The Golden State Valkyries, the WNBA's newest franchise set to begin play in 2026, has been valued at nearly $1 billion by multiple valuation firms, making it the first women's professional sports team to reach that valuation milestone.
ReadingWomen's sports ownership has stopped being venture capital and started being institutional. The Valkyries will anchor a wave of secondary-market WNBA valuations upward by $150M–$300M each within 18 months.
WatchThe next six WNBA ownership groups will all demand Bay Area or equivalent metro positioning in their pitch decks. Existing franchises in mid-tier markets will hire consultants to explain to ownership why their valuations just stalled.