Women’s sports are having a major moment, and these valuations show just how much the landscape has changed in a short time. From the WNBA to global soccer giants, these teams listed by Forbes are leading the way in growth, visibility, and business impact.

1. New York Liberty – $400M1. New York Liberty – $400MNew York Liberty guard Natasha Cloud (9) gestures after scoring in the first quarter against the Washington Mystics at Barclays Center. Credit: Wendell Cruz-Imagn Images

The Liberty sit at the top thanks to their location in the New York market and a star-powered roster that drives national attention. Strong ownership investment, modern facilities, and consistent playoff relevance have elevated the franchise’s brand. Corporate partnerships and media exposure continue to push their valuation higher as the WNBA’s popularity surges.

2. Indiana Fever – $370M2. Indiana Fever – $370MIndiana Fever guard Caitlin Clark dribbles the ball against Las Vegas Aces center A’ja Wilson. Credit: Lucas Peltier-Imagn Images

Indiana’s value has exploded due to unprecedented fan interest and record-breaking attendance. A new generation of stars has turned the Fever into a national draw, boosting merchandise sales and TV ratings. The franchise benefits from a passionate Midwest fan base and renewed relevance across the league.

3. Seattle Storm – $330M3. Seattle Storm – $330MSeattle Storm forward Nneka Ogwumike (3) is pictured during a game against the Chicago Sky at Climate Pledge Arena. Credit: Stephen Brashear-Imagn Images

The Storm have long been one of the WNBA’s gold standards, combining championships with sustained fan loyalty. Their winning culture and recognizable stars make them a reliable media and sponsorship partner. Strong community ties and consistent on-court success keep Seattle among the league’s most valuable teams.

4. Las Vegas Aces – $310M4. Las Vegas Aces – $310MLas Vegas Aces center A’ja Wilson celebrates with teammates after game four of the 2025 WNBA Finals. Credit: Joe Camporeale-Imagn Images

Las Vegas thrives on elite performance and star appeal, with recent championships strengthening its global brand. The city’s entertainment-driven market and tourism exposure give the Aces unique visibility. Ownership investment and a cutting-edge game-day experience further enhance their financial value.

5. Phoenix Mercury – $300M5. Phoenix Mercury – $300MPhoenix Mercury forward Satou Sabally (0) dribbles the ball against the Las Vegas Aces during the second quarter of game two of the 2025 WNBA Finals at Michelob Ultra Arena. Credit: Lucas Peltier-Imagn Images

The Mercury benefit from a storied history and iconic players who helped shape the WNBA’s identity. Their loyal fan base and recognizable brand keep them commercially relevant even through roster changes. Phoenix remains a cornerstone franchise with strong legacy-driven value.

6. Angel City FC – $280M6. Angel City FC – $280MAngel City FC forward Christen Press (23) calls for the ball against Chicago Stars during the second half of a match at SeatGeek Stadium. Credit: Melissa Tamez-Imagn Images

Angel City FC has redefined women’s soccer business models with celebrity-backed ownership and innovative sponsorship strategies. The club’s strong social mission resonates with fans and brands alike. Playing in the Los Angeles market adds massive upside for long-term growth.

7. Kansas City Current – $275M7. Kansas City Current – $275MKansas City Current defender Ellie Wheeler (5) celebrates with teammates after scoring a goal against NJ/NY Gotham FC in the second half at CPKC Stadium. Credit: Peter Aiken-Imagn Images

Kansas City’s valuation reflects major infrastructure investments, including a purpose-built stadium for women’s soccer. Strong attendance and community support have quickly made the club a league leader. The Current are seen as a blueprint for sustainable growth in the NWSL.

8. Arsenal (Women) – $260M8. Arsenal (Women) – $260MThe Arsenal FC starting eleven pose for a picture prior to their friendly against Washington Spirit at Audi Field. Credit: Geoff Burke-USA TODAY Sports

Arsenal FC’s global brand power extends seamlessly into the women’s game. The club benefits from international fan reach, strong matchday attendance, and deep institutional support. Competing at the highest levels in Europe keeps Arsenal commercially attractive worldwide.

9. Barcelona (Women) – $255M9. Barcelona (Women) – $255MFC Barcelona defender Maria Leon (left) is congratulated by midfielder Esmee Brugts (24) after scoring a goal against Bay FC during the second half at Paypal Park. Credit: Darren Yamashita-USA TODAY Sports

FC Barcelona’s women’s team thrives on global recognition and elite-level success. Their style of play, star talent, and connection to one of the world’s biggest football brands drive massive visibility. International merchandising and sponsorships significantly boost their valuation.

10. Chelsea (Women) – $250M10. Chelsea (Women) – $250MChelsea FC defender Millie Bright (4) and Sandy Baltimore (21) gestures to fans after the match against NJ/NY Gotham FC at Red Bull Arena. Credit: Vincent Carchietta-USA TODAY Sports

Chelsea FC’s consistent dominance in domestic and European competitions underpins their value. Backed by a powerful global brand, the club enjoys strong commercial partnerships and fan engagement. Continued investment in talent and facilities keeps Chelsea among the world’s elite women’s teams.

ConclusionConclusionNew York Liberty guard Sabrina Ionescu (20) dribbles against the Phoenix Mercury during the first half of game three of round one for the 2025 WNBA Playoffs at PHX Arena. Credit: Joe Camporeale-Imagn Images

What stands out most is that success now goes beyond wins and losses, with brand power, fan engagement, and smart investment driving value. As interest and investment continue to rise, these teams are setting the standard for the future of women’s sports.