Valkyries lead WNBA with $850M valuation

Field Level Media|published: Fri 1st May, 12:07 2026

WNBA: Playoffs-Minnesota Lynx at Golden State Valkyries

Sep 17, 2025; San Jose, California, USA; Golden State Valkyries head coach Natalie Nakase talks with guard Veronica Burton (22) in the fourth quarter against the Minnesota Lynx in game two of round one for the 2025 WNBA Playoffs at SAP Center. Mandatory Credit: David Gonzales-Imagn Images

The Golden State Valkyries are the WNBA's most valuable franchise for a second straight year, according to Sportico.

The team has a valuation of $850 million after setting a league record with $78 million in revenue during its inaugural season in 2025.

The New York Liberty rank a distant second at $600 million, followed by the Indiana Fever ($560M), Seattle Storm ($425M) and Phoenix Mercury ($420M). The Atlanta Dream ($280M) rank last among the 13 teams that played in 2025. The 2026 expansion teams in Toronto and Portland were not included.

The average value of those 13 teams was $427 million, up a whopping 59% over the previous year.

By comparison, Sportico's average values in other leagues include the NFL at $7.13 billion, NBA at $5.51 billion, MLB at $3.17 billion, NHL at $2.1 billion, MLS at $767 million and NWSL at $184 million.

The Valkyries are leading the way thanks to a massive season-ticket base of more than 10,000 fans and sponsorships with United Airlines, Kaiser Permanente, AT&T and Chase, among others.

The Valkyries were valued at $500 million in 2025 -- 10 times the original franchise purchase price of $50 million in 2023.

--Field Level Media

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