WNBA Faces $50 Million Loss Despite Caitlin Clark's Impact
Increased attendance and viewership linked to rookie star Caitlin Clark are not enough to offset the league's financial struggles.
- The WNBA is projected to lose around $50 million for the 2024 season, continuing its history of financial losses.
- Caitlin Clark has significantly boosted game attendance and TV viewership, but her influence hasn't reversed the league's financial woes.
- Clark's games see a 105% increase in attendance and a substantial rise in TV ratings compared to other WNBA games.
- Despite her popularity, Clark was not selected for the US Women's Olympic Basketball team, a decision partly influenced by concerns over fan reactions to her limited playing time.
- The WNBA's financial viability remains heavily dependent on NBA subsidies and the upcoming media rights deal.