Women's teams are big business, with global sports business conference SPOBIS International reporting this week that average WNBA franchise valuations rose to $90 million in 2024, while NWSL clubs weighed in at $104 million — doubling their 2023 mark.
In May, the reigning WNBA champion New York Liberty sold shares at a $450 million valuation, qualifying them as the world's most valuable women's sports team.
SPOBIS's top five includes the WSL's Chelsea FC ($326 million) alongside NWSL side Angel City FC ($250 million), the WNBA's Dallas Wings ($208 million), the Kansas City Current ($182 million), and the Las Vegas Aces ($140 million).
US women's sports teams hold a key advantage in the race to the top of the valuations table, with WNBA and NWSL squads able operate independently from men's systems.
Having separated from their men's side last year, Chelsea FC was the only non-US team to make the list, bolstered by Reddit co-founder Alexis Ohanian's $26.6 million purchase of a 10% stake in the 2024/25 WSL champs last month.
Other European teams in line for similar value boosts include OL Lyonnes and the London City Lionesses, both independently owned and operated by Washington Spirit owner Michele Kang.
With many factors contributing to a team's overall value — namely capital, media deals, viewership, ownership structures, and popularity — it's tough to predict the next big thing in women's sports, but these numbers point to a red-hot market across major pro leagues.
The Golden State Valkyries are flying high, following up last weekend's blowout win over the Las Vegas Aces with an 89-81 overtime victory against the LA Sparks on Monday, pushing the 2025 expansion side to an early season record of 4-5.
Five Valkyries scored in the double digits on Monday night, with forward Janelle Salaün's team-leading 21 points contributing to the team's 11-3 overtime advantage.
The first-ever WNBA team to average more than 18,000 fans through their first three home games, Golden State has already made an outsized mark on league culture — but the Valks' on-court product is also trending ahead of schedule.
"We could tell in both the third and fourth quarter, they had each others back," head coach Natalie Nakase said after the win. "That's what we’re trying to do. We got to continue to rely on each other and hold each other accountable, so that was really cool to see."
Monday's results boosted Golden State to eighth place in the WNBA standings, while a skidding 10th-place Los Angeles side struggles to find their form.
Sparks guard Kelsey Plum, who led LA with 24 points on Monday night, expressed her frustration with the game's officials, saying "I'm going to get fined for saying this… they're fouling the s—t out of me every single play."
How to watch upcoming WNBA games
While Golden State doesn't return to the court until Saturday, the Valkyries' last two victims — the Las Vegas Aces and Los Angeles Sparks — will square off at 10 PM ET on Wednesday, with live coverage airing on CBS Sports.
WNBA action posed as many questions as answers last weekend, as perennial contenders like the Las Vegas Aces reckon with new challenges while rosters continue to gel.
The 2023 champions suffered a surprise 95-68 blowout loss to expansion side Golden State on Saturday, with the Valkyries stifling Las Vegas's star-studded offense.
Only two starting Aces cracked double-digit scoring: Reigning MVP A'ja Wilson and Chelsea Gray put up 17 and 16 points, respectively, though 2025 second-round draftee Aaliyah Nye impressed off the bench by adding 13 of her own.
Golden State, on the other hand, had a banner afternoon with three double-doubles among the Valkyries' five double-digit performers, led by forward Kayla Thornton's 22-point, 11-rebound outing.
"They outplayed us in every aspect of the game," said Aces head coach Becky Hammon after the loss. "Just really one of the worst games I've seen from us."
Gap widens between 2024 finalists and rest of the WNBA
Currently in fifth place in the WNBA standings, Las Vegas isn't the only team still searching for an identity in the 2025 season, as a clear divide is widening at the top of the league.
The still-undefeated 2024 WNBA finalists — the Minnesota Lynx and reigning champion New York Liberty — lead the pack by a growing margin, as the third-place Atlanta Dream sit a full three games behind the league leaders less than four weeks into the 2025 season.
Along with Las Vegas, the Phoenix Mercury, Seattle Storm, and Indiana Fever are all hanging tough with records at .500 or higher, though none are riding more than a two-game winning streak.
Despite setting a franchise attendance record of 19,496 fans at Chicago's famed United Center on Saturday, the Sky fell to an injury-laden Fever squad 79-52 to remain in 11th place in the standings.
Also struggling at the bottom of the table are the Connecticut Sun and Dallas Wings. Along with the Sky, the WNBA weekend action has the trailing trio sitting multiple games below the 2025 playoff line.
How to watch Monday's WNBA action
Hoping to harness the momentum of their massive Saturday win, Golden State will travel to LA to take on the Sparks at 10 PM ET on Monday.
The game will stream live on WNBA League Pass.
South Carolina head coach Dawn Staley will be taking her talents to CBS Sports, with the network announcing Wednesday that the basketball legend will headline a new WNBA pregame show premiering this weekend.
Hosted by sports reporter Sarah Kustok, WNBA Tip Off will feature both the decorated South Carolina boss and fellow former WNBA star Renee Montgomery as analysts.
In addition to her lengthy playing and coaching resume, Staley will bring specific insight into particular athletes during these broadcasts, with nine of the icon's former players — from reigning three-time MVP A'ja Wilson to 2023 Rookie of the Year Aliyah Boston — competing in the WNBA this season.
Staley's involvement also spotlights CBS's commitment to live WNBA broadcasts, with the network scheduling WNBA Tip Off slots for four of the network's eight regular-season league games.
WNBA Tip Off will debut at 7:30 PM ET this Saturday, serving as the lead-in to the Sky's primetime matchup against regional rival Indiana Fever — the first WNBA game ever set inside Chicago's United Center and the first-ever primetime WNBA regular-season game on broadcast television.
The other three games featuring Staley and her new CBS pre-game crew will be the July 12th clash between 2025 expansion side Golden State Valkyries and the Las Vegas Aces, a second Fever vs. Sky matchup on August 9th, and a 2024 WNBA Finals rematch between the reigning champion New York Liberty and runners-up Minnesota Lynx on August 16th.
Friday's WNBA action promises to bring the heat, delivering a major homecoming for new LA star Kelsey Plum as well as strategic veteran moves and rookies looking to right the ship while newly revamped teams continue to gel.
In the wake of significant offseason movement, the 2025 WNBA season is all about striking a balance between developing young talent and leveraging seasoned stars as former franchise players take on very familiar opponents.
Veteran-heavy teams will shoot to manage workloads this weekend, as powerhouse squads juggle shifting lineups while those that trailed last year fight to rise up the WNBA standings.
Highlighting the Friday night slate are a trio of games, all airing on ION:
- No. 1 New York Liberty (5-0) vs. No. 7 Washington Mystics (3-3), 7:30 PM ET: The reigning champion Liberty managed to eke out an 82-77 win over 2025 expansion side Golden State without injured stars Jonquel Jones and Nyara Sabally on Thursday — but can they hold off a Mystics team punching above their weight behind standout rookie duo Sonia Citron and Kiki Iriafen?
- No. 10 Los Angeles Sparks (2-4) vs. No. 6 Las Vegas Aces (2-2), 10 PM ET: Sparks guard Kelsey Plum will face her former teammates for the first time on Friday, taking on a Las Vegas side searching for redemption after Seattle spoiled Aces guard Jewell Loyd's own homecoming in last weekend's WNBA action.
- No. 2 Minnesota Lynx (5-0) vs. No. 3 Phoenix Mercury (4-1), 10 PM ET: Two of the league's top performers will hit the court in Arizona, as perennial MVP candidates Napheesa Collier and Alyssa Thomas go head-to-head for the first time in 2025.
A few teams have already faced adversity this year, but even more have settled into the grind as the longest-ever WNBA season rolls into June.
WNBA legend Candace Parker is gearing up for a busy summer, as two of her former franchises — the Chicago Sky and LA Sparks — recently announced plans to retire her No. 3 jersey this year.
The Chicago Sky announced on Wednesday that they will raise Parker's jersey in the Wintrust Arena rafters in an August 25th ceremony, honoring the Chicagoland product who helped them win their first-ever WNBA championship in 2021.
"I never imagined one day my jersey would hang in the rafters of my hometown team," said Parker in a statement. "Coming home to Chicago and helping bring the city its first WNBA championship here — it was personal. I'm beyond grateful to the city, the fans, and everyone who's been part of my journey. Chicago raised me, and this will always be home."
Also in on the action is Los Angeles, where Parker spent a 13-year stint that including earning her first league title in 2016. The Sparks previously stated in late March that they would retire Parker's jersey in a June 29th celebration — during LA's game against the Sky.
The Chicago ceremony also coincides with a game against another of Parker's squads: The Sky will face the Las Vegas Aces — the final team Parker led to a WNBA championship in 2023.
Parker is the first Chicago player to have her jersey number retired, as well as the Sparks' third behind Lisa Leslie and Penny Toler.
"Candace is the best all-around player that has ever played in the WNBA," said Sparks co-owner and NBA legend Magic Johnson.
With an impact that still radiates throughout the WNBA, fans and former teammates alike are jumping at the chance to pay their respects to Parker this summer.
Las Vegas Aces star forward A'ja Wilson is teaming up with Nike and Danish toymaker LEGO as part of the two brands' new multi-year collaboration, the apparel giant announced on Thursday morning.
According to the release, the partnership aims to "inspire kids everywhere to play both on and off the court."
Nike and LEGO's collaboration will include experiential activations in the US, UK, and China this summer in conjunction with the United Nations' International Day of Play on June 11th.
The companies are also releasing product collections, beginning with the 1,180-piece LEGO Nike Dunk set, which features an iconic Nike Dunk sneaker, a brick basketball, and the "Dunk" slogan.
Three-time WNBA MVP Wilson will support the project "by helping engage kids through a reimagined world of play that will come to life across digital channels," with more information on her involvement to come.
Fresh off the launch her smash-hit A'One signature shoe, Wilson has become one of Nike's most prominent athletes. Her addition to the Nike x LEGO team comes on the heels of a lucrative six-year contract extension between Wilson and the sportswear brand late last year.
"I have loved playing with LEGO bricks since I was a kid and know that my creativity and play helped me not only in sports but also at school and in life," said Wilson.
How to buy drops from the Nike x LEGO collection
The LEGO Nike Dunk set will hit shelves on July 1st, though it's currently available to preorder online.
The first Nike footwear, apparel, and accessories products from the collaboration will drop in the brand's retail locations and online on August 1st.
The WNBA is dominating the air waves in its 2025 season, with last weekend's slate of games blowing past yet another TV viewership record.
The New York Liberty's 90-88 win over the Indiana Fever averaged 2.22 million viewers on CBS, with the Saturday showdown marking the second-highest WNBA viewership in network history.
That clash follows a record-setting 2025 season tip-off, in which ABC's May 17th doubleheader became the most-watched WNBA opening weekend ever on ESPN's platforms, earning a 115% viewership increase over last year's regular-season coverage.
Notably, both New York and Indiana contributed to that record-setting initial Saturday slate. A 92-78 Liberty win over the Las Vegas Aces averaged 1.3 million viewers, before the Fever's 93-58 defeat of the Chicago Sky claimed an average audience of 2.7 million fans.
The closing matchup between Indiana and Chicago made even more history, peaking at 3.1 million viewers to become the most-watched regular-season WNBA game in 25 years.
The Midwest rivals also tallied the second-largest audience in league history, surpassed only by the 2024 WNBA All-Star Game's 3.44 million viewers.
With Fever star Caitlin Clark set to miss at least four games with a quad strain, concerns over lags in attendance and viewership have started to crop up this week.
Those fears, however, might be overblown, as 11,183 fans packed Baltimore's CFG Bank Arena to watch the Washington Mystics take on the Fever on Wednesday night — while Clark looked on from the bench.
The Seattle Storm made a statement on Sunday, earning an unexpected 20-point blowout win over 2022 and 2023 WNBA champions Las Vegas.
"The effort wasn't there, the discipline wasn't there," Aces head coach Becky Hammon said of her team's struggles on defense during the 102-82 loss. "We're breaking our own rules."
Led by 23 points from forward Nneka Ogwumike and another 21 points off the bench from guard Erica Wheeler, five Storm players posted double-digit performances. Meanwhile, 2025 No. 2 overall pick Dominique Malonga put up an encouraging eight points and five rebounds in her 12 minutes of play.
The big Seattle win spoiled a homecoming of sorts for new Las Vegas guard Jewell Loyd, who requested a trade that saw her exit the Storm after a decade in the Emerald City this offseason. The three-team deal also sent former Aces guard Kelsey Plum to the LA Sparks.
"Honestly, I wanted to win for Jewell and everyone else that came out and supported us, but it's a part of the game," said 2024 MVP A'ja Wilson.
With the win, the Storm jump to fourth in the early WNBA season with a 3-1 record, while Las Vegas falls to eighth at 2-2 — the Aces' slowest start since 2021.
While the Storm is brewing, last year's finalists Minnesota and New York are still the gold standard, with the Lynx and the Liberty now the only two undefeated teams left standing in 2025 play.
New York held off an upstart Fever team 90-88 on Saturday, with new addition Natasha Cloud sealing the Liberty win with a block on Indiana star Caitlin Clark — who was later announced to be missing the next two weeks with a quad strain.
How to watch Tuesday's WNBA action
WNBA play resumes on Tuesday night, with 10 of the league's 13 teams in action.
Tipping the night off at 7 PM ET are New York, who'll host 2025 expansion side Golden State, as well as the Dallas Wings vs. the Connecticut Sun — two teams still hunting their first 2025 season win.
As for Seattle, they'll have to contend with Minnesota in a road clash with the Lynx at 8 PM ET.
All five Tuesday night games will stream live on WNBA League Pass.
The 2025 WNBA season is finally here, with Friday's official tip-off leading an opening weekend full of tough competition and simmering storylines.
The reigning champion New York Liberty enter as odds-on favorites, but results are nearly impossible to predict after a very active offseason across the league.
This weekend's slate features new builds, regional rivalries, and plenty of fresh faces as top 2025 draft picks log their first pro minutes.
- Minnesota Lynx vs. Dallas Wings, Friday at 7:30 PM ET (ION): This year's No. 1 draft pick Paige Bueckers makes her official WNBA debut as revamped Dallas tests itself against a Minnesota team still stinging over last year's title loss.
- Los Angeles Sparks vs. Golden State Valkyries, Friday at 10 PM ET (ION): The Valkyries play their first-ever regular-season game, looking to form an identity against downstate rivals LA, led by new Sparks addition Kelsey Plum.
- Las Vegas Aces vs. New York Liberty, Saturday at 1 PM ET (ABC): The 2023 champs meet the 2024 title-winners in a heavyweight clash that sees 2024 MVP A'ja Wilson take on a confident New York team led by guard Sabrina Ionescu.
- Chicago Sky vs. Indiana Fever, Saturday at 3 PM ET (ABC): Last year's rookie headliners Caitlin Clark and Angel Reese meet again in Indiana, with the regional rivals relying on both incoming vets and young cores to write their next chapters.
Packed with great matchups, this weekend is the ideal tip-off for a 2025 season that promises to be a wild ride — no matter which WNBA team you follow.