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Message: [QUOTE="NycUcWbbFan, post: 5350369, member: 13453"] Here are two articles on the WNBA CBA negotiations: [LIST] [*][1] [URL='https://sports.yahoo.com/wnba/article/wnba-cba-negotiations-whats-at-stake-what-players-want-and-whats-next-amid-historic-labor-fight-181019460.html']WNBA CBA negotiations: What's at stake, what players want and what's next amid historic labor fight - Yahoo Sports[/URL] [*][2] [URL='https://www.thesling.org/the-wnba-labor-dispute-is-just-another-choice-made-by-the-nba/']The WNBA Labor Dispute Is Just Another Choice Made by the NBA - The Sling[/URL] [/LIST] State of Play: [LIST] [*]The players’ association submitted its proposal binder in February; [*]The league countered with its proposal binder around the All Star Game in July and in August; [*]Currently (from August), the two sides agree on only [URL='https://sports.yahoo.com/wnba/article/wnba-cba-negotiations-whats-at-stake-what-players-want-and-whats-next-amid-historic-labor-fight-181019460.html#:~:text=Breanna%20Stewart%2C%20one%20of%20the%20union%E2%80%99s%20vice%20presidents%2C%20said%20progress%20was%20made%20on%20only%20two%20bullet%20points%20related%20to%20family%20planning%20and%20retirement%20benefits.%20No%20further%20progress%20has%20been%20reported%20since%20July.']two articles[/URL] (retirement benefits and family planning) out of reportedly 30+; [*]Pre-meditated lollygagging on one side? Unmindful of the rather [URL='https://www.nytimes.com/athletic/6714451/2025/10/14/wnba-offseason-cba-deadline/']congested offseason[/URL]? [/LIST] The root of the contention: [LIST] [*]Due to the WNBA’s ownership structure, the NBA [URL='https://www.thesling.org/the-wnba-labor-dispute-is-just-another-choice-made-by-the-nba/#:~:text=After%202002%2C%20the,in%20North%20America.']decides[/URL] &1 how “[URL='https://www.thesling.org/the-wnba-labor-dispute-is-just-another-choice-made-by-the-nba/#:~:text=Of%20course%2C%20this,about%20financial%20losses.%C2%A0']profitable[/URL]”WNBA teams look on [URL='https://www.espn.com/wnba/story/_/id/46578464/wnba-2025-collective-bargaining-agreement-cba-negotiations-salaries-rev-shares-lockout-engelbert#:~:text=One%20of%20the,that%20seemed%20stagnant.']opaque[/URL] and [URL='https://www.sfchronicle.com/sports/article/wnba-owners-players-craft-new-cba-free-agency-21092984.php#:~:text=%E2%80%9CThat%E2%80%99s%20a%20vacuous,the%20WNBA%20team.%E2%80%9D']vacuous [/URL]paper; [*]There’s the [URL='https://www.thesling.org/the-wnba-labor-dispute-is-just-another-choice-made-by-the-nba/#:~:text=It%20is%20important,in%20the%20future.%C2%A0']low-ball media rights deal allocation[/URL] (allegedly siphoning $6B-$8B over 11 years); [*]There’s the [URL='https://sports.yahoo.com/wnba/article/wnba-cba-negotiations-whats-at-stake-what-players-want-and-whats-next-amid-historic-labor-fight-181019460.html#:~:text=The%20players%20are,and%20jersey%20revenue.']carve-out of other basketball-related income[/URL] (e.g. media rights deal, team ticket sales, merchandising) from revenue sharing; [*]There’s the [URL='https://www.theringer.com/2025/10/14/wnba/wnba-cba-contract-cathy-engelbert-adam-silver-unrivaled#:~:text=But%20the%20entirety%20of%20the%20player%20salaries%20%28and%20the%20league%E2%80%99s%20overall%20operation%20costs%29%20comes%20out%20of%20just%20the%20pockets%20of%20the%20WNBA%20team%20owners%2C%20who%20represent%20the%20remaining%2042%20percent%20of%20overall%20WNBA%20ownership%2C%20even%20though%20revenue%20flows%20to%20all%20owners.']entirety of costs coming solely out of the WNBA teams’ pockets;[/URL] [*]Revenue sharing is part of the WNBA teams’ costs; [*]in the current CBA, there is an [URL='https://the-boneyard.com/threads/napheesa-has-her-say-on-wnba-leadership.209446/post-5343881']opaque and vacuous metrics-driven convoluted formula[/URL] to determine the players’ slice, if any, of the slice the NBA allows to trickle down to players; [*]in its July/ August proposal, the NBA proposed — in a [URL='https://www.espn.com/wnba/story/_/id/46578464/wnba-2025-collective-bargaining-agreement-cba-negotiations-salaries-rev-shares-lockout-engelbert#:~:text=%22It%27s%20basically%20the,staying%20the%20same.%22']redux[/URL] of the current CBA framework — a growing players’ share but [URL='https://sports.yahoo.com/wnba/article/wnba-cba-negotiations-whats-at-stake-what-players-want-and-whats-next-amid-historic-labor-fight-181019460.html#:~:text=%E2%80%9CBased%20on%20what,percentage%20over%20time.%E2%80%9D']capped at a fixed percentage of “revenue” for the life of the CBA[/URL]; presumably, it is much lower than 50%, and the difference is to allow &1 owners &2 “[URL='https://sports.yahoo.com/wnba/article/wnba-cba-negotiations-whats-at-stake-what-players-want-and-whats-next-amid-historic-labor-fight-181019460.html#:~:text=%E2%80%9CThat%27s%20why%20I%27m,that%20can%20continue.%E2%80%9D']a path to (opaque) profitability and continued investment[/URL]”. [/LIST] &1 This smells like an ownership dividend (alternatively, an equity and an asset-backed security) in perpetuity, where owners (e.g. the 16% private investors) not only benefit from increased valuations but also from a stream of payments. The 58% owners (NBA+private investors) don’t necessarily have a burning direct urge to reinvest in the WNBA. &2 Natasha Cloud was [URL='https://sports.yahoo.com/wnba/article/wnba-cba-negotiations-whats-at-stake-what-players-want-and-whats-next-amid-historic-labor-fight-181019460.html#:~:text=%E2%80%9CThis%20new%20CBA,it%20as%20well.%E2%80%9D']more direct in clamoring for a change in types of owners[/URL]. Maybe she had the change in ownership of the NY Liberty [URL='https://www.reddit.com/r/wnba/comments/1kixdro/with_the_new_york_liberty_clara_wu_tsai_aims_for/']from James Dolan to the Tsai’s[/URL] (and also the Aces’[URL='https://www.profootballnetwork.com/wnba/aces-owner-mark-davis-snubs-cba-talks-after-being-fined-by-wnba/'] Mark Davis[/URL]) in mind. [/QUOTE]

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