The WNBA is experiencing an unprecedented boom, and with it, franchise valuations are soaring to new heights. For the second consecutive year, Sportico has released its list of the most valuable women's basketball teams, and the same powerhouse franchise leads the pack once again.

After years of financial struggles, the WNBA has undergone a remarkable transformation. The women's basketball revolution has opened up significant profit opportunities, leading to three new expansion teams in just two years and the sale of a major franchise in 2026—with even more teams on the horizon. The average franchise valuation now stands at an impressive $427 million, a staggering 59% increase from just one year ago.

Leading the charge is the Golden State Valkyries, who topped the list for the second year in a row. After a successful debut season that included a playoff berth and league-leading ticket sales, the Valkyries have cemented their status as the WNBA's most valuable franchise. Their combination of on-court success and fan engagement has set a new standard for the league.

However, not every team made the cut. The Toronto Tempo and Portland Fire, both making their debuts in 2026, were excluded from this year's valuations. Meanwhile, some of the league's lower-valued teams—such as the Atlanta Dream, Washington Mystics, and the recently sold Connecticut Sun (which will relocate to Houston and rebrand after this season)—highlight the growing disparity in franchise values. The Sun's move suggests that lower valuations may be driving teams to seek larger markets and bigger fan bases.

As the 2026 WNBA season approaches, the league's financial trajectory is clear: the takeoff has begun, and profits are finally rolling in for owners. For fans and investors alike, the future of women's basketball has never looked brighter.