WNBA, CBA
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Each of the three newest expansion teams joins the league paying a record $250 million expansion fee. The new Golden State expansion team has been an immediate success and is now worth over $500 million, according to Sportico, after paying just a $50 million expansion fee to enter the league. That’s a WNBA-record valuation, and the union knows it.
A record number of players attended Thursday’s meeting between the WNBA and WNBPA, with further negotiations coming soon.
The first in-person meeting between the league and union since December lasted for a couple of hours and ended with no resolution on the CBA.
The Women's National Basketball Players Association and the WNBA appeared no closer to finding common ground on a labor agreement on Thursday, as negotiations continued amid fears over a potential work stoppage.
The WNBA’s collective bargaining agreement is set to expire Oct. 31. If the league and players don’t reach a new deal by then, a work stoppage could begin.
Breanna Stewart and other WNBA players in Indianapolis for All-Star weekend characterized Thursday's meeting with commissioner Cathy Engelbert and ownership representatives as a "wasted opportunity."
The players' union and the league will meet in-person for the second time since starting negotiations for the collective bargaining agreement, a process that has been contentious so far.
The WNBA players union and league officials have much to discuss when they sit down this week for their first in-person talks as a group since December about the new collective bargaining agreement