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Home WNBA

Caitlin Clark and Angel Reese impact worrying as WNBA’s huge financial losses revealed | NBA | Sport

October 19, 2024
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Caitlin Clark and Angel Reese impact worrying as WNBA’s huge financial losses revealed | NBA | Sport
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The impact of Caitlin Clark and Angel Reese on the WNBA has been significant, but there are concerns that it may not be enough to secure the league’s future.

Both Clark and Reese had impressive debut seasons in professional basketball, with the pair receiving all 67 votes for the Rookie of the Year award.

While Clark dominated the award with 66 out of 67 votes, Reese of the Chicago Sky also garnered attention and admiration for her play.

The arrival of Clark and Reese in the WNBA resulted in sold-out games, increased merchandise sales, and high TV viewership numbers.

Reports suggest that ESPN, the league’s broadcaster, experienced a 170% rise in viewership, and there were over 100 more sold-out games compared to the previous year.

Despite these improvements, the WNBA is still projected to face a £30 million ($40 million) loss for the 2024 season.

However, losses were initially anticipated to reach £40 million, so the impact of Clark, Reese, and the league’s growing popularity has helped mitigate the financial situation.

There is optimism for the future, as a lucrative £1.6 billion ($2.2 billion) media rights deal is set to be implemented for the 2026 season.

Despite the progress, the WNBA is not currently making a profit. The league is partially owned by the NBA, with concerns raised about the league’s financial stability.

Ensuring continued attractiveness of the league beyond the presence of Clark and Reese is a major challenge facing the WNBA.

ESPN analyst Stephen A. Smith highlighted a drop in viewership when either of the two star players is not on the court, emphasizing the importance of sustaining interest in the league.

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