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On Tuesday, the WNBA and its union announced a tentative eight-year labor deal that will allow top players to earn more than $500,000 while the average annual compensation for players will surpass six figures for the first time.
The deal begins this season and runs through 2027, and will pay players an average of $130,000, guaranteeing them full salaries while on maternity leave. The agreement also provides enhanced family benefits, travel standards and other health and wellness improvements.
The deal also calls for 50-50 revenue sharing starting in 2021, based on the league achieving revenue growth targets from broadcast agreements, marketing partnerships and licensing deals.
WNBA, union reach ‘groundbreaking’ new CBA
Via www.espn.com
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