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Credit: Depositphotos<\/p>\n\t\t\t\t\tCredit: Depositphotos<\/p>\n
*The WNBA and its players\u2019 union have reached a verbal agreement on a new collective bargaining agreement, delivering a landmark moment for the league just weeks before the 2026 season gets underway.<\/p>\n
\u201cThe progress made in these discussions marks a transformative step forward for players and the league,\u201d said WNBA Commissioner Cathy Engelbert told ESPN<\/a>. \u201cIt\u2019s been a process, but we\u2019re very proud to be leading in women\u2019s sports, and these players are amazing, and we\u2019re going to have an amazing 30th season tipping off in May.\u201d<\/p>\n WNBPA Executive Director Terri Carmichael Jackson added: \u201cI think this can be summed up in two words: player empowerment,\u201d she said, crediting the players for \u201cstanding on business, and being reminded of the collective voice and of what it means to be in a union, and the power of this union.\u201d<\/p>\n Reaching this point required grinding through more than 100 hours of talks that blew past a March 10 deadline before both sides found common ground. The process is not entirely complete \u2014 a term sheet must be signed and the agreement must clear a ratification vote among players and the WNBA Board of Governors \u2014 but sources indicate that formality could be wrapped up within days, according to AP News<\/a>.<\/p>\n Financial details leaked through sources close to the negotiations point to a dramatic reshaping of player compensation. According to Revolt<\/a>, the salary cap will rise from $1.5 million to $7 million, with average pay climbing from $120,000 to approximately $600,000. The minimum salary will clear $300,000, a steep increase from the prior $66,079, and supermax contracts will open at $1.4 million, dwarfing the previous ceiling of $249,244. A roughly 20 percent average revenue share is also part of the package, as are upgrades across player housing, team facilities, support staffing, and retirement provisions.<\/p>\n Union president Nneka Ogwumike summed it up plainly, saying, \u201cWe\u2019re just really grateful to be able to come to a deal. We\u2019re proud of ourselves. And quite frankly, we always told you all we were going to stand on business, and that\u2019s what this looks like.\u201d<\/p>\n MORE NEWS ON EURWEB.COM<\/a>:\u00a0WNBPA Submits New CBA Proposal Amid Strike Threat<\/a><\/p>\n