The WNBA agreed to a new collective bargaining agreement that includes a 53% pay raise for players, maternity and fertility benefits and overhauls the structure of the season for women's professional basketball.
WNBA players get a 53% percent increase in total compensation under a new collective bargaining agreement.The new deal overhauls the structure of the season for women's professional basketball, the league announced Tuesday.
"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," the WNBA's first-ever Commissioner Cathy Engelbert said in a statement provided to CNBC. Last year, the average pay for a WNBA player was roughly $116,000, the league has previously said. The new agreement raises the base salary to $130,000 and adds additional bonuses and prize pools that raise the total compensation by 53%, the WNBA said. Top players can earn more than $500,000 a year in cash, which is more than triple the current maximum cash compensation, according to the league.
The NBA's proposal for a schedule change also includes playoff play-in rounds, which would consist of the 7-10 seeds in each conference on a battle to determine entry and order. The league would also re-seed the last four teams that compete in the NBA Finals.
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