WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures

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WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#1 » by RealGM Wiretap » Tue Jan 14, 2020 2:55 pm

The Women's National Basketball Association (WNBA) and the Women's National Basketball Players Association (WNBPA) announced today that they have reached an agreement on a new Collective Bargaining Agreement (CBA), pending ratification by the players and the league’s Board of Governors. 


The new eight-year CBA, which commences with the 2020 season and runs through 2027, provides the foundation to chart a new course for women’s professional basketball. The 2020 CBA features significant investments by the league and its teams aimed directly at increasing player salary and compensation, improvements to the overall player experience, resources specifically designed with the professional female athlete in mind, as well as a commitment to implement an integrated marketing plan league-wide.


Foremost among the deal terms is a 53 percent increase in total cash compensation, consisting of base salary, additional performance bonuses, prize pools for newly created in-season competitions, and league and team marketing deals.  Under the new CBA, the league’s top players will be able to earn cash compensation in excess of $500,000, representing a more than tripling of the maximum compensation under the prior deal. Other top players will have an opportunity to earn between $200,000 and $300,000. And for the first time in WNBA history, the average cash compensation for players will exceed six figures, averaging nearly $130,000, resulting in an increase for all players from rookies to veterans. 


Additional highlights include enhanced player experience with respect to travel and child care benefits, and expanded offseason career development opportunities.  The landmark agreement also features a more liberal free agency system, and a more robust and equitable revenue-sharing model based on league revenue growth.


“We approached these negotiations with a player-first agenda, and I am pleased that this agreement guarantees substantial increases in compensation and progressive benefits for the women of the WNBA,” said WNBA Commissioner Cathy Engelbert.  “I want to thank the players, led by WNBPA President Nneka Ogwumike and the WNBPA Executive Committee, as well as WNBPA Executive Director Terri Jackson, for their hard work, innovative thinking and professionalism throughout the process.  I also want to thank the league’s Labor Relations Committee and Board of Governors for their investment, commitment and leadership as we look forward to working together to make the WNBA a sustainable and thriving business for generations of women’s basketball players to come.”


“Cathy Engelbert, the first WNBA Commissioner, brought her perspective as a former women’s basketball student-athlete, her experience as a business professional and her passion for the game to these negotiations,” said WNBPA President Nneka Ogwumike.  “We found common ground in areas that confirmed the league’s and the players’ intentions to not only make meaningful improvements in working conditions and overall professional experience, but also to improve the business with strategic planning and intentional marketing that will keep the WNBA front and center year-round.” 

Via RealGM Staff Report

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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#2 » by DarkoNeedsAfro » Tue Jan 14, 2020 4:01 pm

That's a lot of money for the NBA to give them.

Seriously...how does a league where teams average around 6500 fans a game(and in decline) pay that much money to the players???
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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#3 » by Lockdown504090 » Tue Jan 14, 2020 5:03 pm

Just lazily saying "oh wnba doesnt bring in money" is pretty dumb by a lot of posters. They currently get an incredibly low percentage of the BRI(below 30%) Thats the number they should be focusing on. It does however go both ways. WNBA players need to use their platform to grow the league and find other avenues to become more famous to bring in fans to the game. The NBA's questionable fashion movement over the last decade didnt come from nowhere, and despite what we think about it, this has expanded the reach of the NBA.
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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#4 » by Coach Smiley » Tue Jan 14, 2020 5:06 pm

This is dope. If women's soccer, MMA, wrestling, etc. can thrive so can the WNBA, it's up to us basketball fans to support, personally I think it's a good product, with room for improvement of course
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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#5 » by Cassius » Tue Jan 14, 2020 5:27 pm

DarkoNeedsAfro wrote:That's a lot of money for the NBA to give them.

Seriously...how does a league where teams average around 6500 fans a game(and in decline) pay that much money to the players???


It probably has a lot to do with having to play in 18K stadiums and the overhead involved depresses the cost. We've seen in the last few lockouts that ownership is always inflating costs to find a way to reduce BRI and player compensation along with it. Duke's Cameron Indoor Stadium seats 9,300. Putting the WNBA in NBA stadiums is a great way for ownership to hide profits.

The fact is that women have made way more money in Europe and Asia for the past 40 years. A lot of the early WNBA players only stayed here so they could have a family life at home. It's basically the same as G-League vs. Europe... which is why the G-League players are setting up to unionize right now.
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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#6 » by Wallace_Wallace » Tue Jan 14, 2020 5:36 pm

Lockdown504090 wrote:Just lazily saying "oh wnba doesnt bring in money" is pretty dumb by a lot of posters. They currently get an incredibly low percentage of the BRI(below 30%) Thats the number they should be focusing on. It does however go both ways. WNBA players need to use their platform to grow the league and find other avenues to become more famous to bring in fans to the game. The NBA's questionable fashion movement over the last decade didnt come from nowhere, and despite what we think about it, this has expanded the reach of the NBA.


They receive a lower percentage of the revenue because till this day we don't really know how much they profit. The only solid figure we know is that NBA is paying the WNBA close to 25 million a year to stay afloat.

https://www.forbes.com/sites/davidberri/2018/09/04/what-wnba-players-want/#b414bcf33ebf

Say you have 60 million in total revenue (estimated by Forbes including the 25 million by the NBA), after its operating cost, WNBA maybe not really earn that much. We don't really know how much does the WNBA profits a year, if at all. The WNBA gets less than 25% of its revenue to its players, that 10-15 million. There's 12 team and 12 players in the WNBA (144 players), I divided 12.5 million by 144 players, and you'll get a measly $86,805.56. Without the 25 million support from the NBA, I wouldn't know how they could operate. Cause you know, the owners want to get paid as well becaues that's whole reason of owning a sports team besides the championship.

The NBA generated 7.4 billion dollars in revenue, so it's easier to share a bigger piece of the pie. Kind of like how some leftists think millionaires/billionaires should pay nearly half they income to the IRS while someone who makes less than 50k pays nearly nothing. While millionaires/billionaires sure are able to pay 50% of income tax, a lower/middle class sure as hell can't (not even 25%).
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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#7 » by DarkoNeedsAfro » Tue Jan 14, 2020 6:59 pm

Lockdown504090 wrote:Just lazily saying "oh wnba doesnt bring in money" is pretty dumb by a lot of posters. They currently get an incredibly low percentage of the BRI(below 30%) Thats the number they should be focusing on. It does however go both ways. WNBA players need to use their platform to grow the league and find other avenues to become more famous to bring in fans to the game. The NBA's questionable fashion movement over the last decade didnt come from nowhere, and despite what we think about it, this has expanded the reach of the NBA.


You say that something is dumb but apparently you don’t understand how things work. It was explained well by the other poster but a league has to make a certain amount to pay basic operating expenses. The players then get a cut of the remainder. That remainder is very small...and probably non-existent if not for the nba contributing money to the league.

The bottom line is that the level of play in the WNBA is not high enough(or entertaining enough) to generate the interest required to pay them what you seem to think they are worth. They are worth what they generate(which is very little)...and not worth more just for the sake of promoting a women’s league. Which, lets be honest, is the only reason it exists. If these were male players playing at this level the league would not exist. And it is nice for young girls to have those role models...but that doesn’t justify them making above what is reasonable for the product on the floor and the money being generated.

Edit:

Actually here is a something I just found from a 2018 USA Today article -

https://www.usatoday.com/story/sports/wnba/2018/12/28/wnba-looks-for-new-president-profitability-in-2019/38809289/

"The WNBA says it has lost significant money the last 22 years, including $12 million last season. "On average (we've lost) over $10 million every year we've operated," NBA Commissioner Adam Silver told The Associated Press in October. Attendance across the league was down nearly an average of 1,000 fans per game."

Yep...sounds like they need raises.
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Re: WNBA Reaches Deal On New CBA With Average Salary Exceeding Six Figures 

Post#8 » by Elnegron » Tue Jan 14, 2020 10:09 pm

Rapinoe salty right now lol

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