The WNBA and its players union have reached a landmark labor deal, announcing the tentative eight-year agreement on Tuesday, as Doug Feinberg of The Associated Press outlines.
The new Collective Bargaining Agreement will increase the average and maximum salaries for players while enhancing standards and benefits related to travel and maternity leave. The deal, which has been approved by the players and still must be ratified by owners, includes a 50-50 revenue sharing split beginning in 2021.
“I call it historic,” WNBA commissioner Cathy Engelbert told AP. “The CBA guarantees substantial (financial) increases. The way we are paying these players is different than the past. … The top couple players are tripling (in pay) where they were. Other players are making $200-300K. The average will be over $130K. Everyone gets an increase here.”
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Originally posted on Hoops Rumors | By Luke Adams | Last updated 1/14/20