CNBC's Official WNBA Team Valuations 2026: The league has its first $1 billion team

The value of WNBA teams is escalating rapidly, as evidenced by the sharp increase in expansion fees and team purchases. CNBC calculates that the WNBA's current 15 teams are worth an average of $460 million, 84% more than the league's most recent expansion fee of $250 million, with average revenue for the 13 teams that participated in the 2025 season at $31 million. The Golden State Valkyries, which joined the league in 2025, lead the pack at a valuation of $1 billion. …