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RandySF

(70,680 posts)
Mon Jul 29, 2024, 03:07 AM Jul 2024

Tensions Rising As WNBA Salaries Aren't Going Up Anytime Soon, Despite Record-Breaking Rights Deal And The Popularity Of

WNBA salaries aren’t expected to increase anytime soon despite how popular the league has become, which is mostly due to the arrivals of players such as Angel Reese and Caitlin Clark.

The WNBA also just agreed to a record-breaking television rights deal that will pay out $2.2 million over the next 11 years, a significant jump from the $60 million a year it currently earns.

Things are certainly looking up for the league, but perhaps not so much for the players. According to Tania Ganguli of the New York Times, the WNBA is still planning on operating cautiously with money as it still isn’t profitable.

“As its popularity booms, the W.N.B.A. has made some concessions to players beyond the collective bargaining agreement, but it isn’t quite ready to fully loosen its purse strings,” Ganguli noted in a recent piece. “Some owners would also like to make serious investments in players, but league rules protecting competitive balance often don’t allow for that.”



https://www.totalprosports.com/wnba/report-tensions-rising-as-wnba-salaries-arent-going-up-anytime-soon-despite-record-breaking-rights-deal-and-the-popularity-of-angel-reese-caitlin-clark/

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Tensions Rising As WNBA Salaries Aren't Going Up Anytime Soon, Despite Record-Breaking Rights Deal And The Popularity Of (Original Post) RandySF Jul 2024 OP
Unless I am.wrong Ontheboundry Jul 2024 #1
Negotiations start in a few months. RandySF Jul 2024 #3
And they don't want to make the soccer league mistakes JT45242 Jul 2024 #4
This message was self-deleted by its author RandySF Jul 2024 #2
Not understanding the math here....... MichMan Jul 2024 #5
I think it's billion..lol Ontheboundry Jul 2024 #6
$2.2 billion over 11 years. RandySF Jul 2024 #7
So much for proofreading MichMan Jul 2024 #8
Poor Proofreading ProfessorGAC Jul 2024 #9

Ontheboundry

(292 posts)
1. Unless I am.wrong
Mon Jul 29, 2024, 04:49 AM
Jul 2024

There is a contract still in place signed by the players. They can't have revenue sharing due to the fact the league operated in the red and subsidized by the NBA

This is the first year they will be able to turn a real profit.afaik.

JT45242

(2,912 posts)
4. And they don't want to make the soccer league mistakes
Mon Jul 29, 2024, 05:31 AM
Jul 2024

One profitable season can lead to giddiness that ends with bankrupting franchises.

The wnba won't see any of that new TV money for a couple of years. When it comes in, the players salaries will go up because the salary cap will go up.

If you have a promotion and raise scheduled for 18 months from now, you shouldn't increase spending until 19 months from now.

Response to RandySF (Original post)

MichMan

(13,235 posts)
5. Not understanding the math here.......
Mon Jul 29, 2024, 07:44 AM
Jul 2024
The WNBA also just agreed to a record-breaking television rights deal that will pay out $2.2 million over the next 11 years, a significant jump from the $60 million a year it currently earns.

ProfessorGAC

(69,958 posts)
9. Poor Proofreading
Wed Jul 31, 2024, 06:36 PM
Jul 2024

It's $200 million per year, for 11 years. Local rights are also going up, but there's no easy way to consolidate all those various deals to know what the increase will be.
It's just a silly mistake in the article.

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