Photo: Justin Casterline/Getty Images

The Indiana Fever are the sixth most valuable WNBA team at $90 million, according to Sportico’s first WNBA valuations.

Why it matters: It’s a historic time in women’s sports for growth in engagement and commercial outlook, especially with the Fever’s own Caitlin Clark leading a rookie class that’s dramatically boosted viewership and attendance.

Both the WNBA and the National Women’s Soccer League have seen a steep uptick in valuations, and both are expanding, per Sportico.

How they did it: To derive the market values, Sportico calculated each team’s revenue, relying on publicly available information and financial records — and interviews with those knowledgeable of team finances.

Catch up quick: The league was originally formed as single-entity but shifted to a model where the NBA held 50% of the “league” equity and the individual team owners evenly shared the other 50%.

The NBA now holds 42% of the “league” equity, the owners hold 42%, and investors hold the other 16%, per Sportico.

Fun fact: Clark made history over the holiday weekend by becoming the first rookie player in both franchise and WNBA history to record a triple-double when the Fever beat the first place Liberty, 83-78, Saturday at Gainbridge Fieldhouse.

Clark had 19 points, 13 assists and 12 rebounds.
This is the first time the Fever have beaten the Liberty since 2022.
The Fever have won their last five home games, and the team has a 6-4 record over the last 10 games.