Washington Wizards

Washington Wizards

https://www.nba.com/wizards/?tmd=1
https://www.linkedin.com/company/washington-wizards/

Washington Wizards is a privately owned company headquartered in the US. The company employs approximately 170 individuals and reported $116.4M in revenue as of 2023. Functioning as a tier 1 media tech buyer, the company specializes in Media and TV services, operating as Washington DC's NBA team.

Revenue

Founded

-

Headcount

168

Headquarters

United States

Primary Segment

Spectator Sports

Ownership

Privately Owned

News Summary:

On June 25, 2026, the Washington Wizards completed a three-way trade with the Orlando Magic and Milwaukee Bucks, acquiring the draft rights to Tennessee forward Felix Okpara. As part of the complex deal, the Wizards sent the draft rights to Malique Lewis, the 60th overall pick in the 2026 NBA Draft, to the Bucks. The Magic, in turn, received the draft rights to former USF forward Izaiyah Nelson and cash considerations, with Milwaukee also sending cash considerations to Orlando. Previously, on June 24, the Wizards selected AJ Dybantsa as the No. 1 overall pick in the 2026 NBA Draft. This decision concluded a prolonged selection process that involved widespread speculation, with the team considering multiple prospects, including Darryn Peterson, according to league sources. The Wizards had secured the top pick with a 14.0% lottery shot, making the 19-year-old BYU forward the centerpiece of their latest rebuild after finishing the previous season with the NBA’s worst record at 17-65.

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Washington Wizards offers 4 products in the media and telecoms services and sports industries. Washington Wizards's product portfolio comprises of sports tickets, merchandise and sponsorship and search, social, and retail media.

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Washington Wizards's revenues were less than $100M in 2024. Caretta Research has split Washington Wizards's revenue into 4 different product categories, the largest of which is sponsorship and merchandise. For full access to Washington Wizards's revenue breakdown subscribe to Caretta Portal.

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Jul

9th

2026

10:11

Mavericks complete blockbuster trade without giving up their biggest financial advantage

The Dallas Mavericks made one of the biggest moves of the offseason on Tuesday, agreeing to send Khris Middleton to the Washington Wizards via a sign-and-trade as part of a massive six-team transaction. The complex deal also involves the Los Angeles Clippers , Detroit Pistons , Milwaukee Bucks , and Memphis Grizzlies .

The Sporting News

Jul

8th

2026

16:30

B2B Tag, Tenders and Contracts

Why did 20% of the NBA participate in a complicated six-team trade involving 10 role players?

Late Tuesday night, reports came in that Khris Middleton would be returning to the Washington Wizards on a three-year, $17.6 million deal. Pretty unremarkable news. A player and team that had spent a year or so together decided they liked the experience enough to reunite.

Jul

8th

2026

14:00

Cam Whitmore's future with the Wizards feels clear after Khris Middleton trade

The Washington Wizards have completely reshaped their roster over the last few months, and it's safe to say the position the team is in now is much different than it was at this time last year.

Jul

8th

2026

12:38

Warriors out of LeBron James sweepstakes after bailing on Anthony Davis trade, per report

The Golden State Warriors had big plans for this offseason to give Stephen Curry one last shot at a fifth championship. The Warriors entered the summer hoping to sign LeBron James in free agency and trade for Anthony Davis to unite the former superstar teammates with Curry and Draymond Green.

Jul

8th

2026

12:15

Wizards' Khris Middleton signing is exactly what the doctor ordered

After the acquisition of ninth-year big man Deandre Ayton on Friday, I think most Wizards fans had settled on the additions to the roster being through for now. The Wizards added another player to the roster on Tuesday when veteran Khris Middleton signed a deal to return to D.C, just five months after he was traded in February as part of the Anthony Davis deal.

Jul

8th

2026

01:00

Lakers finalize Quentin Grimes, Sandro Mamukelashvili signings, Jaden Hardy trade

The Los Angeles Lakers officially completed a busy stretch of the free agency period on Tuesday, announcing the signings of Quentin Grimes and Sandro Mamukelashvili while finalizing the trade that brought Jaden Hardy and two future second-round picks from the Washington Wizards for center Deandre Ayton.

The Sporting Tribune

Jul

8th

2026

01:00

B2B Tag, Tenders and Contracts

Report: Caris LeVert to Bucks, Khris Middleton to Wizards in 6-team trade

The Detroit Pistons are sending veteran guard Caris LeVert and two second-round picks to the Milwaukee Bucks in exchange for Taurean Prince and Gary Harris, ESPN reported on Tuesday. The trade is part of a larger six-team deal ESPN reported on which includes veteran guard ‌Khris Middleton returning to the Washington Wizards on a three-year, $17.6 million sign-and-trade agreement with the Dallas Mavericks.

Jul

7th

2026

21:13

Wizards reunion brings more unexpected good news for the Grizzlies

Khris Middleton is making an unexpected return to the Wizards in a sign-and-trade deal with the Dallas Mavericks. This surprise news also comes with good implications for the Grizzlies. Along with the Middleton deal, the Santi Aldama and Isaiah Stewart trades are also involved in a six-team deal, which also includes teams like the Pistons, Bucks, and Clippers.

Bealestreetbears

Jul

7th

2026

07:07

Emerging Tech, B2B Tag

Congressional committee on China asks Wizards and Capitals owner to cut ties with Alibaba

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, CanadaBritish Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland,

Waterloo Region Record

Jul

6th

2026

19:20

foot nightmare, reunite Luka Doncic with sharpshooter via trade

Last Friday, ESPN’s Shams Charania announced the Los Angeles Lakers were partnering to complete an eyebrow-raising deal with the Washington Wizards. While it was clear the deal couldn’t be completed until July 6, it was still worthwhile to analyze the transaction details.

Jul

6th

2026

07:33

Management Changes, B2B Tag

Top Suns coaching advisor surprisingly jumps ship in favor of Wizards

The Phoenix Suns are having a strange offseason, in that they are getting all of their business done early as they said they would, while also breaking their promised on striving for continuity. The Miles Bridges trade putting an end to that, although the two-way addition of Pat Spencer was a nice pickup even if it does not fix the worrying problems the franchise has at the point guard position.

Valley of the Suns

Jul

4th

2026

16:46

Report: Patrick Ewing, Steve Clifford joining Wizards staff

Patrick Ewing is returning to the coaching ranks, joining the Washington Wizards as an assistant to head coach Brian Keefe, ESPN reported on Saturday. Ewing, 63, had been serving as an ambassador for ‌the New York Knicks, with whom he starred from 1985-2000.

Examples of Washington Wizards's suppliers include DVSport, Chyron and Spectrio.

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