The WNBA's latest collective bargaining proposal would include revenue sharing with a maximum salary of more than $1.1 million available to more than one player per team growing each year, a source confirmed to ESPN on Tuesday.
WNBA officials updated the board on the latest proposal at meetings this week. The new league minimum would be more than $220,000 with an average of more than $460,000, according to a source.
Those numbers would start in the first year of the deal for more than 180 players and increase over the length of the CBA, the source said.
The current CBA was set to expire Oct. 31, but the WNBA and the players' union agreed to extend negotiations to Nov. 30, allowing more time to negotiate a deal that would be revolutionary for the players in terms of salary.
People familiar with the WNBA's latest proposal described the plan to The Associated Press, which first reported on the league proposal, as a highly lucrative package providing substantial increases over prior years and designed to bring negotiations to a quick conclusion.
The players exercised their right to opt out of the CBA last year with hopes of getting, among other things, increased revenue sharing, higher salaries, improved benefits and a softer salary cap. When the last CBA expired in 2019, both sides agreed to a 60-day extension with a CBA eventually ratified in January 2020.
ESPN's Alexa Philippou contributed to this report.
