sports

WNBPA President Nneka Ogwumike says new CBA will have a major impact on players' bank accounts

WNBPA President Nneka Ogwumike told CNBC significant pay raises for WNBA players could change their off-season routines.

WNBPA President Nneka Ogwumike says new CBA will have a major impact on players' bank accounts

TL;DR

  • The WNBPA ratified a new collective bargaining agreement set to last through 2032.
  • The agreement is described as "transformational" and "bigger than basketball."
  • Player salaries are projected to increase significantly, with the average reaching $583,000 by 2026 and potentially over $1 million by 2032.
  • Maximum player salaries could rise to $1.4 million in 2026 and over $2.4 million by 2032.
  • The increased salaries may influence players' decisions about playing in other leagues during the off-season.
  • WNBA President Nneka Ogwumike expressed optimism about collaborating with WNBA Commissioner Cathy Engelbert under the new CBA.