WNBA players choose to exit CBA, ending it after the next season
WNBA players are seeking greater returns.
The WNBA Players Association declared on Monday that they will not be continuing with the collective bargaining agreement (CBA), which was originally set to last until 2027 but will now conclude after the upcoming season.
“It’s business,” stated the Players Association in their announcement.
This decision has been anticipated for several months. The WNBA has been on a significant growth path this season, marked by increased television ratings, heightened sponsor interest, and greater attendance figures. The new media rights agreement alone is valued at approximately $200 million annually, more than triple the existing deal. Many sponsors are eager to partner with the league and its teams. For instance, the expansion fee for the Portland team was $125 million, and there is another team slated to join.
However, the salaries of players, specifically their share of the league’s revenue, have not kept pace. Players only receive about 10% of the WNBA’s revenue, while NBA players enjoy a more favorable split of 50%.
The minimum salary for WNBA players is $64,154, while the maximum salary (supermax) is $241,984.
“Now that the historic 2024 WNBA season has concluded, we are eager to collaborate with the players and the WNBPA towards a new CBA that is equitable for everyone and sets a solid foundation for future growth and success,” stated the league.