatment. What does it matter whether it is profitable?
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#50 |
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Hall Of Famer
Join Date: Jun 2010
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#51 |
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#52 |
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All Star Reserve
Join Date: Nov 2017
Posts: 846
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I have seen memes bemoaning the pay difference, but don't know that I have seen any individuals asking for it, at least ones who matter. Nation of 330 million people, I am sure someone, somewhere has demanded it.
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#53 |
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Join Date: Jun 2010
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#54 | |
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Hall Of Famer
Join Date: Jun 2006
Posts: 5,380
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(And not just this particular VP.)At any rate, the content of the linked article pretty much shreds the veep's argument (while also supporting the contention that the WNBA loses money). |
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#55 |
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Hall Of Famer
Join Date: Jun 2010
Posts: 3,692
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Well considering how old the current president is this VP matters more than normal I think.
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#56 | |
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Hall Of Famer
Join Date: Mar 2003
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And even then, Harris isn't suggesting "equal pay". |
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#57 |
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Hall Of Famer
Join Date: Jun 2006
Posts: 5,380
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True. She was calling for "fair" pay, which is certainly open to interpretation. And is a good answer to the question about why people are wondering in this thread about whether the WNBA turns a profit. A fair question might be, "what is fair pay for working in an entertainment profession for a business that may not be profitable?" (And I say this from the perspective that I hope Caitlin Clark leads to more recognition and popularity - and therefore earnings - for the whole WNBA. Her presence has reminded me that there are some really good players in the league, including some fun ones to root both for and against.)
And then there was an article elsewhere today (I think it was either by or quoting race-baiting clown Jamele Hill) discussing WNBA players' salaries - not touching on sexism but on alleged anti-black and anti-lgbt sentiment - complaining that most don't make as much as Caitlin and that's why Britney Griner was in Russia. No, that's not why Griner was in Russia. She signed a $1m endorsement deal with Nike upon being drafted in 2017, and then up to the time of her Russia arrest, she had made around $760k in WNBA earnings. She surely had other (probably lesser but not insignificant) endorsement deals. So without counting ANY of her earnings from Russia, she still had - to that point - a five-year run of total earnings that placed her well within the definition of a comfortable lifestyle. And then if you factor in her overseas earnings to that point (of her arrest), she had probably made - in that five-year stretch - well over $7 million. I don't at all begrudge her or any other athlete trying to earn as much as they can*. But make no mistake, she was in Russia NOT because WNBA salaries are so low and - as the article claimed - she had no other choice. (It's not like it was "earn money in Russia or it's food stamps to feed the family, and next month's rent is yet-to-be-found"). She was playing ball in Russia because she wanted even more money, and pro ball in Russia paid a lot more. It was a choice. (And there are other overseas women's basketball leagues; perhaps the Ruskies paid more, but she had other, probably safer, options to augment her income with offseason money.) *To be clear, if I can go to Russia in my business' offseason and make a cool & easy million, I'm going. I'll take the risk that I can fly under Vlad's radar. Just to be safe, though, I probably wouldn't bring any weed with me, just to lessen the chances of getting thrown in the clink
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#58 |
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Hall Of Famer
Join Date: Mar 2003
Location: Where the Action is
Posts: 2,045
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The WNBA is expanding to Toronto
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#59 |
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Hall Of Famer
Join Date: Jul 2015
Location: Parts unknown
Posts: 9,069
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I don't get all of this whining & crying every tie someone gets physical w/Clark.
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If a man is guilty 4 what goes on inside of his mind, then let me get the electric chair 4 all my future crimes. - Prince Batdance June 7, 1958 - Apr 21, 2016 Don't fall for the spin |
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#60 | |
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Hall Of Famer
Join Date: Dec 2002
Posts: 5,393
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Quote:
The clock was stopped, and she was ASSAULTED, and smashed to the ground. I know you're a huge basketball fan..and if you saw the video, and don't think that this was a Flagrant 1, then you're biased. Upgraded to a Flagrant 1, because it was 100% obvious. NAILED IT! Last edited by dsvitak; 06-02-2024 at 01:01 PM. |
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