The WNBA Just Signed A Groundbreaking New Deal Worth More Money Than They’ve Ever Seen, And It’s All Because Of Caitlin Clark.
Caitlin Clark and Courtney Williams (Photo by David Berding/Getty Images).
The WNBA has signed a massive national media rights deal unlike any it’s ever seen before.
The league has been receiving lots of extra attention lately, much of which is due to the arrival of Caitlin Clark. And it’s set to get paid handsomely for it.
According to a report from The Athletic, the WNBA is set to receive around $2.2 billion over the next 11 years, having negotiated deals with Disney, NBC, and Amazon.
“The NBA negotiated the WNBA’s new deals during its just-completed rights talks, where it reached an agreement with Disney, NBC, and Amazon on an 11-year, approximately $75 billion set of contracts. The WNBA’s national media rights agreements are with those companies as well; ESPN, NBC, and Amazon will all have their own WNBA packages.”
The NBA’s board of governors approved the deals this week, but they aren’t official yet because Warner Bros. Discovery, TNT’s parent company, claims to have matching rights for a package but has yet to decide whether to use them.
The WNBA is set to receive roughly $2.2 billion over the next 11 years in media rights fees in its new deals — an average of $200 million a year — with an opening to earn more over that period — The Athletic (@TheAthletic) July 17, 2024
The WNBA Could Make Up To Six Times As Much As What They Make Currently, Thanks To Caitlin Clark
The WNBA’s current deals, set to expire after the 2025 season, are worth around $50 million a year. The new deals will pay around $200 million a year, but the league could make up to six times what it makes now as the new contracts allow them to bring in new partners, which is a huge possibility given Clark’s growing influence.
Two other rights packages are expected to be sold for an additional $60 million annually.
An agreement is also in place to revisit the rights deals in three years if interest in the WNBA continues to grow and the rights become undervalued.
WNBA commissioner Cathy Engelbert said earlier this year that she hoped the league would at least double its rights fees. It appears expectations have been far exceeded.
News
LeBron James faces backlash for ‘snapping’ at young fan after Olympics win, what’s going on
LeBron James has received backlash after he pointed in the face of a young kid who was asking for a picture following Team USA’s basketball Olympic gold medal LeBron James has been slammed for his interaction with a young fan (Image:…
Dave Portnoy banking on Caitlin Clark to win him $10m from ambitious wager
Barstool Sports CEO Dave Portnoy once again places a massive wager, picking Caitlin Clark and the Indiana Fever to win the WNBA title this October. Dave Portnoy has consistenly backed Caitlin Clark during her rookie year (Image: Getty Images) Barstool’s Dave Portnoy has launched…
Taylor Swift Blocks Kanye West From No. 1 Debut as ‘Tortured Poets’ Tops ‘Vultures 2’
Taylor Swift’s ‘TTPD’ scores a 14th week at No. 1 on the Billboard 200 chart with Kanye West’s ‘Vultures 2’ coming in at No. 2 Taylor Swift’s The Tortured Poets Department has earned its 14th week at No. 1 on the Billboard…
Shocking News: Just as Taylor Swift and Travis Kelce Romance Heats Up, Donna Kelce Revealed that Travis and Ex-Girlfriend Kayla Nicole are Expecting
In a surprising turn of events, the blossoming romance between pop superstar Taylor Swift and NFL player Travis Kelce has taken a dramatic twist. Just as the couple’s relationship appears to be heating up, it has been confirmed that Kelce…
Steph Curry ‘night night’ celebration explained as USA hero delivers iconic Olympics image
Stephen Curry produced an iconic moment in the final seconds of Team USA’s gold medal victory over France, draining a deep 3-pointer before celebrating with his signature ‘night night’ move Steph Curry performed his good night celebration as Team USA…
PHOTOS: Brittney Griner’s Wife Absolutely Stunned In Her Private “Dump” At The Paris Olympics
Cherelle Griner had the time of her life at the Paris Olympics as she cheered on her wife. Cherelle Griner (Photo by Elsa/Getty Images) Two years after serving time in Russian custody, Brittney Griner won her third Olympic medal as she helped…
End of content
No more pages to load