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With just over a week remaining until the Jan. 9 deadline for a new WNBA collective bargaining agreement, the league and the Women’s National Basketball Players Association are not close to a deal, ESPN reported on Wednesday. The report indicates that the league and players association are very far apart on a number of basic points including what the revenue-sharing system, which the league currently does not have, could look like, what could be considered revenue and the process of accounting for expenses. The league is reportedly claiming that the latest proposal from the WNBPA (30% of gross revenue for the players and a salary cap of around $10.5 million) would not be sustainable for the league to survive, costing the WNBA approximately $700 million over the length of the pact. The last reported proposal from the WNBA side offered 50-plus-percent of net revenue (revenue subtracting expenses), raising average salaries from $120,000 to $530,000 and max salaries from $249,244 to $1.3 million immediately andRead More
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