{"id":287957,"date":"2025-11-17T02:29:36","date_gmt":"2025-11-17T02:29:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/287957\/"},"modified":"2025-11-17T02:29:36","modified_gmt":"2025-11-17T02:29:36","slug":"wnba-rival-league-makes-funding-announcement-after-5b-target-amid-aim-to-attract-caitlin-clark","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/287957\/","title":{"rendered":"WNBA rival league makes funding announcement after $5B target amid aim to attract Caitlin Clark"},"content":{"rendered":"<p>Project B is getting ready to shake up women&#8217;s basketball in 2026<\/p>\n<p>The competition is a five-on-five women&#8217;s basketball league that is set to debut in November 2026, and it has already begun signing some of the <a href=\"https:\/\/talksport.com\/topic\/wnba\/\" rel=\"nofollow noopener\" target=\"_blank\">WNBA<\/a>&#8216;s best players.<\/p>\n<p><a href=\"#\"><img decoding=\"async\" alt=\"Stephanie White and Caitlin Clark during a game\" height=\"640\" width=\"960\" data-credit=\"Getty\" data-img=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/user-expressly-acknowledges-agrees-downloading-1025552929.jpg\" data-caption=\"Caitlin Clark endured an injury-ravaged season, which may have impacted her offseason plans\"   loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/user-expressly-acknowledges-agrees-downloading-1025552929.jpg\" role=\"img\"\/><\/a><\/p>\n<p>4<\/p>\n<p>Caitlin Clark endured an injury-ravaged season, which may have impacted her offseason plansCredit: Getty<\/p>\n<p>Former WNBA MVP Nneka Ogwumike announced last week that she has signed with Project B.<\/p>\n<p>While she is the only WNBA player who has announced her involvement publicly, it&#8217;s reported that several other players from the league have also signed up.<\/p>\n<p>The WNBA calendar and the proposed competition dates of Project B do not overlap. <\/p>\n<p>The league is looking for 66 players to make six teams of 11 and is offering salaries that <a href=\"https:\/\/talksport.com\/basketball\/3117356\/wnba-draft-rookies-salaries-contracts-angel-reese-caitlin-clark\/\" target=\"_blank\" aria-label=\"stump current WNBA contracts. (opens in a new tab)\" rel=\"nofollow noreferrer noopener\">stump current WNBA contracts.<\/a><\/p>\n<p>While finances have not been confirmed, reports claim that players are being offered seven-figure contracts that begin at $2 million annually. <\/p>\n<p>How is Project B being funded?<\/p>\n<p>Earlier this year, The Financial Times <a aria-label=\"reported (opens in a new tab)\" href=\"https:\/\/www.ft.com\/content\/ff7622b1-3fc3-432b-a815-9b64761b0cbe\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">reported<\/a> that an upstart international baseball league codenamed Project B was being backed by Saudi Arabia&#8217;s sovereign wealth fund.<\/p>\n<p>The league had an investment target of $5 billion, a goal that makes sense when considering it wants to host events across Asia, Europe and South America.<\/p>\n<p>Furthermore, it will need lucrative contract offers to appeal to the WNBA&#8217;s biggest stars like Angel Reese and <a href=\"https:\/\/talksport.com\/who\/caitlin-clark\/\" rel=\"nofollow noopener\" target=\"_blank\">Caitlin Clark<\/a>, the latter of which is perhaps the most prized asset in women&#8217;s basketball.<\/p>\n<p>Later that year, it was confirmed there were also athletes like Candace Parker, Alana Beard and <a href=\"https:\/\/talksport.com\/who\/novak-djokovic\/\" rel=\"nofollow noopener\" target=\"_blank\">Novak Djokovic<\/a> as investors. <\/p>\n<p>However, ex-Facebook executive and co-founder of the league, Grady Burnett, confirmed to reporters last week that there is no money coming from the Kingdom of Saudi Arabia.<\/p>\n<p><a href=\"#\"><img decoding=\"async\" alt=\"Caitlin Clark #22 of the Indiana Fever reacts during the first half of the 2025 AT&amp;T WNBA All-Star Game at Gainbridge Fieldhouse on July 19, 2025 in Indianapolis, Indiana.  \" height=\"640\" width=\"960\" data-credit=\"GETTY\" data-img=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/GettyImages-2226059563.jpg\" data-caption=\"Clark joining any offseason league would massively increase the amount of eyeballs on the competition\"   loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/GettyImages-2226059563.jpg\" role=\"img\"\/><\/a><\/p>\n<p>4<\/p>\n<p>Clark joining any offseason league would massively increase the amount of eyeballs on the competitionCredit: GETTY<a href=\"#\"><img decoding=\"async\" alt=\"Angel Reese #5 of the Chicago Sky reacts against the New York Liberty during the fourth quarter at Barclays Center on August 21, 2025\" height=\"640\" width=\"960\" data-credit=\"Getty\" data-img=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/user-expressly-acknowledges-agrees-downloading-1018185295.jpg\" data-caption=\"Fellow WNBA star Angel Reese has yet to announce her offseason plans\"   loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/user-expressly-acknowledges-agrees-downloading-1018185295.jpg\" role=\"img\"\/><\/a><\/p>\n<p>4<\/p>\n<p>Fellow WNBA star Angel Reese has yet to announce her offseason plansCredit: Getty<\/p>\n<p>\u201cWe\u2019re building a global basketball league, so we want a global diversified cap table around us,\u201d Burnett told Front Office Sports. <\/p>\n<p>\u201cThat doesn\u2019t include any dollars from Saudi Arabia.\u201d<\/p>\n<p>However, she did confirm that a Saudi Arabian company named Sela is involved in Project B.<\/p>\n<p>\u201cWe have partnerships with a lot of companies around the world,\u201d Burnett added. <\/p>\n<p>\u201cSela is one event partner that we pay money to. We do not have any dollars coming from them. It\u2019s a wholly owned subsidiary based in London that has done a ton of events globally, including the most recent big boxing events, the America\u2019s Cup, a bunch of other global sporting events. <\/p>\n<p>&#8220;They are a global partner of many people around the world.\u201d<\/p>\n<p><a href=\"#\"><img decoding=\"async\" alt=\"Caitlin Clark, professional basketball player, plays her shot from the second tee during a Pro-Am prior to The ANNIKA driven by Gainbridge at Pelican 2024 at Pelican Golf Club on November 13, 2024 in Belleair, Florida. \" height=\"640\" width=\"960\" data-credit=\"Getty\" data-img=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/GETTY_The-ANNIKA-driven-by-Gainbridge-at-Pelican-2024-Previews_SPO_GYI2184539314jpg-JS948846711.jpg\" data-caption=\"Caitlin Clark is returning to action this month, but on a golf course\"   loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/GETTY_The-ANNIKA-driven-by-Gainbridge-at-Pelican-2024-Previews_SPO_GYI2184539314jpg-JS948846711.jpg\" role=\"img\"\/><\/a><\/p>\n<p>4<\/p>\n<p>Caitlin Clark is returning to action this month, but on a golf courseCredit: Getty<\/p>\n<p>Project B will be in direct competition with Unrivaled, as it plans to run from November through April.<\/p>\n<p><a aria-label=\"Unrivaled, is another off-season women&#039;s basketball league (opens in a new tab)\" href=\"https:\/\/talksport.com\/basketball\/2228605\/unrivaled-womens-basketball-caitlin-clark-angel-reese-wnba-fever\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Unrivaled, is another off-season women&#8217;s basketball league<\/a>, which takes place between January and March, and had its first edition earlier this year. <\/p>\n<p>As it stands, it seems that Project B has the advantage when it comes to financials, with its seven-figure contracts much higher than the <a aria-label=\"average contract of $220,000 (opens in a new tab)\" href=\"https:\/\/talksport.com\/basketball\/3029943\/unrivaled-finals-angel-reese-wnba-salary-bonus-earnings\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">average contract of $220,000<\/a> that was handed to Unrivaled players earlier this year.<\/p>\n<p>Unrivaled takes place again next year, with the competition starting on Jan. 5.<\/p>\n<p>Stay up to date with the latest from the WNBA across all platforms &#8211; follow our dedicated\u00a0<a href=\"https:\/\/www.facebook.com\/profile.php?id=61571480857518\" target=\"_blank\" rel=\"nofollow noopener\">talkSPORT USA Facebook page<\/a>\u00a0and subscribe to our\u00a0<a href=\"https:\/\/www.youtube.com\/@talkSPORTUSA\" target=\"_blank\" rel=\"nofollow noopener\">talkSPORT USA YouTube channel<\/a>\u00a0for all the news, exclusives, interviews and more.<\/p>\n","protected":false},"excerpt":{"rendered":"Project B is getting ready to shake up women&#8217;s basketball in 2026 The competition is a five-on-five women&#8217;s&hellip;\n","protected":false},"author":2,"featured_media":287958,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[629],"tags":[49,735,130522,130521,4457,130519,114915,48,726,2803,130520,121941,124634,124632,124633,82,4646,130523,124630,124635,630,124631,8811,119309,25640,17822],"class_list":{"0":"post-287957","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-wnba","8":"tag-ca","9":"tag-caitlin-clark","10":"tag-caitlin-clark-golf","11":"tag-caitlin-clark-indiana-fever","12":"tag-caitlin-clark-injury","13":"tag-caitlin-clark-lpga","14":"tag-caitlin-clark-news","15":"tag-canada","16":"tag-chicago-sky","17":"tag-indiana-fever","18":"tag-is-caitlin-clark-playing-in-unrivaled","19":"tag-project-b","20":"tag-project-b-caitlin-clark-contract","21":"tag-project-b-contracts","22":"tag-project-b-salaries","23":"tag-sports","24":"tag-unrivaled","25":"tag-what-is-project-b-angel-reese","26":"tag-when-does-the-wnba-start","27":"tag-where-is-caitlin-clark","28":"tag-wnba","29":"tag-wnba-2026","30":"tag-wnba-cba","31":"tag-wnba-contracts","32":"tag-wnba-news","33":"tag-wnba-salaries"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/287957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=287957"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/287957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/287958"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=287957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=287957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=287957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}