NBA: a record turnover of $10bn (€9.3bn) in 2021-22

For the first time ever the National Basketball Association has posted a turnover exceeding $10bn (€9.3bn, as of 31/05/2022) following the end of the 2021-22 season, an annual result up by more than 55% compared to 2020-21 ($6.4bn/€5.2bn as of 31/05/2021), according to American news agency Associated Press on 13/07/2022.

Revenues from basketball activities, those of the league's 30 franchises, reached a record $8.9bn (€8.2bn). $2bn (€1.85bn) of the revenue came from NBA media rights while $1.6bn (€1.48bn) was generated from sponsorship revenue.

"The numbers did surprise me to a certain degree because it exceeded projections, and the projections represent where we think our business is going. I think it's quite remarkable from where we came two and a half years ago," said Adam Silver, commissioner of the NBA, after the NBA's board of governors meeting on 12/07/2022.

• The NBA's turnover had fallen from $8.8bn (€7.9bn, as on 31/05/2019) in 2018-19 to $8.3bn (€7.4bn, on 31/05/2020) in 2019-20.
  
  • The North American league saw its revenues fall by nearly 30% (to $6.4bn, or €5.2bn) in…