WNBA suggests a salary cap exceeding $1.1 million in negotiations.

In New York, the Women's National Basketball Association (WNBA) is considering a groundbreaking collective bargaining proposal that could potentially elevate player salaries significantly, a source familiar with the matter revealed.

During recent meetings, WNBA officials briefed the board on the proposed changes, which would introduce revenue sharing and potentially offer a maximum salary exceeding $1.1 million to multiple players on each team, with increments expected annually, according to the source.

Under this new proposal, the minimum salary in the league would surge to over $220,000, while the average salary could exceed $460,000, marking a significant increase for the players involved.

These adjustments would come into effect in the initial year of the agreement and are anticipated to escalate over the course of the Collective Bargaining Agreement (CBA), benefiting more than 180 players, the source noted.

Originally set to expire on October 31, the current CBA deadline has been extended to November 30, offering additional time for discussions between the WNBA and the players' union to finalize a potentially game-changing deal, particularly in terms of player compensation.

Last year, players chose to opt-out of the standing CBA to pursue various enhancements, including augmented revenue sharing, higher pay scales, enhanced benefits, and a more flexible salary cap structure. Following the 2019 CBA expiration, a 60-day extension was agreed upon, eventually leading to the ratification of a new CBA in January 2020.

Initial reports on the latest WNBA CBA proposal were first disclosed by The Associated Press, with contributions to this report from The Associated Press and sports journalist Alexa Philippou.