Current:Home > reviewsReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -VisionFunds
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-15 20:51:23
WNBA commissioner Cathy Engelbert actually set her sights too low in April when she said she wanted the league to double its current national media rights fees.
The current national media contracts, though the 2025 season, average about $50 million annually. The WNBA's new deal with ESPN, Amazon and NBC, approved Tuesday, will pay the league about $2.2 billion over the next 11 years for an average of $200 million a year — and it could be even more lucrative, The Athletic reported.
Call it part of the Caitlin Clark Effect. Engelbert made her comment in anticipation of a huge growth in popularity for the WNBA on the eve of the league draft, when the Indiana Fever made the college phenom out of Iowa the No. 1 pick.
The WNBA partnered with the NBA, which negotiated the contracts as part of its own rights talks resulting in an agreement with Disney, NBC and Amazon on approximately $75 billion over 11 years. The NBA's board of governors approved the new terms, which are still pending.
The WNBA's current media partners are Disney, Ion, CBS and Amazon. The Athletic reported that in addition to the next deal, the WNBA could negotiate with new partners on two other separate rights packages to total another $60 million annually.
That new total could pay the WNBA more than six times its current fees. The league and its media partners also have agreed to revisit the rights contracts in three years to measure the value against the league's growth, The Athletic reported.
The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
veryGood! (22)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Warming Trends: Penguins in Trouble, More About the Dead Zone and Does Your Building Hold Climate Secrets?
- Former Top Chef winner Kristen Kish to replace Padma Lakshmi as host
- Here's what the latest inflation report means for your money
- Meet first time Grammy nominee Charley Crockett
- Friends Actor Paxton Whitehead Dead at 85
- How Beyoncé and More Stars Are Honoring Juneteenth 2023
- Thom Browne's win against Adidas is also one for independent designers, he says
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- The Biden EPA Withdraws a Key Permit for an Oil Refinery on St. Croix, Citing ‘Environmental Justice’ Concerns
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- Inside Clean Energy: Here Is How Covid Is Affecting Some of the Largest Wind, Solar and Energy Storage Projects
- Travelers can save money on flights by skiplagging, but there are risks. Here's what to know.
- U.S. files second antitrust suit against Google's ad empire, seeks to break it up
- Skins Game to make return to Thanksgiving week with a modern look
- The tax deadline is Tuesday. So far, refunds are 10% smaller than last year
- Ecuador’s High Court Affirms Constitutional Protections for the Rights of Nature in a Landmark Decision
- America, we have a problem. People aren't feeling engaged with their work
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Bank of America created bogus accounts and double-charged customers, regulators say
Congress tightens U.S. manufacturing rules after battery technology ends up in China
A recession might be coming. Here's what it could look like
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Inside Clean Energy: With a Pen Stroke, New Law Launches Virginia Into Landmark Clean Energy Transition
Jennifer Lopez's Sizzling Shirtless Photo of Daddy Ben Affleck Will Have You on the Floor
Read Jennifer Garner's Rare Public Shout-Out to Ex Ben Affleck