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Message: [QUOTE="TheFarmFan, post: 3237370, member: 9403"] I'm reminded of the late Senator Moynihan's quote, "Everyone is entitled to his own opinion, but not his own facts." -The League is barely 20 years old, not 30. -[URL='https://www.forbes.com/sites/howardmegdal/2018/11/19/wnba-cba-adam-silver-terri-jackson-discuss-stakes-and-the-grand-bargain/#642e4b205b7b']A simple google search reveals[/URL] that the league is half-owned by WNBA team owners, and half-owned by the 30 NBA team owners. -[URL='https://time.com/3839164/nfl-tax-exempt-status/']Another simple google search[/URL] would reveal that leagues can be organized as non-profits when all profits flow to team owners, which was the structure of the NFL until 2015 when it became too politically intolerable. -Because profits flow to team owners, the League itself is not even the salient entity, the teams are. [URL='https://www.espn.com/wnba/story/_/id/24247429/why-increasing-wnba-player-salaries-more-complex-think']Apparently around half generate profit in any given year[/URL]. -Collectively, the league has lost about $12m per year, recently, according to Adam Silver. But [URL='https://www.theringer.com/2019/5/23/18636580/wnba-crossroads-labor-cba-negotiations']as this article notes[/URL], it's not clear what he means by "the League," and it hasn't opened up its books to reveal if that means collectively revenue of all 12 franchises, etc. Is it strategic for the league to operate at a loss so the teams can operate at a profit, ala the old NFL structure? Who knows. That's a major point of contention for the upcoming CBA renegotiations. I learned all of this in five minutes on Google. I feel like a few minutes of due diligence could have resolved this for you. [/QUOTE]

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