Joe Lacob-owned Golden State Valkyries projected to outshine Caitlin Clark's Indiana Fever in revenue with $55 million this year
On the hardcourt, the Golden State Valkyries have a lot of figuring out to do, starting their inaugural season with a 2-7 record. But when it comes to their growth as an organization, they’ve already scored a major victory.
According to Forbes writer Matt Craig, the Valkyries — owned by Joe Lacob and Peter Guber, who also lead the Golden State Warriors — are projected to outperform all other WNBA teams this season in a key financial metric.
"According to Forbes estimates, the team has locked in at least $20 million in sponsorship revenue this season and is projected to earn another $35 million from its 10,000 season-ticket holders and various premium ticket packages — figures that dwarf what any other WNBA team can generate," Craig wrote.
This projection suggests the Valkyries will outshine the Indiana Fever — now a formidable business force thanks to Caitlin Clark’s drawing power — in revenue for the 2025 season.
Craig also noted that, according to WNBA insiders, the Bay Area-based team could become the league’s most valuable franchise. That would put the Valkyries ahead of the New York Liberty, which topped Forbes’ 2025 list of most valuable WNBA teams with an estimated value of $400 million.
If the Valkyries maintain their financial momentum and make smart roster decisions, they could position themselves as a destination franchise for the league’s top stars.
Golden State Valkyries HC opens up on team's growing pains
In the meantime, Valkyries coach Natalie Nakase recognizes that growing pains are part of the process during their first WNBA season.
After Golden State absorbed a third straight loss to fall to 2-4 in the standings last Sunday, Nakase put the team’s struggles in perspective:
"Short-term pain for long-term results," she told reporters in the post-game media availability. "The pain, I want them to feel it because in that amount of pain...that’s the amount you gotta grow."
Four days later, the Valkyries dropped another game to the Phoenix Mercury. But if the team buys into Nakase’s vision, the losses of their debut season could serve as the foundation for long-term development.