Revolutionary Proposal in the WNBA: Salary Increase and Revenue Sharing
The WNBA is on the verge of finalizing a collective bargaining agreement that promises to transform the league’s salary landscape. According to sources, the most recent proposal includes a revenue-sharing system and a maximum salary exceeding $1.1 million, available to several players per team, with annual increases.
WNBA officials presented the latest proposal to the board of directors during meetings this week. The league’s minimum salary is expected to exceed $220,000, with an average exceeding $460,000, according to the same source.
These salary increases would come into effect in the first year of the agreement, benefiting more than 180 players, and will be increased throughout the term of the collective bargaining agreement.
The current collective bargaining agreement was scheduled to expire on October 31, but the WNBA and the players’ union agreed to extend negotiations until November 30. This extension will allow both parties to negotiate an agreement that could be revolutionary for players in terms of compensation.
The league’s proposal, described as a very lucrative package, offers significant increases compared to previous years and seeks a prompt conclusion to the negotiations.
The players exercised their right to terminate the collective bargaining agreement last year, hoping to obtain, among other things, a greater share of revenue, higher salaries, better benefits, and a more flexible salary cap. When the last collective bargaining agreement expired in 2019, both parties agreed to a 60-day extension, with an agreement finally ratified in January 2020.
