For the second straight year the Golden State Valkyries top Sportico's annual WNBA franchise valuations.
Much like the Golden State Warriors in the NBA, the Valkyries are light-years ahead of the rest of their league in terms of valuation and monetization.
Sportico has Golden State at a whopping $850 million valuation after they posted a WNBA-record $78 million in revenue in their inaugural season -- thanks to a season-ticket base that topped 10,000 -- and sponsorships. Golden State cut off 2026 season-ticket sales at more than 12,000. In 2025 the Valkyries were valued at $500 million -- a tenfold increase on their then-record $50 million purchase price in 2023.
Rounding out the top five are the New York Liberty ($600 million), Indiana Fever ($560 million), Seattle Storm ($425 million) and Phoenix Mercury ($420 million).
The 13 WNBA franchises that played in 2025 are worth a combined $5.55 billion. The average of $427 million is up 59% over last year on top of a sports-team-record 180% gain the prior year. Toronto and Portland, which start play in 2026, were not included in the valuations.
The Atlanta Dream ($280 million) rank No. 13.
The Connecticut Sun were recently sold to the Fertitta family at a $300 million valuation, while the last three expansion franchises were awarded with a $250 million fee each.
The 13 clubs generated $407 million in revenue, or $31 million per club, during the 2025 season. National WNBA revenue will jump in 2026, with new TV deals worth $281 million a year on average.
Sportico's team values in other U.S. sports leagues show the average team in the NFL at $7.13 billion, NBA at $5.51 billion, F1 at $3.42 billion, MLB at $3.17 billion, NHL at $2.1 billion, global soccer at $1.91 billion, MLS at $767 million, and NWSL team at $184 million.