How Much Do the Harlem Globetrotters Make?
The Harlem Globetrotters are an exhibition basketball team that has been entertaining fans all over the world with their unique blend of athleticism, entertainment, and comedy. With their roots dating back to 1926, the team has become a beloved institution, known for their iconic red, white, and blue uniforms and their ability to play a game of basketball like no other.
Salaries of the Harlem Globetrotters
The salaries of the Harlem Globetrotters vary depending on factors such as experience, skill level, and tenure with the team. According to various sources, here are some approximate salary ranges for the Harlem Globetrotters:
- Rookies: $30,000 to $50,000 per year
- Veteran players: $50,000 to $80,000 per year
- Star players: $80,000 to $100,000 per year
- Coaches: $80,000 to $120,000 per year
Other Income Sources
In addition to their salaries, the Harlem Globetrotters also earn income from other sources, including:
- Merchandise sales: The team sells a wide range of merchandise, including jerseys, basketballs, and other souvenirs, which can add up to a significant amount of revenue.
- Sponsorships: The Harlem Globetrotters have partnerships with various brands, which provide financial support in exchange for promotional activities and appearances.
- Touring: The team generates revenue from ticket sales and concessions during their tours, which can take them to over 120 cities around the world each year.
Game Day Earnings
The Harlem Globetrotters play around 400 games per year, with ticket prices ranging from $20 to $100 or more per game. Assuming an average attendance of 5,000 fans per game, the team can generate around $100,000 to $500,000 in revenue per game.
Net Worth of the Harlem Globetrotters
The Harlem Globetrotters are owned by Herschend Family Entertainment, a private company that also owns other entertainment properties, such as Dolly Parton's Dollywood theme park. The team's net worth is estimated to be around $100 million to $150 million.
Conclusion
The Harlem Globetrotters are a unique and beloved entertainment brand that has been delighting fans for generations. While their salaries may not be as high as those of NBA players, they are still able to earn a good living from their performances, merchandise sales, sponsorships, and touring. As a iconic American institution, the Harlem Globetrotters will likely continue to thrive and entertain audiences for many years to come.