From The San Francisco Standard · · 1m 20s
Valkyries aim for $2 billion valuation
Golden State Valkyries could hit $2 billion valuation with 25% annual revenue growth.
In brief
Golden State Valkyries could hit $2 billion valuation with 25% annual revenue growth. The Golden State Valkyries may reach $2 billion valuation by 2031 if revenue grows 15% annually. Originally reported by The San Francisco Standard.
Valkyries' 2025 success
The Golden State Valkyries sold out all 22 home games in their inaugural 2025 season.
Record revenue and attendance
The franchise raked in $78 million revenue and set the WNBA’s single-season attendance record.
Initial valuation
Sportico valued the Valkyries at $850 million in May, while CNBC listed them as the first women’s pro sports team with a $1 billion valuation.
Owner's perspective
Owner Joe Lacob said the $850 million valuation might be low compared to the team’s potential.
“That might be low, to be honest”
Current financial status
The Valkyries generated over $100 million in annual revenue and could reach $130 million with a Finals run.
Valuation multiples
CNBC’s $1 billion valuation is 12.8 times the $78 million 2025 revenue, while Sportico’s $850 million is 11 times revenue.
Path to $2 billion
To reach $2 billion, the Valkyries need $156 million annual revenue at CNBC’s multiple or $182 million at Sportico’s.
Revenue growth timeline
At 25% annual growth, the team would hit $2 billion by 2029; at 15%, it would take until 2031.
What to remember
The Golden State Valkyries may reach $2 billion valuation by 2031 if revenue grows 15% annually.


