Home US SportsWNBA Caitlin Clark, WNBA Stars Receive Positive Update on Revenue Sharing

Caitlin Clark, WNBA Stars Receive Positive Update on Revenue Sharing

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Much has been made of the WNBA‘s annual revenue and how it pertains to the ongoing conflict between the league and its players’ union. According to the latest report from ESPN’s Katie Barnes, however, neither fans nor the league itself can continue to lean on the narrative that the WNBA doesn’t make enough money to meet the union’s demands for revenue sharing.

In what should be a cause for celebration, union leaders announced Monday morning that they had been notified by leadership that the WNBA, for the first time in its history, generated enough revenue to trigger player revenue sharing.

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WNBA star Caitlin Clark (left) and Hall of Famer Reggie Miller broadcast on the court for NBC before a game between the New York Knicks and the Los Angeles Lakers.Brad Penner-Imagn Images

(Brad Penner-Imagn Images)

According to Barnes, the current iteration of the league’s collective bargaining agreement (CBA), which was originally signed in January 2020, based its targets for revenue by applying a 20% compounding interest to its 2019 revenue numbers. For years, it seemed as if those benchmarks were simply unattainable, making this a huge deal for players like Caitlin Clark, who have helped to drive interest in the WNBA’s product in recent times.

Unfortunately, the league itself doesn’t appear to be too thrilled with the announcement. In addition to refusing to issue an official comment, the WNBA also reportedly declined “to provide bank statements, the amount of revenue generated by the league or the number required to trigger the revenue sharing,” Barnes reported.

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