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Despite being the newest franchise in the WNBA, the Golden State Valkyries are the most valuable team in the league. According to a new report from Sportico, Golden State is No. 1 in team valuations at $500 million.
NEW @WNBA Team Valuations: The Golden State @valkyries are the first $500 million women’s team in pro sports, and every WNBA team value is up more than 100% over the past 12 months. The WNBA teams are collectively worth $3.5 billion.
The latest from @kbadenhausen :arrow_heading_down: https://t.co/XXLftYmfpQ pic.twitter.com/W2kFBGk4xG
— Sportico (@Sportico) June 24, 2025
League valuations across the league are up 180 percent, per the article. The New York Liberty ($420 million), Indiana Fever ($335 million), Las Vegas Aces ($290 million), and Seattle Storm ($285 million) round out the top five.
Last year, the Liberty topped the list at $400 million, with the Fever ($370 million), Storm ($330 million), Aces ($310 million), and Mercury ($300 million) rounding out the top five.
The Valkyries were awarded the bid for a new franchise after an investment team emerged, led by billionaires Joe Lacob and Peter Guber, and were backed by the Golden State Warriors dynasty. They reportedly bid $50 million for the new franchise.
While no team has been officially awarded yet in Cleveland, the investment group, led by owner of the Cleveland Cavaliers, Dan Gilbert, has reportedly made a bid at $250 million to bring a WNBA team back to Cleveland.
With league attendance and TV ratings up across the league, valuations across the WNBA should continue to increase as we head into 2026 when the league welcomes the Toronto Tempo and the unnamed Portland franchise as its 14th and 15th teams.
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