Menu
Franchises

Silver Stars One Of Three WNBA Teams Turning A Profit This Year

San Antonio Silver Stars owner Spurs Sports & Entertainment said that the team “has finally climbed out of the red -- one of only three WNBA franchises to finish the year with a moneymaking season,” according to W. Scott Bailey of the SAN ANTONIO BUSINESS JOURNAL. SS&E President of Business Operations Rick Pych said, “The success of the Silver Stars has everything to do with the product, which continues to get better and better. It’s through the product that we will see more growth in women’s basketball.” Pych said that SS&E officials "decided a few years ago to create some separation between the Spurs and Silver Stars." Pych: “It was hard to distinguish how much of the success of the Silver Stars was that team or the result of that leveraging of the Spurs. So we changed our approach to position the Silver Stars as an independent franchise. That was a big transition for us.” Silver Stars Dir of Business Operations Russell Warren added, “Now we operate as a stand-alone within a parent organization. It’s taken us a while to get there.” The franchise “sold the equivalent of nearly 2,100 season tickets this year, a 26 percent increase.” In addition, group sales “were up 22 percent.” The Connecticut Sun were also profitable this past season, and Sun VP & GM Chris Sienko said, “It can be done, it has been done and it will continue to be done if teams share best practices.” Lynx COO Conrad Smith, whose franchise also saw a profit last season, expects the list of profitable franchises to “grow in the coming seasons.” Warren said of WNBA President Laurel Richie, “She’s a great leader. She has the passion and the vision and that’s important. She will help grow the sport” (SAN ANTONIO BUSINESS JOURNAL, 12/9 issue).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2011/12/13/Franchises/Silver-Stars.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2011/12/13/Franchises/Silver-Stars.aspx

CLOSE