The WNBA’s new collective bargaining agreement is now official.
The league and the Women’s National Basketball Players Association have signed the term sheet officially agreeing to the new CBA on Friday afternoon, the two sides announced.
“This collective bargaining agreement represents a defining moment in the WNBA”s 30-year history and all of women’s professional sports,” commissioner Cathy Engelbert said in a statement. “Since its inception, the WNBA has been shaped by extraordinary athletes who believed in the league’s future. The agreement is a testament to that belief and to the tremendous progress we have achieved together.
After more than a year of negotiations, the two sides reached a tentative agreement on Wednesday morning. As part of that agreement, the WNBA’s salary cap will jump from $1.5 million to $7 million next season.
The new deal will run through the 2032 campaign.
This post will be updated with more information shortly.