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.
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.
A record number of players attended Thursday’s meeting between the WNBA and WNBPA, with further negotiations coming soon.
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.
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 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.
Players called the first face-to-face talks with WNBA about the CBA in months a 'wasted opportunity.' The agreement has to be reached by next spring.
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