The WNBA and its players union announced an eight-year collective bargaining agreement that increases player salaries and provides historical benefits for motherhood and family planning.
The best players will have the opportunity to win more than $ 500,000 per season, the parties said in a press release, more than triple what the maximum had been according to the old agreement. The average cash compensation will increase to almost $ 130,000, the first six-figure average salary in the history of the WNBA.
Compensation is not the base salary. It will also include performance bonuses, accumulated prizes for newly created season competitions, and league and team marketing offers.
The league says it will share revenue with players on a 50-50 basis if it meets the revenue growth goals of broadcast agreements, marketing associations and license agreements.
The players opted for the previous labor agreement in the hope of a new one that would raise wages enough so that players would not feel compelled to play abroad during the WNBA offseason to maximize their earnings, and that would provide them A better quality of life.
Under the new agreement, players would be guaranteed to fly in premium economic seats. They would also get a full salary in maternity leave, an annual child care stipend of $ 5,000 and a reimbursement of up to $ 60,000 in family planning expenses in areas such as adoption, subrogation and in vitro fertilization.