Yahoo Sports Daily host Caroline Fenton breaks down the WNBA’s latest CBA proposal, which reportedly features revenue sharing and a max salary four times higher than the current maximum. Watch the full episode of Yahoo Sports Daily on YouTube or YahooSports.TV.
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Video Transcript
We have the latest on the WNBA’s collective bargaining agreement.
So the latest is that theres a proposal for revenue sharing with a maximum salary cap than $1.1 million, and that max would be available to more than one player per team.
And would grow each year, year over year, la the revenue sharing.
The new league minimum from this proposal.
Would be more than $220,000, with an average salary across the league of more than $460.
Now, just for context, current minimums in the WNBA pay for players with 0 to 2 years of experience is about $66,000; 3+ years Veteran minimum is around $78,000 to $79,000.
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So this new proposal would be massive increase.
What the current league minimum already stands at.
The negotiations are still ongoing.
This is not final.
This is still going to be discussed, and is still being negotiated.
We have just under two weeks to go until that extended deadline.
Originally, the deadline was Halloween-spooky season.
Now it has been extended to November 30th, so we still have a little over a week left for this WNBA and the WNBPA.
To throw things back and forth and negotiate.
The important thing here, though, is that those minimums are significantly increased from the Current minimum: what the WNBPA fights for, what the players are fighting for, is revenue share, a percentage of WNBA revenue, similar to the NBA revenue structure: It’s about fifty-fifty.
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Now, the WNBA isn’t asking what the NBA is getting in monetary value.
The WNBA is asking for a similar cut of pie, a similar fifty-fifty split, If not even a 40-60 kind of revenue split.
But we don’t know the revenue of the WNBA is.
The WNBA is strategic, not sharing details about how much money is coming in and how Much money is going out.
So, while these minimums, yes, the number themselves do look good, But what percentage of revenue is that?
That is what the league is fighting for.
And that, frankly, is something that we just simply do not know.
