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Message: [QUOTE="EricLA, post: 5343593, member: 26"] I'm not sure why some people insist the WNBA is not profitable for the owners. If that were the case, cities/investors would not be falling over themselves to put bids forward to try to get a franchise. These teams have already committed to join: [LIST] [*][B][URL='https://www.google.com/search?rlz=1C1UEAD_enUS1088US1088&cs=0&sca_esv=df6bb7b4e6fcd0a4&sxsrf=AE3TifOSUXRc78pu3JQGanDXlMoNNZOe3w%3A1759433848604&q=Golden+State+Valkyries&sa=X&ved=2ahUKEwj-pKjsoYaQAxXeTTABHf84ONwQxccNegQIEhAB&mstk=AUtExfD8pSUP8tHR7fSeWwuRCR3gExjUhCQJzaLSfhh3kYaCuX-2NlcZ_51KnR1ToMn3qJemv5-aSo5yyBpSYhfCYElunNeC_Yb3Tg2Yi-MgRL2xTMmA8w0DPyrCVlF5hv2JIM_-7ehVFGcbWV0Jn6KihIGXG4g4j8qE7GJSI1FtC6zq2fI&csui=3']Golden State Valkyries[/URL]:[/B] Began play in 2025. [*][B][URL='https://www.google.com/search?rlz=1C1UEAD_enUS1088US1088&cs=0&sca_esv=df6bb7b4e6fcd0a4&sxsrf=AE3TifOSUXRc78pu3JQGanDXlMoNNZOe3w%3A1759433848604&q=Toronto+Tempo&sa=X&ved=2ahUKEwj-pKjsoYaQAxXeTTABHf84ONwQxccNegQIExAB&mstk=AUtExfD8pSUP8tHR7fSeWwuRCR3gExjUhCQJzaLSfhh3kYaCuX-2NlcZ_51KnR1ToMn3qJemv5-aSo5yyBpSYhfCYElunNeC_Yb3Tg2Yi-MgRL2xTMmA8w0DPyrCVlF5hv2JIM_-7ehVFGcbWV0Jn6KihIGXG4g4j8qE7GJSI1FtC6zq2fI&csui=3']Toronto Tempo[/URL]:[/B] Scheduled to start play in 2026. [*][B][URL='https://www.google.com/search?rlz=1C1UEAD_enUS1088US1088&cs=0&sca_esv=df6bb7b4e6fcd0a4&sxsrf=AE3TifOSUXRc78pu3JQGanDXlMoNNZOe3w%3A1759433848604&q=Portland+Fire&sa=X&ved=2ahUKEwj-pKjsoYaQAxXeTTABHf84ONwQxccNegQIFBAB&mstk=AUtExfD8pSUP8tHR7fSeWwuRCR3gExjUhCQJzaLSfhh3kYaCuX-2NlcZ_51KnR1ToMn3qJemv5-aSo5yyBpSYhfCYElunNeC_Yb3Tg2Yi-MgRL2xTMmA8w0DPyrCVlF5hv2JIM_-7ehVFGcbWV0Jn6KihIGXG4g4j8qE7GJSI1FtC6zq2fI&csui=3']Portland Fire[/URL]:[/B] Set to join the league in 2026. [*][B][URL='https://www.google.com/search?rlz=1C1UEAD_enUS1088US1088&cs=0&sca_esv=df6bb7b4e6fcd0a4&sxsrf=AE3TifOSUXRc78pu3JQGanDXlMoNNZOe3w%3A1759433848604&q=Cleveland&sa=X&ved=2ahUKEwj-pKjsoYaQAxXeTTABHf84ONwQxccNegQIHxAB&mstk=AUtExfD8pSUP8tHR7fSeWwuRCR3gExjUhCQJzaLSfhh3kYaCuX-2NlcZ_51KnR1ToMn3qJemv5-aSo5yyBpSYhfCYElunNeC_Yb3Tg2Yi-MgRL2xTMmA8w0DPyrCVlF5hv2JIM_-7ehVFGcbWV0Jn6KihIGXG4g4j8qE7GJSI1FtC6zq2fI&csui=3']Cleveland[/URL]:[/B] Will begin play in 2028. [*][B][URL='https://www.google.com/search?rlz=1C1UEAD_enUS1088US1088&cs=0&sca_esv=df6bb7b4e6fcd0a4&sxsrf=AE3TifOSUXRc78pu3JQGanDXlMoNNZOe3w%3A1759433848604&q=Detroit&sa=X&ved=2ahUKEwj-pKjsoYaQAxXeTTABHf84ONwQxccNegQIFRAB&mstk=AUtExfD8pSUP8tHR7fSeWwuRCR3gExjUhCQJzaLSfhh3kYaCuX-2NlcZ_51KnR1ToMn3qJemv5-aSo5yyBpSYhfCYElunNeC_Yb3Tg2Yi-MgRL2xTMmA8w0DPyrCVlF5hv2JIM_-7ehVFGcbWV0Jn6KihIGXG4g4j8qE7GJSI1FtC6zq2fI&csui=3']Detroit[/URL]:[/B] Expected to join the WNBA in 2029. [*][B][URL='https://www.google.com/search?rlz=1C1UEAD_enUS1088US1088&cs=0&sca_esv=df6bb7b4e6fcd0a4&sxsrf=AE3TifOSUXRc78pu3JQGanDXlMoNNZOe3w%3A1759433848604&q=Philadelphia&sa=X&ved=2ahUKEwj-pKjsoYaQAxXeTTABHf84ONwQxccNegQIFhAB&mstk=AUtExfD8pSUP8tHR7fSeWwuRCR3gExjUhCQJzaLSfhh3kYaCuX-2NlcZ_51KnR1ToMn3qJemv5-aSo5yyBpSYhfCYElunNeC_Yb3Tg2Yi-MgRL2xTMmA8w0DPyrCVlF5hv2JIM_-7ehVFGcbWV0Jn6KihIGXG4g4j8qE7GJSI1FtC6zq2fI&csui=3']Philadelphia[/URL]:[/B] Scheduled to tip off in 2030. [/LIST] On the waiting list is still Boston: [LIST] [*]Nashville, Tennessee: A Nashville group, backed by former WNBA player Candace Parker, NFL Hall of Fame quarterback Peyton Manning and Nashville Predators owner Bill Haslam. It wants to name the team the Nashville Summitt in honor of late University of Tennessee women's basketball coach Pat Summitt. [*]Houston: Houston Rockets owner Tilman Fertitta is leading the bid for of the league's original cities. "It's time to bring the WNBA back to Houston," Fertitta told the Houston Chronicle in January. Fertitta has submitted a formal bid. [*]Milwaukee: The Bucks' ownership group had expressed interest in putting in a bid for an expansion WNBA team in October 2024 but did not submit an official bid before the deadline for the 16th team. [*]Kansas City: Patrick Mahomes is part of an ownership group that has expressed interest in recruiting an expansion team to Kansas City. “We want to get basketball to Kansas City in general, and then WNBA and the success that they’ve had these last few seasons, it’s kind of a no-brainer,” Mahomes said in November 2024. [*]St. Louis: Boston Celtics star Jayson Tatum is reportedly part of an ownership group trying to lure the WNBA to Tatum's hometown. [*]Austin, Texas: A group backed by Kevin Durant was considering a bid for a WNBA franchise last year, according to a Sports Business Journal report. [/LIST] So in conclusion - 1 new team this past year. 5 more to be added between next season and 2030. 7 cities currently waiting for the next round of expansions, and most of them already have investors in place. BUT... "No... the WNBA is not profitable". Ever heard of non-cash expenses/deductions? Not trying to do a Tax Class but... For businesses, non-cash expenses can be significant. The most common types include: [LIST] [*][B]Depreciation:[/B]This deduction accounts for the wear and tear or obsolescence of tangible assets, such as vehicles, equipment, and buildings. [LIST] [*][B]Bonus depreciation:[/B] For 2025, businesses can deduct 40% of the cost of eligible assets in the first year they are put into service. This is scheduled to phase out completely in 2027. [*][B]Section 179 deduction:[/B] This allows businesses to expense the full purchase price of qualifying equipment or software up to a certain limit in the year of purchase. [/LIST] [*][B]Amortization:[/B] This is the equivalent of depreciation for intangible assets, such as patents, copyrights, trademarks, and goodwill. These costs are typically deducted over a 15-year period. [*][B]Depletion:[/B] This applies to the use of natural resources, such as timber, oil, and minerals, as they are extracted from the earth. [*][B]Charitable contributions:[/B] Businesses can donate inventory or other non-cash assets to a qualified charity and potentially deduct the fair market value of the property. [*][B]Bad debt expense:[/B] Under the accrual method of accounting, companies can recognize the expense for customer debts they believe will not be paid. [*][B]Stock-based compensation:[/B] The cost of stock options or other equity given to employees is a non-cash expense that can be deducted. [/LIST] So... ya think any of these WNBA teams have taken advantage of this to make the bottom line lower, and pay less taxes????? 😱 [/QUOTE]

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