The buzz is real — and historic. The Indiana Fever, led by rookie sensation Caitlin Clark, have not only captured national attention, but have also shattered NBA-level preseason viewership records. With attendance, TV ratings, and merchandise sales skyrocketing, many are now asking: Is this the turning point where the WNBA finally becomes a profitable league?

Caitlin Clark, Indiana Fever host Washington Mystics: How to watch

Record-Breaking Numbers

In what was expected to be a routine preseason matchup, the Indiana Fever’s exhibition game against Brazil turned into a media spectacle. According to ESPN and Nielsen:

Caitlin Clark stuffs stat sheet, but Indiana Fever lose to Mystics

The game peaked at over 1.3 million viewers — a figure higher than most NBA Summer League games, and easily one of the most-watched preseason games in WNBA history.

Merchandise sales — especially Caitlin Clark’s jersey — have broken league records for fastest-selling rookie apparel.

Ticket demand for Indiana Fever games is now comparable to NBA lower-tier market teams, with many games approaching sell-out status weeks in advance.

 

I'm extremely curious about this" - WNBA fans speculate after Indiana  Fever's clashes against Mystics get moved

 

 

Caitlin Clark Effect: More Than Just Hype

Caitlin Clark’s presence has been credited with sparking what some call the “Clark Surge.” But it’s not just her electric three-pointers or deep shooting range that’s changing the game — it’s her ability to draw fans who never previously watched women’s basketball.

Atkins scores 26 for the Mystics, who overcome Caitlin Clark's 29 points to  beat the Fever 89-84 - WTOP News

She’s already done for the WNBA what Steph Curry did for the NBA: redefine entertainment and make every shot must-watch TV.

“She’s not just a player — she’s a brand, a movement,” said one WNBA executive.

Atkins scores 26 for the Mystics, who overcome Caitlin Clark's 29 points to  beat the Fever 89-84 | AP News

From Loss Leader to Growth Engine?

The WNBA has historically operated at a loss. Founded in 1996, the league has relied heavily on NBA subsidies and external investors to stay afloat. While recent expansions and media deals have helped, profitability has remained elusive.

Atkins scores 26 for the Mystics, who overcome Caitlin Clark's 29 points to  beat the Fever 89-84 | AP News

But 2024 may mark a pivotal shift:

Sponsorship revenue is up significantly, with major brands like Nike, AT&T, and Google expanding WNBA campaigns.

Media rights value is expected to rise as ESPN and other networks begin renegotiating contracts in response to surging ratings.

Merchandise and ticket revenue is breaking franchise records in Indiana, Las Vegas, and New York.

 

Atkins scores 26 for the Mystics, who overcome Caitlin Clark's 29 points to  beat the Fever 89-84 - WTOP News

 

 

According to some insiders, if trends continue, the league could turn a profit as early as 2025 — something that would’ve seemed unthinkable five years ago.

Fever offseason outlook: How Indiana can build a contender around Caitlin  Clark through free agency, WNBA Draft | Sporting News

What the Experts Are Saying

Sports economist Dr. Alicia Warren told CNBC:

“This is the perfect storm: a charismatic star, media buy-in, social momentum, and a league finally ready to scale. If the WNBA can retain 60–70% of this momentum, profitability is absolutely within reach.”

WNBA: Indiana Fever needed addition of Caitlin Clark, but also others -  Swish Appeal

Even NBA Commissioner Adam Silver recently acknowledged the shift:

“The WNBA is no longer in the shadow of the NBA — it’s casting its own spotlight.”

Caitlin Clark plays in WNBA preseason debut after being drafted No. 1 by  Indiana Fever | CNN

What This Means for Women’s Sports

Indiana’s surge isn’t just good for the Fever — it’s a win for all of women’s sports. Increased visibility means better opportunities for athletes, higher salaries, and a new generation of young girls growing up seeing full arenas and superstar women leading the way.

WNBA finally gives in to longtime fan request amidst growing popularity -  SBNation.com

So… Can the WNBA Turn Profitable?

Yes — and it may happen sooner than anyone expected.

Thanks to the Indiana Fever’s record-breaking momentum and Caitlin Clark’s superstar rise, the league has never been better positioned to reach financial sustainability.

But the challenge now is consistency. If the WNBA can retain new fans, expand media reach, and deepen investment, it won’t just survive — it will thrive.