NBA Owners FURIOUS w Adam Silver over $40 MILLION WNBA LOSS for Caitlin Clark’s Rookie Season! Angel Reece & other players continue to seek a pay increase despite league losing money for 27 years.
WNBA Players Could Deliver Bigger Blow Than $40 Million Loss Forecast as New Media Deal Stirs Major Problem
No matter the growing love for the sport, it can’t be denied that any league requires solid financing to stand the test of time. The WNBA has risen to fame in the last few years, and for this season’s explosion, most of the credit goes to Indiana Fever rookie Caitlin Clark. However, it hasn’t translated into the trust owners seek. After all, a $40 million loss is not a small number.
Amidst all this, the WNBA and its players’ union have until November 1st to decide whether they want to opt out of their current collective bargaining agreement (CBA), reports Front Office Sports Today. In case, the players decide to go for it, they can negotiate for a bigger piece of the “financial pie.”
This indeed looks great on the surface, but it also means more financial strain on an already struggling league. According to the New York Post, the WNBA is estimated to lose $40 million this season, better than the forecasted $50 million loss. But obviously, it’s still a significant red flag.
Since the league started, the owners have invested a considerable amount, and they are not hopeful about the return even in the long term. While sources say that media revenue will increase up to $2.2 billion over 11 years, starting in 2026, this raises another issue. Along with revenue, players’ salaries will skyrocket, too.
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