The Golden State Valkyries are the WNBA’s most valuable franchise for a second straight year, according to Sportico.

The team has a valuation of $850 million after setting a league record with $78 million in revenue during its inaugural season in 2025.

The New York Liberty rank a distant second at $600 million, followed by the Indiana Fever ($560M), Seattle Storm ($425M) and Phoenix Mercury ($420M). The Atlanta Dream ($280M) rank last among the 13 teams that played in 2025. The 2026 expansion teams in Toronto and Portland were not included.

The average value of those 13 teams was $427 million, up a whopping 59% over the previous year.

By comparison, Sportico’s average values in other leagues include the NFL at $7.13 billion, NBA at $5.51 billion, MLB at $3.17 billion, NHL at $2.1 billion, MLS at $767 million and NWSL at $184 million.

The Valkyries are leading the way thanks to a massive season-ticket base of more than 10,000 fans and sponsorships with United Airlines, Kaiser Permanente, AT&T and Chase, among others.

The Valkyries were valued at $500 million in 2025 — 10 times the original franchise purchase price of $50 million in 2023.

–Field Level Media