Valkyries make history as first-ever women’s sports team to generate over $100 million in revenue
The Golden State Valkyries have set a new standard for successful women’s sports team ownership, grossing the $100 million revenue mark in just their second season of existence. Joe Lacob’s ownership group oversaw the rise of the Golden State Warriors into becoming the most valuable NBA franchise, valued at $14.
The Golden State Valkyries have established themselves as the most valuable women's sports team globally, achieving a historic milestone by generating over $100 million in revenue during their second season of operation. This accomplishment, revealed by an ABC news report, sets a new benchmark for women's sports team earnings, surpassing previous records.
The ownership group, led by Joe Lacob, who previously transformed the Golden State Warriors into the NBA's most valuable franchise, has consistently delivered exceptional results. The Valkyries' success is attributed to their sold-out home games at the Chase Centre arena, with additional potential earnings from hosting the WNBA Finals games.
As the team prepares to face the Atlanta Dream in the WNBA Finals, their ownership model and consistent revenue generation position them on a trajectory toward a potential billion-dollar valuation in the near future.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
