Question

In: Economics

1. How does demand for the WNBA today compare to demand for the NBA today? How...

1. How does demand for the WNBA today compare to demand for the NBA today? How does demand for the WNBA today compare to what we saw in the NBA after 20 years?

Solutions

Expert Solution

Answer) WNBA founded in 1996 has come a long way,in terms of popularity,rules clarity and viewership,however it has lot of catching up to do with NBA,consider this for example ,while NBA is being watched by somewhere 1.5-2 million people(average matches),for WNBA it is close to 0.5 million,revenue generated is huge for NBA,close to $7-8 billion while it is close $50 million for WNBA,to put simply demand for NBA is worldwide,it is huge and ranks amongst the top events in the world while WNBA while gaining popularity is not in same league as NBA in terms of demand,now coming to second part about 20 years from now,WNBA can close in on NBA 's demand because it has room for growth unlike NBA,as it gains traction more and more people will be viewing it bringing more revenues leading to even more viewership and competition meaning the level will further improve,this cycle could continue for years making it one of the most sought after league in the world,add to that changing society where in emerging countries too women are breaking the barriers to win medals and honours for their countries,this change could lead to a surge in players,talent scouts and viewers,so in conclusion while today demand for WNBA compared to NBA is not much but 20 years from now it could very well  be matching in terms of demand to NBA.

Answer is complete.Thank you!


Related Solutions

in the "AMERICA'S NOISY AND MESSY POLITICS" 1- How does Obama compare political partisanship today with...
in the "AMERICA'S NOISY AND MESSY POLITICS" 1- How does Obama compare political partisanship today with that pf the past? what you need?
How does democracy that represent the modern United States compare to today?
How does democracy that represent the modern United States compare to today?
How does the role of a medical specialist today compare to the role of a medical...
How does the role of a medical specialist today compare to the role of a medical specialist in the past? Include in your response both similarities and dissimilarities. Define patient navigator and describe the role of the medical assistant as a patient navigator.
How does ancient nursing compare to nursing today? Describe similarities and differences.
How does ancient nursing compare to nursing today? Describe similarities and differences.
How does the demand multiplier in the open economy compare with the one in the closed...
How does the demand multiplier in the open economy compare with the one in the closed economy (smaller, bigger or the same)? Explain briefly.
1) How does Employment Influence Housing Demand?
1) How does Employment Influence Housing Demand? 2) In what circumstances does Renting make more sense than owning? 3) What does Seller Financing do to the interest rate which a Buyer Pays? 4) Name two reasons why Properties are classified as "Distressed" Properties? 5) What is the benefit of Purchasing a Distressed Property?
1. How does an enzyme, such as amylase, break down polysaccharides? 2. How does this compare...
1. How does an enzyme, such as amylase, break down polysaccharides? 2. How does this compare to your mechanism by which saccharides break down in the stomach? Explain. A typed answer would be best! thanks so much!
1. How does the consumer choice work and how does it effect supply and demand. 2....
1. How does the consumer choice work and how does it effect supply and demand. 2. If the average product price is declining, how does that impact the production and cost? 3. Does perfect competition work? What is an example where it does not work?
1. Explain how the magnetosphere of Saturn works. How does it compare with Earth's? How is...
1. Explain how the magnetosphere of Saturn works. How does it compare with Earth's? How is it similar and different? Is it smaller or bigger and by how much? Use diagrams to help illustrate your explanations.
1) A) What is the AICPA and what do they do today B) How does the...
1) A) What is the AICPA and what do they do today B) How does the AICPA issue auditing standards (what committee and what is issued)? Auditing Standards Board of the AICPA (ASB) Statement on Auditing Standards (SAS) C) Who has to follow the AICPA Code of Professional Ethics? D) Who is ultimately served by the Code of Professional Ethics?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT