Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Why Cognition acquired Poke: AI personality is becoming a competitive advantage

July 24, 2026

Didi was involved in a prison fight and was placed in solitary confinement.

July 24, 2026

LeBron James leaves Los Angeles Lakers for Philadelphia 76ers | Basketball News

July 24, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » CBA has a huge impact on players’ bank accounts
Finance

CBA has a huge impact on players’ bank accounts

adminBy adminMarch 24, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


WNBPA president Nneka Ogwumike says the biggest outcome of the new CBA is players' bank accounts.

The National Women’s Basketball Players Association on Monday approved the terms of a new collective bargaining agreement, calling it “transformative” and “bigger than basketball.”

The new CBA begins this season and runs through 2032.

When WNBPA Chairman Nneka Ogwumike was asked to comment on the most important outcome of the deal, he had two words: “Bank account.”

“Being able to pretty much tie your value to your salary is everything we’ve fought for and been able to accomplish,” Ogwumike said in an interview with CNBC Sports.

The deal could increase a player’s average annual salary to $583,000 in 2026 and more than $1 million by 2032. Based on current WNBA financial projections, a player’s maximum annual salary could be $1.4 million in 2026 and increase to more than $2.4 million by 2032.

Ogwumike acknowledged that the salary increase could change players’ plans for how they spend their offseason.

The WNBA’s average salary in 2025 is $120,000, prompting many players to play overseas or in other leagues, such as the 3-on-3 league Unrivaled, to earn extra money.

Get CNBC Sports newsletters straight to your inbox

By Alex Sherman The CNBC Sports newsletter delivers the biggest news and exclusive interviews from the world of sports business and media to your inbox every week.

Get access now by subscribing here.

“Now that you can negotiate a structure tied to the bottom line of the business, a salary structure, your priorities for where you want to play will be very different,” Ogwumike said.

Several WNBA players, including five-time WNBA All-Star Napheesa Collier, have expressed a loss of confidence in WNBA Commissioner Cathy Engelbert in recent months, criticizing her empathy and communication with players. Ogwumike expressed optimism that the players will be able to work in tandem with Engelbert under the new CBA structure.

WNBPA President Ogwumike supports WNBA progress under Commissioner Cathy Engelbert

“I told her, Kathy, we’re standing here with you,” Ogwumike said. “We came to this deal and went through the process of this transaction, no matter how difficult or smooth it was, we were able to get here. It’s important that she understands that we’re accomplishing something historic. So I think there’s probably no better way to express that we’re resolving our differences and moving forward in a league that we all care about.”

Watch CNBC Sports’ full interview with WNBPA President Nneka Ogwumike.

—CNBC’s Jessica Golden contributed to this report.

Make CNBC your preferred source on Google and never miss a moment from the most trusted names in business news.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleRevolut gears up for US push, reports 2025 profit
Next Article Tiger Woods eyes Masters return to competitive golf at TGL | Golf News
admin
  • Website

Related Posts

Probability of interest rate hike sharply rises as oil prices soar

July 24, 2026

Traders focus on key ‘risk pivot’ level as S&P 500 sells off

July 24, 2026

This is the No. 1 way Americans spend their free time.

July 24, 2026

Justice Department rescinds subpoenas for NY Times reporters in investigation of Trump’s plane

July 24, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Didi was involved in a prison fight and was placed in solitary confinement.

By adminJuly 24, 20260

Sean “Diddy” Combs’ ex-girlfriend says she fainted after reading Kathy Ventura’s lawsuitJane said this on…

Teen Wolf’s Dylan Sprayberry gives birth to wife after converting to Scientology

July 24, 2026

Oprah Winfrey calls ‘Run On’ song a ‘terrible’ career mistake

July 24, 2026

Kim Kardashian jokes in Update Energy ad after failing bar exam

July 24, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Israel prepares major military operation in West Bank after killing of four Palestinians and two Israelis

July 24, 2026

Why Venezuela can’t get $4 billion in gold that could help with earthquake recovery

July 24, 2026

France sends boats to evacuate tourist destination Cap Ferret as wildfires rage

July 24, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.