NBA revenue - additional information
The teams of the NBA generated combined revenues of around 5.87 billion U.S. dollars in the 2015/16. This marks the highest figure to-date and is an increase of 690 million U.S. dollars on the figure from the previous season. The average revenue per franchise throughout the whole of the NBA was 195.53 million U.S. dollars in 2015/16, an increase compared to the average revenue in 2014/15, which stood at 172.67 million U.S. dollars.
The team which garnered the most individual revenue was the New York Knicks, who generated 376 million U.S. dollars in the 2015/16 season. The only other teams to create revenue of over 300 million U.S. dollars in the season were the Los Angeles lakers and the Golden state Warriors. The Knicks won two NBA championships in the 1970s, but have struggled to return to their former glory in recent years. In the 2012/13 season, the team won its first division title in 19 years but was eliminated in the second round by the Indiana Pacers.
Gate receipts made up 25.4 percent of the total revenue of the NBA in 2015/16, and teams also generated revenue though television deals with local broadcasters. The LA Lakers signed a deal in 2013/14 with local broadcasters including Time Warner Cable and Sportsnet which will see them earn 200 million U.S. dollars annually for the next 20 years. Miami Heat and Brooklyn Nets both have smaller deals which earn them 20 million U.S. dollars per year.