WNBA Salaries Surge as Capsuit Rules: Dive into the Financial Fallout for Players & Teams!
Here's what we know so far about the WNBA's new salary cap, maximum salaries, minimum salaries, average salaries and revenue sharing from the new CBA.
The WNBA and Women's National Basketball Players Association (WNBPA) powered through more than 100 hours of negotiations to agree in principle to a new collective bargaining agreement, a person with knowledge of the situation confirmed to USA TODAY Sports. Next, a term sheet will need to be signed before it then goes to the players for a vote and then to a board of governors for ratification. WNBA commissioner Cathy Engelbert said the season will start on time on May 8 after the WNBA draft on April 13.
Training camp begins on April 19. The WNBA also needs conduct free agency and expansion drafts for the Portland Fire and Toronto Tempo. A timeline for those two items was not provided early Wednesday morning.
The deal is expected to increase player salaries nearly fourfold from last season, ESPN reported. The league will have million-dollar players for the first time entering its 30th season. The agreement reflects the league’s continued growth over the past few years reflected in attendance, viewership and investment.
Here's what we know so far about the new salary cap, maximum salaries, minimum salaries, average salaries and revenue sharing. What is WNBA's salary cap? The new salary cap is expected be $7 million, ESPN reported, up from $1.
Continue to the original source for the full article.