Current:Home > FinanceReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -Visionary Wealth Guides
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
Ethermac Exchange View
Date:2025-04-07 00:34:12
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! (35)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Paul Walker's Brother Cody Names His Baby Boy After Late Actor
- In Cities v. Fossil Fuels, Exxon’s Allies Want the Accusers Investigated
- Pregnant Ohio mom fatally shot by 2-year-old son who found gun on nightstand, police say
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Senate 2020: In Storm-Torn North Carolina, an Embattled Republican Tries a Climate-Friendly Image
- Arizona GOP election official files defamation suit against Kari Lake
- Is gun violence an epidemic in the U.S.? Experts and history say it is
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Biden taps Mandy Cohen — former North Carolina health secretary — to lead CDC
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- The world's worst industrial disaster harmed people even before they were born
- He was diagnosed with ALS. Then they changed the face of medical advocacy
- Taylor Swift Seemingly Shares What Led to Joe Alwyn Breakup in New Song “You’re Losing Me”
- Federal hiring is about to get the Trump treatment
- In Latest Blow to Solar Users, Nevada Sticks With Rate Hikes
- OceanGate co-founder voiced confidence in sub before learning of implosion: I'd be in that sub if given a chance
- Helping the Snow Gods: Cloud Seeding Grows as Weapon Against Global Warming
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Wyoming's ban on abortion pills blocked days before law takes effect
Honeybee deaths rose last year. Here's why farmers would go bust without bees
Exxon’s Sitting on Key Records Subpoenaed in Climate Fraud Investigation, N.Y. Says
Rylee Arnold Shares a Long
The Most Jaw-Dropping Deals at Anthropologie's Memorial Day Sale 2023: Save 40% on Dresses & More
Just hours into sub's journey, Navy detected sound consistent with an implosion. Experts explain how it can happen.
Most-Shopped Celeb-Recommended Items This Month: Olivia Culpo, Ashley Graham, Kathy Hilton, and More