""While we believed negotiations would be further along, the players are more focused, united, and determined than ever to reach an agreement that reflects their value and undeniable impact on the league." There have been multiple meetings this week between the WNBA and WNBPA as part of negotiations, which have centered on how the league's salary cap is determined. The WNBA has proposed sizable increases to the league's minimum and maximum salaries, reflecting increased revenue generated by the WNBA since the last CBA was signed."
"ESPN reported Tuesday that the WNBA had offered the players' association the extension of the CBA, following a similar path to the most recent round of CBA negotiations after the 2019 season, when the two sides agreed to a 60-day extension before agreeing to a new deal in January 2020. Though the league's proposal maintains revenue targets that could allow players to share in future growth, the salary cap would remain fixed during the deal if those targets are not met."
""The WNBPA Executive Committee agreed to the league's proposed 30-day extension of the current CBA, with the condition that the players may terminate the extension at any time with 48 hours' notice," read a statement from the players' association."
WNBA and WNBPA agreed to a 30-day extension of the current collective bargaining agreement through Nov. 30, with players retaining the right to terminate the extension with 48 hours' notice. Multiple meetings have centered on how the league's salary cap is determined. The WNBA proposed sizable increases to minimum and maximum salaries reflecting increased revenue since the last CBA, but tied those increases to revenue targets and a cap that could remain fixed if targets are unmet. The WNBPA countered by seeking a salary-cap link to basketball-related income, similar to other major leagues. The extension averts immediate strike or lockout risk while negotiations continue.
Read at ESPN.com
Unable to calculate read time
Collection
[
|
...
]