"I just want to say we have aligned on key elements of a new collective bargaining agreement. We still need to finalize a formal term sheet, but the progress made in these discussions marks a transformative step forward for players and the league."
"For the first time, player salaries are tied to a truly meaningful share of league revenue, driving exponential growth in the salary cap, increasing average compensation beyond half a million dollars, and raising the professional standard across facilities, staffing, and support. It strengthens housing and retirement and expands resources for family planning and parental leave."
The WNBA and Women's National Basketball Players Association reached a verbal agreement on a new collective bargaining agreement on March 18, just 51 days before the league's 30th season begins. This agreement ends months of stalled negotiations that had delayed expansion timelines for the Portland Fire and Toronto Tempo. The new CBA, the sixth in league history, introduces historic changes including tying player salaries to revenue growth for the first time and offering $1 million salaries. The agreement increases average compensation beyond half a million dollars, strengthens housing and retirement benefits, and expands resources for family planning and parental leave. With the deal in place, the expansion drafts are expected to move forward quickly.
#wnba-collective-bargaining-agreement #player-compensation-and-revenue-sharing #expansion-drafts #professional-womens-basketball
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