WNBA, players' union reach agreement in principle on new pact

TL;DR

The WNBA and its players' union have reached a verbal agreement on a new collective bargaining agreement.
The new CBA is expected to greatly increase player salaries, with a possibility of players earning million-dollar salaries for the first time.
Player salaries will be tied to a meaningful share of league revenue, increasing the salary cap and average compensation.
The agreement was reached after eight days of intense negotiations, totaling over 100 hours.
Revenue sharing was a major hurdle in the negotiations, along with issues concerning housing and franchise tags.
The league must now prepare for its upcoming season, including an expansion draft and negotiations with free agents.
The WNBA has seen steady growth in popularity, breaking its single-season attendance record.
The WNBA's 30th season is set to tip off in May.

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