The projected salary cap under the pending WNBA collective bargaining agreement is set to exceed $10 million by the end of the agreement, sources told ESPN on Wednesday.
The WNBA entered a new era on Wednesday. A historic agreement between the league and the players' union created a chaotic free agency period. The new Collective Bargaining Agreement raised the salary cap to $5.75 million in the first year.
The WNBA salary cap is set to exceed $10 million by the end the pending collective bargaining agreement, sources told Alexa Philippou of ESPN. The WNBA and Women's National Basketball Players Association reached a verbal agreement for a new CBA on Wednesday morning. The pending deal is for seven years, with an opt out after six. "We're just really grateful to be able to come to a deal," WNBPA president Nneka Ogwumike said. "We're proud of ourselves. And quite frankly, we always told you all w...
The landmark deal, which still awaits approval from the rank-and-file and the WNBA Board of Governors, includes soaring salaries, a radically improved revenue-share model for players and better play benefits.
The WNBA and Women's National Basketball Players Association reached a verbal collective bargaining agreement early Wednesday, just 51 days before the league's 30th season tips off in May. The deal, struck after more than 100 hours of negotiations in New York, still requires formal ratification by players and the WNBA board of governors. Per ESPN sources cited by Shams Charania, the agreement includes a new salary cap starting at $7 million, up sharply from $1.5 million. Average player compen...
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