WNBA Players Ratify New Collective Bargaining Agreement
Why this is here: The agreement provides a financial boost to WNBA veterans and retired players based on years of service, acknowledging their contributions to the league’s growth.
WNBA players ratified a seven-year collective bargaining agreement with over 90% participation. The deal will significantly increase player compensation and revenue sharing. Players are now slated to receive roughly double the previous share of league revenue.
The average WNBA salary will rise to $583,000, a substantial increase from last year’s $120,000. Elite players will earn over $1 million annually. The agreement also includes increased bonuses for championship wins and postseason awards.
The new contract follows a period of contentious negotiations, with players previously voicing concerns about league leadership. Growth in WNBA popularity, including a new media rights deal and expansion franchises, provided players with increased leverage at the bargaining table. This agreement aims to address historical financial disparities and keep top players from seeking higher salaries overseas.