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The WNBA Board of Governors voted to grant expansion to three new franchises, with ownership groups committing unprecedented capital and valuations exceeding $200M per team.
ISABELLA'S ISLAY
· April 20, 2026
WNBA Approves Three Expansion Teams at $200M+ Valuations, Doubling League Footprint
Portland, Toronto, San Francisco enter at record franchise prices as women's sports premium compounds.
Source
MSN ↗
The takeaway
**$200M+** expansion fees quadruple prior WNBA valuations, funding CBA renegotiation and charter travel while signaling brands now price women's sports on growth, not goodwill.
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