How Much Money Are NBA Teams Losing Without Fans?
After playing last season in the “bubble” in Orlando, the NBA is playing at home arenas this season. However, only six franchises are playing in front of fans: the Cleveland Cavaliers, Orlando Magic, Houston Rockets, Utah Jazz, New Orleans Pelicans and Toronto Raptors. And the Raptors are actually playing in Tampa, Florida, because the team isn’t able to travel to Canada.
Related: How Much Playing in the Bubble Cost Each NBA Team
So it’s no surprise that NBA teams are taking a big financial hit this season. The losses range from $224 million for the Grizzlies to an eye-popping $472 million for the Knicks.
GOBankingRates.com looked at each team’s yearly revenue and attendance and calculated what each franchise is losing without fans. Read on to see how big the losses are this season.
Last updated: Jan. 5, 2021
29. Memphis Grizzlies (tie)
Yearly Revenue: $224 million
Revenue per Home Game: $5.5 million
Yearly Gate Receipts: $20 million
Gate Receipts per Home Game: $487,000
Average Attendance: 15,587
Average Ticket Price: $30.76
Yearly Food and Merchandise Revenue: $204 million
Food and Merchandise Revenue per Home Game: $25.5 million
The Grizzlies had originally hoped to have fans in the stands but currently are not allowing any.
Find Out: The Richest NBA Team Owners
29. New Orleans Pelicans (tie)
Yearly Revenue: $224 million
Revenue per Home Game: $5.5 million
Yearly Gate Receipts: $33 million
Gate Receipts per Home Game: $804,900
Average Attendance: 16,505
Average Ticket Price: $48.77
Yearly Food and Merchandise Revenue: $191 million
Food and Merchandise Revenue per Home Game: $23.88 million
The Pelicans are only allowing 750 fans per game.
Fun Facts: How These 36 Athletes Spent Their First Big Paycheck
28. Minnesota Timberwolves
Yearly Revenue: $234 million
Revenue per Home Game: $5.7 million
Yearly Gate Receipts: $33 million
Gate Receipts per Home Game: $804,900
Average Attendance: 15,066
Average Ticket Price: $53.42
Yearly Food and Merchandise Revenue: $201 million
Food and Merchandise Revenue per Home Game: $25.1 million
The Timberwolves have yet to allow fans to attend.
Read: Lessons To Live By From These 13 Rags-to-Riches Athletes
27. Charlotte Hornets
Yearly Revenue: $240 million
Revenue per Home Game: $5.9 million
Yearly Gate Receipts: $28 million
Gate Receipts per Home Game: $682,900
Average Attendance: 15,438
Average Ticket Price: $44.24
Yearly Food and Merchandise Revenue: $212 million
Food and Merchandise Revenue per Home Game: $26.5 million
The Hornets are starting the season with no fans, but they’re hopeful that will change over the course of the season.
Find Out: Most Successful Athlete From Every Decade
26. Indiana Pacers
Yearly Revenue: $243 million
Revenue per Home Game: $5.9 million
Yearly Gate Receipts: $32 million
Gate Receipts per Home Game: $780,500
Average Attendance: 16,531
Average Ticket Price: $47.21
Yearly Food and Merchandise Revenue: $211 million
Food and Merchandise Revenue per Home Game: $26.4 million
The Pacers are not planning to allow fans for the near future.
Who’s Richer: These Sports Stars or Their Significant Others?
25. Orlando Magic
Yearly Revenue: $244 million
Revenue per Home Game: $6.0 million
Yearly Gate Receipts: $43 million
Gate Receipts per Home Game: $1,048,700
Average Attendance: 17,092
Average Ticket Price: $61.36
Yearly Food and Merchandise Revenue: $201 million
Food and Merchandise Revenue per Home Game: $25.2 million
The Magic are planning to allow approximately 4,000 fans per game.
Did You Know: The Richest Athletes in the World
24. Phoenix Suns
Yearly Revenue: $246 million
Revenue per Home Game: $6.0 million
Yearly Gate Receipts: $34 million
Gate Receipts per Home Game: $829,300
Average Attendance: 15,732
Average Ticket Price: $52.71
Yearly Food and Merchandise Revenue: $212 million
Food and Merchandise Revenue per Home Game: $25.5 million
Arizona’s virus numbers remain high, so the Suns have no plans currently to allow fans.
On the Big Screen: The 22 Highest-Grossing Movies Starring Athletes
23. Atlanta Hawks
Yearly Revenue: $251 million
Revenue per Home Game: $6.1 million
Yearly Gate Receipts: $32 million
Gate Receipts per Home Game: $780,500
Average Attendance: 16,042
Average Ticket Price: $48.65
Yearly Food and Merchandise Revenue: $219 million
Food and Merchandise Revenue per Home Game: $27.4 million
The Hawks are starting the season without fans in attendance but hope to welcome limited attendance starting Jan. 18.
Find Out: Pro Athletes Who Have Lost Millions of Dollars
22. Denver Nuggets
Yearly Revenue: $252 million
Revenue per Home Game: $6.1 million
Yearly Gate Receipts: $47 million
Gate Receipts per Home Game: $1,146,300
Average Attendance: 19,186
Average Ticket Price: $59.75
Yearly Food and Merchandise Revenue: $205 million
Food and Merchandise Revenue per Home Game: $25.6 million
The Nuggets have not welcomed fans to their home arena yet but continue to monitor the situation.
Read: Injuries Cost These 13 Athletes a Fortune
21. Detroit Pistons
Yearly Revenue: $255 million
Revenue per Home Game: $6.2 million
Yearly Gate Receipts: $47 million
Gate Receipts per Home Game: $1,146,300
Average Attendance: 15,438
Average Ticket Price: $74.25
Yearly Food and Merchandise Revenue: $208 million
Food and Merchandise Revenue per Home Game: $26.0 million
The Pistons have not allowed any fans into the arena.
See: Incredibly Rich Retired Athletes
19. Oklahoma City Thunder (tie)
Yearly Revenue: $258 million
Revenue per Home Game: $5.3 million
Yearly Gate Receipts: $63 million
Gate Receipts per Home Game: $1,536,600
Average Attendance: 18,203
Average Ticket Price: $84.41
Yearly Food and Merchandise Revenue: $195 million
Food and Merchandise Revenue per Home Game: $24.4 million
The Thunder are not currently allowing fans to attend but continue to assess the situation.
Looking Back: Fans Bought Up These Sports Jerseys To Make Them the Bestselling Ones of 2020
19. Utah Jazz (tie)
Yearly Revenue: $258 million
Revenue per Home Game: $6.3 million
Yearly Gate Receipts: $58 million
Gate Receipts per Home Game: $1,414,600
Average Attendance: 18,306
Average Ticket Price: $77.28
Yearly Food and Merchandise Revenue: $200 million
Food and Merchandise Revenue per Home Game: $25 million
The Jazz have allowed 1,932 fans per game this season — 1,500 in the lower bowl, plus limited suite capacity.
Learn More: Biggest Contract Busts in NBA History
18. Washington Wizards
Yearly revenue: $269 million
Revenue per home game: $6.6 million
Yearly gate receipts: $53 million
Gate receipts per home game: $1,292,700
Average attendance: 16,646
Average ticket price: $77.66
Yearly food and merchandise revenue: $216 million
Food and merchandise revenue per home game: $27 million
The Wizards have started the season with no fans in attendance.
Find Out: The Highest-Paid Player on Every NFL, MLB and NBA Team
17. Los Angeles Clippers
Yearly revenue: $282 million
Revenue per home game: $6.9 million
Yearly gate receipts: $64 million
Gate receipts per home game: $1,561,000
Average attendance: 19,068
Average ticket price: $81.86
Yearly food and merchandise revenue: $218 million
Food and merchandise revenue per home game: $27.3 million
With California under tight restrictions, the Clippers have no plans to welcome fans anytime soon.
Learn More: The NBA and 27 Major Companies Donating To Fight Inequality
16. Milwaukee Bucks
Yearly revenue: $283 million
Revenue per home game: $6.9 million
Yearly gate receipts: $65 million
Gate receipts per home game: $1,585,400
Average attendance: 17,710
Average ticket price: $89.52
Yearly food and merchandise revenue: $218 million
Food and merchandise revenue per home game: $27.3 million
In accordance with state and local health rules, the Bucks are not allowing fans yet.
Looking Back: Were These Athletes Worth the Huge Contracts in 2020?
15. San Antonio Spurs
Yearly revenue: $285 million
Revenue per home game: $7.0 million
Yearly gate receipts: $76 million
Gate receipts per home game: $1,853,700
Average attendance: 18,350
Average ticket price: $101.02
Yearly food and merchandise revenue: $209 million
Food and merchandise revenue per home game: $26.1 million
The Spurs are starting the season without any fans, for the foreseeable future.
Find Out: 24 Athletes Who Make Most of Their Money From Endorsements
14. Sacramento Kings
Yearly revenue: $286 million
Revenue per home game: $7.0 million
Yearly gate receipts: $60 million
Gate receipts per home game: $1,463,400
Average attendance: 16,795
Average ticket price: $87.13
Yearly food and merchandise revenue: $226 million
Food and merchandise revenue per home game: $28.2 million
The Kings will not have fans in attendance for the time being.
Did You Know: 25 Athletes Who Were Born Rich
13. Portland Trail Blazers
Yearly revenue: $287 million
Revenue per home game: $7.0 million
Yearly gate receipts: $67 million
Gate receipts per home game: $1,634,100
Average attendance: 19,633
Average ticket price: $83.23
Yearly food and merchandise revenue: $220 million
Food and merchandise revenue per home game: $27.5 million
The Blazers will continue to monitor the situation but are not allowing fans in the arena yet.
Looking Back: Biggest Sports Deals of 2020
12. Miami Heat
Yearly revenue: $294 million
Revenue per home game: $7.2 million
Yearly gate receipts: $70 million
Gate receipts per home game: $1,1,707,300
Average attendance: 19,680
Average ticket price: $86.75
Yearly food and merchandise revenue: $224 million
Food and merchandise revenue per home game: $28 million
The Heat are playing in an empty arena for now but continue to assess the situation.
Get in the Game: High-Paying Jobs for People Who Love Sports
10. Cleveland Cavaliers (tie)
Yearly revenue: $300 million
Revenue per home game: $7.3 million
Yearly gate receipts: $69 million
Gate receipts per home game: $1,682,900
Average attendance: 17,816
Average ticket price: $94.46
Yearly food and merchandise revenue: $231 million
Food and merchandise revenue per home game: $28.9 million
The Cavaliers are allowing 300 fans per game, so they recoup a bit of revenue but not much.
Did You Know: The 41 Highest-Paying Positions in Sports
10. Philadelphia 76ers (tie)
Yearly revenue: $300 million
Revenue per home game: $7.3 million
Yearly gate receipts: $71 million
Gate receipts per home game: $1,731,700
Average attendance: 20,628
Average ticket price: $83.95
Yearly food and merchandise revenue: $229 million
Food and merchandise revenue per home game: $28.6 million
The 76ers won’t have any fans in attendance for the foreseeable future.
College Hoops: Here’s What a March Madness Run Is Worth
9. Chicago Bulls
Yearly revenue: $301 million
Revenue per home game: $7.3 million
Yearly gate receipts: $61 million
Gate receipts per home game: $1,487,800
Average attendance: 18,804
Average ticket price: $79.12
Yearly food and merchandise revenue: $240 million
Food and merchandise revenue per home game: $30 million
The Bulls aren’t allowing fans but continue to work with state and local officials to determine when that will be possible.
More Sports: The Biggest Bargain on Every NFL Roster
7. Brooklyn Nets (tie)
Yearly revenue: $304 million
Revenue per home game: $7.4 million
Yearly gate receipts: $60 million
Gate receipts per home game: $1,463,400
Average attendance: 16,403
Average ticket price: $89.22
Yearly food and merchandise revenue: $244 million
Food and merchandise revenue per home game: $30.5 million
The Nets are following New York state protocols to determine when they will allow fans to attend.
Looking Back: Pro Sports Owners Who Took the Biggest Hits in 2020
7. Boston Celtics (tie)
Yearly revenue: $304 million
Revenue per home game: $7.4 million
Yearly gate receipts: $85 million
Gate receipts per home game: $2,073,200
Average attendance: 19,089
Average ticket price: $108.61
Yearly food and merchandise revenue: $219 million
Food and merchandise revenue per home game: $27.4 million
The Celtics have started the season with no fans in attendance.
Learn More: Biggest Sports Contracts Ever
6. Dallas Mavericks
Yearly revenue: $307 million
Revenue per home game: $7.5 million
Yearly gate receipts: $52 million
Gate receipts per home game: $1,268,300
Average attendance: 20,061
Average ticket price: $63.22
Yearly food and merchandise revenue: $255 million
Food and merchandise revenue per home game: $31.9 million
So far, the Mavericks are not allowing fans to attend.
Find Out: Athletes Who Made More Money From Endorsements Than Their Contracts in 2020
5. Toronto Raptors
Yearly revenue: $334 million
Revenue per home game: $8.1 million
Yearly gate receipts: $101 million
Gate receipts per home game: $2,463,400
Average attendance: 19,795
Average ticket price: $124.45
Yearly food and merchandise revenue: $233 million
Food and merchandise revenue per home game: $29.1 million
The Raptors, playing in the Tampa area because they are not allowed to cross the border into Canada, are allowing 3,624 fans per game.
More Sports: Here’s How Rich Every NFL Team Is
4. Houston Rockets
Yearly revenue: $348 million
Revenue per home game: $8.5 million
Yearly gate receipts: $97 million
Gate receipts per home game: $2,365,800
Average attendance: 18,076
Average ticket price: $130.88
Yearly food and merchandise revenue: $251 million
Food and merchandise revenue per home game: $31.4 million
The Rockets are allowing 3,156 fans per game.
Looking Back: Highest-Profile Athletes Who Didn’t Play or Compete in 2020
3. Los Angeles Lakers
Yearly revenue: $434 million
Revenue per home game: $10.6 million
Yearly gate receipts: $104 million
Gate receipts per home game: $2,536,600
Average attendance: 18,997
Average ticket price: $133.53
Yearly food and merchandise revenue: $330 million
Food and merchandise revenue per home game: $41.3 million
With strict measures in place in California, the Lakers have not allowed fans.
Read More: LeBron James and More of the Richest Athletes Younger Than 40
2. Golden State Warriors
Yearly revenue: $440 million
Revenue per home game: $10.7 million
Yearly gate receipts: $178 million
Gate receipts per home game: $4,341,500
Average attendance: 18,064
Average ticket price: $240.34
Yearly food and merchandise revenue: $262 million
Food and merchandise revenue per home game: $32.8 million
The Warriors have yet to play a full season in front of fans in their new arena, the Chase Center. They are not playing in front of fans yet this season.
Read: Steph Curry and 25 Athletes With Major Business Empires Outside of Sports
1. New York Knicks
Yearly revenue: $472 million
Revenue per home game: $11.5 million
Yearly gate receipts: $132 million
Gate receipts per home game: $3,219,500
Average attendance: 18,811
Average ticket price: $171.15
Yearly food and merchandise revenue: $340 million
Food and merchandise revenue per home game: $42.5 million
The Knicks are following New York protocols and have not allowed fans this season.
More From GOBankingRates
Are You Spending More Than the Average American on 25 Everyday Items?
Guns and 32 Other Things You Definitely Do NOT Need To Buy During the Coronavirus Pandemic
Methodology: For his piece, GOBankingRates looked at Forbes’ 2020 team evaluations for the National Basketball Association (NBA). Using these reports and attendance reports for the most recent completed season from ESPN, GOBankingRates found the following data points to measure the revenue each franchise will lose out on in one season without fan attendance: (1) yearly revenue, (2) revenue per home game, (3) yearly gate receipts, (4) gate receipts per home game, (5) average attendance, (6) average ticket price per home game, (7) yearly food and merchandise revenue, (8) food and merchandise revenue per home game. All data was collected on and up to date as of Dec. 17, 2020.
This article originally appeared on GOBankingRates.com: How Much Money Are NBA Teams Losing Without Fans?