National Basketball Association (NBA) franchises is securing sponsorship deals for their kits and naming rights for their arenas. The Toronto Raptors signed an arena naming rights deal in 2018 which runs until 2038 and is worth 30 million U.S. dollars each year.
Aside from media revenues and ticketing revenues, one of the main sources of income for Value of arena naming rights deals of National Basketball Association (NBA) franchises as of December 2020 (in million U.S. dollars)
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Further Content: You might find this interesting as well
SportsPro. (December 21, 2020). Value of arena naming rights deals of National Basketball Association (NBA) franchises as of December 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 03, 2024, from https://www.statista.com/statistics/1224554/nba-arena-naming-rights-deals/
SportsPro. "Value of arena naming rights deals of National Basketball Association (NBA) franchises as of December 2020 (in million U.S. dollars)." Chart. December 21, 2020. Statista. Accessed May 03, 2024. https://www.statista.com/statistics/1224554/nba-arena-naming-rights-deals/
SportsPro. (2020). Value of arena naming rights deals of National Basketball Association (NBA) franchises as of December 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 03, 2024. https://www.statista.com/statistics/1224554/nba-arena-naming-rights-deals/
SportsPro. "Value of Arena Naming Rights Deals of National Basketball Association (Nba) Franchises as of December 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Dec 2020, https://www.statista.com/statistics/1224554/nba-arena-naming-rights-deals/
SportsPro, Value of arena naming rights deals of National Basketball Association (NBA) franchises as of December 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1224554/nba-arena-naming-rights-deals/ (last visited May 03, 2024)
Value of arena naming rights deals of National Basketball Association (NBA) franchises as of December 2020 (in million U.S. dollars) [Graph], SportsPro, December 21, 2020. [Online]. Available: https://www.statista.com/statistics/1224554/nba-arena-naming-rights-deals/