The WNBA has experienced significant growth driven by superstar rookies Caitlin Clark and Angel Reese, resulting in record-breaking attendance, viewership, and merchandise sales. However, players' salaries remain modest compared to their male counterparts in the NBA. Clark and Reese earned about $76,000 and $74,000, respectively. Team valuations are expected to increase following a media rights deal with Disney, Amazon Prime, and NBCUniversal, boosting annual revenue from $60 million in 2024 to $200 million starting in 2026. However, the WNBA and its teams will lose about $50 million this year.
Category
🗞
NewsTranscript
00:00It's Benzinga, and here's what's on the block.
00:02The WNBA has experienced significant growth driven by superstar rookies Kaitlyn Clark
00:07and Angel Reese, resulting in record-breaking attendance, viewership, and merchandise sales.
00:12However, players' salaries remain modest compared to their male counterparts in the
00:16NBA.
00:17Clark and Reese earned about $76,000 and $74,000, respectively.
00:22Team valuations are expected to increase following a media rights deal with Disney, Amazon Prime,
00:27and NBCUniversal, boosting annual revenue from $60 million in 2024 to $200 million starting
00:33in 2026.
00:34However, the WNBA and its teams are projected to lose about $50 million this year.
00:39For all things money, visit Benzinga.com.