NEW YORK (AP) — The WNBA sent a new CBA proposal to the players' union Sunday night that includes allowing some of its young stars like Caitlin Clark and Paige Bueckers a chance to earn a maximum salary quicker, a person familiar with the deal told The Associated Press.
The person spoke on condition of anonymity on Monday because of the sensitive nature of negotiations.
The new offer, which came two days after the latest proposal from the union, would
allow players on rookie contracts who were first or second team all-league to become eligible to sign a maximum contract in their fourth year and would not be eligible for a franchise tag designation following that extension.
For example, Clark would be eligible for a maximum contract in 2027, Bueckers in 2028. Aliyah Boston would be eligible this year.
The salary cap in the first year would be $5.75 million — up 280% from last year’s $1.5 million. That would grow to $8.5 million by the sixth year of the deal. The deal would result in maximum salaries increasing by more than $1 million — from $249,000 to $1.3 million — and average salaries increasing from $120,000 to $540,000 in the first year.
The league didn't make changes in its revenue sharing model from its previous offer. The WNBA has proposed giving players more than 70% of net revenue with that number going up as the league continues to grow. The union in its offer earlier this week asked for an average of 26% of the gross revenue — revenue before expenses — over the course of the CBA. That would include only 25% in the first year of the new deal. The league has said that number is unrealistic.
Kelsey Plum, who is a vice president of the union, said Monday while preparing for the Unrivaled semifinals that getting the league to agree to a revenue sharing system for the first time is something “we fought really hard for,” and that the WNBPA can continue to negotiate the expense credits the league would get.
“I’ve always been someone that’s focused on the gain, not the gap.” Plum said. “And to be honest, I think if you look at where we’ve come from, shoot, since I came into the league until now, and now that we’re in a revenue share, it’s a tremendous win.
“Obviously, we’re going to continue to negotiate. I can’t emphasize that enough. Like we’re not just settling. I want to be very clear about that. But I’m super proud to be a part of this opportunity to change women’s sports.”
For the first time, the league is giving $8 million from revenue sharing to the players from last season as the league generated enough to trigger revenue sharing for the first time in its history.
If a labor deal is agreed to by March 10, it probably would be signed by the end of the month. Under that timeline, the expansion draft for new franchises in Portland and Toronto would be held sometime between April 1 and 6, according to a timetable obtained by the AP.
Free agent qualifying offers, including franchise player tags, would be sent out April 7 and 8. Teams would then have three days to negotiate with the more than 80% of players who are free agents. The signing period would take place from April 12-18.
Training camps would open the next day and the season would be able to start on May 8.
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AP WNBA: https://apnews.com/hub/wnba-basketball
