Getty Picture
WNBA gamers don’t appear thrilled with their new media rights deal.
On Tuesday, it was reported that the WNBA will obtain $2.2 billion over the subsequent 11 years in its new media rights deal, which the NBA negotiated. $200 million/12 months is over thrice greater than the $60 million/12 months the WNBA was paid in its earlier media rights deal.
By way of The Athletic
The WNBA’s subsequent nationwide media rights package deal has come into form. The league is ready to obtain roughly $2.2 billion over the subsequent 11 years in rights charges in its new offers — a mean of $200 million a 12 months — with a gap to earn extra over that interval, in accordance with league sources briefed on the contracts.
The NBA negotiated the WNBA’s new offers throughout its just-completed rights talks, the place it reached an settlement with Disney, NBC and Amazon on an 11-year, roughly $75 billion set of contracts. The WNBA’s nationwide media rights agreements are with these firms as nicely; ESPN, NBC and Amazon will all have their very own WNBA packages.
Regardless of the huge income leap, Terri Carmichael Jackson, the pinnacle of the WNBA Gamers Affiliation, launched a press release asking how the NBA got here up with the $200 million valuation regardless of the league’s exponential progress.
“We now have questioned for months how the NBA would worth the WNBA in its media rights deal. With a reportedly $75 billion deal on the desk, the league is in command of its personal future. Extra exactly, the NBA controls the future of the WNBA. We stay up for studying how the NBA arrived at a $200 million valuation—if preliminary reviews are correct and even shut. Neither the NBA nor the WNBA can deny that in the previous few years, we’ve seen unprecedented progress throughout all metrics, the gamers proceed to show their dedication to constructing the model, and that the followers preserve displaying up. There is no such thing as a excuse to undervalue the WNBA once more.”
The WNBAPA seems to be on the brink of begin negotiating their subsequent CBA with the WNBA subsequent 12 months and issues may get ugly.
