The author explains that the earning differentials between women and men basketball coaches in the college level, attributes to occupation rather than the coaches gender. According to aForbes analysis, NBA teams brought in around $5.9 billion in revenue in 20152016. Boardroom brought She shoots guns, spins pirouettes, and punched Halle Berry in a movie. Two years ago, WNBA icons Diana Taurasi and Sue Bird worked with USA Basketball to hatch a plan in which prospective members of the 2020 U.S. Olympic team could make up to an additional $100,000 if they trained together in the offseason. If we wanted our own room we had to pay the difference. For those of you who are unfamiliar, the table on the right conveys the same information. A number of female actresses have spoken out about their pay inequality, such as Diane Keaton, Meryl Streep, and Amanda Seyfried. This article originally appeared on GOBankingRates.com: How Much Do WNBA Players Make? Get equipped to improve your game with our partnerWilsons cool basketballs and support Queen Ballers Club. The average WNBA salary for the 2020-21 season was $120,648, according to Yahoo Finance. For picks No. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996. Thats up from $6.4 million in 2019. The NCAA has turned into a new form of indentured servitude by essentially taking players and locking them into a straight jacket as money is flying around their talents. The WNBA gets paid and average of $46,000 per year, while the NBA gets an average salary of $5 million per year. There, legend Billie Jean King raised the issue of unequal pay, lobbied hard, and then threatened to sit out. That pay boost, they said, would encourage more players to work out together, build a rapport ahead of the Olympics and provide a financial incentive to bypass big money to play overseas in their WNBA downtime. The average salary is between $5,000 and $6,000. Top Names: Most Successful Athlete From Every Decade. A counterpart female will make 35% less then what male were paid in the same field with exact same background and experience (Louis). Lisa Leslie, a WNBA star, stated It would be nice getting more fans to support the WNBA and more women supporting women in sports (Martin). And LSUs Kim Mulkeys contract incentives range from $10k-150k, depending on the accomplishment from SEC Coach of the Year to NCAA Tournament rounds. Jul 13, 2022. Yes, WNBA betting is a thing, an established option at most online sportsbooks for real money. Since men bring more revenue to the sport, it has greater capacity to allow larger payout. Data provided by HighPostHoops.com 2023 Cap Hit Rankings Follow Spotrac Golf Soccer Racing Tennis News Podcasts WNBA Teams Cap Tracker Positional Spending Contracts Top Salaries Free Agents Draft Tracker Transactions Kim Mulkey was previously the highest paid coach in the country at Baylor, and many expected her career would finish there. There are only 14 players making $200,000 or more, according. In the US, thats a decent wage, in general, considering theUSCensus Bureau listed the annual median personal income at $35,805 in 2020. As a result, the WNBA does not generate revenue. NBA players get roughly half of all league revenue before expenses. The Lynx led the 12-team league in overall team merchandise sales on WNBAStore.com during the 2017 season, while more people bought Delle Donne's jersey than anyone else's. Delle Donne's team, the Washington Mystics, were the second-most popular, just ahead of the Seattle Storm . Its creation officially got approved on April 24, that year, by the NBA Board of Governors, and it began as a twelve-team competition whose initial season debuted in May 1997. This occurs in even in occupation where female dominates such as nursing. In terms of raw numbers, the WNBA generates roughly $60 million in revenue every season. Even 50% of a smaller pie is still a smaller slice. They look to buy low on big underdogs and bet on bad teams coming off a win. A Quick Recap of Grant Hills Injury History. Up next, check out how to become a WNBA fan. (The full details can be read here .) According to CNBC, WNBA players earn 20 percent of an NBA player's minimum salary. At that point, an elite player quickly begins nearing the maximum WNBA salary, while an average players salary increases more gradually. How Much Money Do WNBA Players Make? $7.7 million. In 1980 only half of the women joined the workforce compared to 80 percent of males, they earned 55 cents for every dollar a man makes. The average salary for WNBA players for the 2022 season was $128,369, HerHoopStats.com reported. Subscribe to our newsletter to get the latest news when it matters most, Diana Taurasi will earn the WNBA's supermax salary in 2022. In her 16-year career, she won many awards and titles, including ten WNBA All-Stars, three WNBA . Whereas womens competition in tennis doesnt bring as much revenue, resulting in a smaller capacity to increase the amount of payout available. For perspective, there are more professional astronauts in the world (560) than WNBA players (144)! What is the league average of salaries in the WNBA? Without that financial weight, the WNBA still does a decent job at making sure its players can live good lives. 1 overall pick in the WNBA draft. Taurasi and Bird are among the group of WNBA players who are making the supermax salary of $221,450 in 2021. The WNBA gets paid and average of $46,000 per year, while the NBA gets an average salary of $5 million per year. The average NBA referee income might reach $10,000 per NBA game in the first several rounds of the playoffs. So just what is the net worth of a veteran player in each league? in the WNBA are on the up and up! Ethan Miller via Getty Images The average WNBA salary is $128,369, according to HerHoopStats.com. Multiply that by 2,614,000 tickets sold average game attendance was 6,535 fans times 40 games), and in2016 signed a deal with ESPN increasing what the network pays to broadcast games from $12 million to $25 millionper season. The WNBA says players can make up to half a million dollars or more annually for four months' play between salary, bonuses, in-season tournaments and league and team marketing deals.. From the ways that athletes, executives, musicians and creators are moving the business world forward to new technologies, emerging leagues, and industry trends, Boardroom brings you all the news and insights you need to know At the forefront of industry change, Boardroom is committed to unique perspectives on and access to the news, trending topics and key players you need to know. They do not include any bonuses, other incentives, or sponsorship deals. The latter is home to the strongest womens teams in Europe. Unlike their NBA counterparts, the WNBA season is much shorter and the pay much less. That means the other $10 million is generated through things such as food and merchandise. I was very excited to see Lindsay Whalen and Monica Wright play at Target Center this past Sunday. The gap between men and women has always seemed to be prevalent in our world it seems like it. So the future looks bright, but what exactly can make the future brighter? In 2020, DeWanna Bonner, Elena Delle Donne, Emma Meesseman, Liz Cambage, Brittney Griner, Skylar-Diggins Smith, and Sue Bird were the highest paid players at $215,000 when only considering base salary. In a word? To overcome that deficit, the WNBA is actively subsidized by the NBA. Obviously, a mountainous wage gap exists between the NBA and WNBA that will not get evened out anytime soon, or likely ever. We over here looking for a M but Lord, let me get back in my lane.. And it sure did reignite the debate on gender pay inequality. For the first four picks, the base salary is around $72,000. Mercury G Diana Taurasi: $228,094 (WNBA max salary) Contract: 2 years, $449,544 Average annual value: $224,772 t-1. So the lowest paid WNBA players in 2022 are mostly the new rookies, each of whom will earn $60,471. The WNBA has pledged to work with its affiliated leagues, teams and sponsors to provide off-season job opportunities designed to prepare players for their post-playing careers. The average WNBA salary for the 2020-21 season was $120,648, according to Yahoo Finance. So, this was a big sticking point for everyone in the 2020 CBA negotiations. This statistic shows the revenue of the National Basketball Association (NBA) from sponsorship between 2010 and 2022. According to a 2020 WNBA announcement about the collective bargaining agreement, the average salary for a WNBA player is nearly $130,000. Added workplace accommodations will provide a comfortable, safe and private place for nursing mothers. For perspective-sake, the average NBA salary in 1995 was $1.45 million, and it totaled $0.87 million in 1991. And that really is the story of sports. Each had a salary of $228,094 for this season. In professional sports, for example, female athletes are paid less than their male counterparts, even if they execute better than them. The average income of an NBA referee may range between $180,000 and $550,000 per year. What is Allen Iversons Height and Wingspan? The agreement guarantees that the top players in the league eventually will earn in excess of $500,000 annually and that the average pay will reach $130,000. Women have been playing basketball alongside men since the beginning of basketball. As a result, at that point, almost three-quarters of WNBA players were playing for teams abroad, as overseas womens basketball salaries help carry WNBA players year round. Geno Auriemmas previous contract held a bonus of more than $130,000 for reaching the Final Four. The contract, which runs through 2027, pays players an average of $130,000, with the top stars able to earn more than $500,000 through salary, marketing agreements, an in-season tournament and bonuses. Diana Taurasi, Breanna Stewart and Jewell Loyd are the WNBA's highest-paid players. So, the WNBA does not make money. What Is The lowest Salary In The WNBA A WNBA player earns $56,375 as a minimum salary if she has three or more years of service. 154M .. must. An NBA roster consists of a maximum of 15 players and a minimum of 12. Specifically, in 2016,Hispanic or Latina,black or African American,American Indian or Alaska Native (AIAN), and Native Hawaiian or other Pacific Islander (NHPI)women had lower median annual earnings compared with non-Hispanic white and Asian women full-time workers. #WNBAStandard max: $196,267 (2022) $202,154 (2023)JJ: $205,000 (2022) $211,150 (2023)Super max: $228,094 (2022) $234,936 (2023) https://t.co/fhuZtmeEmE. How much a WNBA rookies makes depends on where she was drafted. Because without them leveling up, too, the women will have a much harder time taking the game to the next level. He is slated to make $228.2 million in a five-year contract that begins next season. Under theNBA-NBPAs collective bargaining agreement, the minimum team salary is $91.862 million. WNBA Salaries Range from Just Under $42,000 to $127,500. The average WNBA player makes roughly $130,000 a year, and rookie or first-time contracts have a minimum of $57,000 a year. The NBAs, The gender wage gap is when male and female income differentiate. With some, such as Washington Mystic Kristi Toliver, juggling three teams. Check out the following sections to learn more. If you enjoyed this, would you be willing to send a $5 tip to our Venmo tip jar because it helps support this site and our reporting? Thats tremendous progress considering that just five years ago in 2016, the maximum income a player could earn was $109,000. In 2021, there will be 32 games during the season. This guide will cover the WNBAs profitability in two parts. On the other hand, the NBA capped teams at $101.869 million for the 201819 season. Tune in each year during the WNBA free agency period to find out how this changes. In 2021, Diana Taurasi, Sue Bird, Elena Delle Donne, Brittney Griner, Skylar Diggins-Smith, DeWanna Bonner, and Liz Cambage were the highest paid WBNA players. But there is still a significant amount of work to be done to compensate our female athletes correctly. The current league minimum for salaries falls in the $925,258 to $2.6M annual range, depending on a players experience level. The top cumulative contracts are four-year deals worth $899,480. It doesnt seem like its going anywhere anytime soon, especially since its been around for nearly thirty years and still has a solid fan base, but theres no doubt the owners wish it would generate more income. It depends on when they're selected in the WNBA draft. And how about another veteran, LeBron James of the Los Angeles Lakers, who is in his 18th season? That may sound like a lot, but when matched up against the $70 million the league costs to run, it actually loses roughly $10 million with each passing year. College basketball player should be paid for these reasons they put their bodies at risk, they dont have money, and they skip classes for basketball. Since the WNBA's salary cap is much lower than in other professional sports leagues, very few players earn this maximum allowed salary. Though college coaches make more than WNBA coaches, here well take a look at college coaches salaries as a very loose reference point. Now she has gone where no WNBA player has gone before -- the cover of NBA 2K22. One of the players making one of the lower salaries at $57,000 for 2020-21 is Arike Ogunbowale. That's an average of $4,012 for each game of the WNBA's 32-game season. As the WNBA actively loses money, paying players at a similar rate would just bankrupt the league. Just think your a college basketball player working hard and the top of your team it all good on the court but outside of basketball you are struggling to get money. Though, the gap will still be wide, because the womens total revenue will be much smaller than the mens. Only time will tell if such measures work to create more revenue. Followed by Chris Paul at $38.5 million. From the above graph we derive these facts: The average NBA player earns approx 3% of their team revenue in 2017; The average WNBA player earns approx 1.5% of the . Most recently, Kim Mulkeys deal with LSU is set to pay Kim $2.5 million in year one, and will increase to north of $3 million by the end of the deal which runs through 2028-2029, an LSU official told TheAthletic. The new eight-year CBA, which began with the 2020 season and runs through 2027, provides the foundation to chart a new course for womens professional basketball. Thats less than an eighth of what an NBA rookie makes ($820,000) on average. People outside North America rarely explore this option at their chosen sportsbooks, and the same goes for most American bettors. Are Tracy McGrady and Vince Carter Cousins. If you take that number, compare it against the $16.68 average ticket price, and then multiply it out by 12 teams playing 32 games you get roughly $50 million in ticket sales for a whole season. The team salary cap now stands at $112.414 million, and the leagues highest-paid player is Stephen Curry. To have the CommissionersCupcome to life in this historic 25thWNBA season [was] a testament to the players, fans, partners and WNBA teams who have supported and driven innovation at the league, said WNBA Commissioner Cathy Engelbert. And insist that your friends watch the WNBA as fervently as you do. That puts it as one of the most successful businesses in the world. Since its start in 1996, it has averaged a $10 million net loss (sales minus costs). Losing in third round will earn the player $2,839; a second-round loss nets $1,803; and a first-round loss nets $1,136. Wilson, obviously, will look for a sharp increase in pay when it comes to her next contract. The lowest-paid player in the WNBA is Mercurys Kaela Davis. The remuneration of NBA referees also increases to match. To kick off this article we first need to address the core question at hand: is the WNBA profitable. Yet, many females in the industry have a different viewpoint. Today, women make up about half our workforce. How much do WNBA players make 2020? So, many American women b-ballers look at playing overseas as a necessary part of life in the offseason or moving abroad full-time. Under the new CBA, the league's top players will be able to earn cash compensation in excess of $500,000, representing a more than tripling of the maximum compensation under the prior deal. Required fields are marked *. While I dont actively keep up with the WNBA, I have played and watched basketball for nearly three decades. The average for the 2018 . It has turned an average $10 million net loss (revenue - costs) per year, since its inception in 1996. . In October, the Chicago Sky broke through. Subscribe to get the latest articles first. The average salary for a WNBA player in 2012 was $72,000, while the median for rookie players was somewhere around $35,000. When Title IX was enacted in 1972, women led ninety percent of womens teams. In 2019, this figure stood at a base salary of $75,180 per player. Copyright 2023 IPL.org All rights reserved. Minimum of $750,000 in prize money for special competitions beginning with the 2021 season. How much do refs make in the NBA? Diana Taurasi. The WNBA needs to fix this fast now that this is horrific the way the female athletes are being, These women athletes need to be paid equally as much as men. How much does the average WNBA player make? Women in sports can compete the same, and sometimes even stronger, as men so their pay should just be as much as them, and the gender pay gap shouldnt be present. The Golden State Warriors superstar gets paid $45,780,966 per year to play for the San Francisco-based franchise. Heres the breakdown: The WNBA brought in a minimum of $45 million through ticket sales (the average median ticket price found on WNBA.com in 2019 was $17.42. Furthermore, the WNBA team owners dont like it, because their talent can get hurt, which can cost them their season (for example, Alysha Clarks injury ahead of the 2021 season). Women, on the other hand, make a considerable amount less. Although WNBA players do not draw as large of crowds as men, women who play in the WNBA should be given an increase in the amount they are paid because women can be just as skilled as men who play basketball, and they are not paid enough despite being professional athletes. Interestingly, the base salary for the same pick and years of experience increases by 3% year over year. If they've been raising more money, then more is available to pay its athletes. While the top NBA contracts exceed $40 million for the usual 82-game regular season or around $487,800 per game just seven WNBA players will make the leagues supermax salary of $221,450. They have played physical and hard games, just like men, but women are still paid incredibly low. Thats a lot more ($525,186 half a million!) In an interview, Meryl Streep disclosed the fact that she does not get paid the same amount that her co-stars that are male do (BBC). But even against these odds male in nursing typically make $5,000-%10,000 more than their counter part female. Each player made the maximum base salary of $221,450. Not only do Thomas Frank's side average the highest shot quality in the league (0.14 xG per shot), they also concede the lowest shot quality on goal (0.08 xG per shot conceded). He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. (Ethan Miller/Getty Images). As cored, unrestricted free agents, and free agents get settled onto their teams, well update their salaries below. To make a satisfactory wage, the three-time WNBA champion gave up summers, time with her family and her wife, to play overseas. Though, often refs can make more in playoffs and finals games. As you might imagine, no company or organization would be able to survive losing $10 million a year. Obviously this overseas continual play is hard on the players physical and mental well-being. Then, we go inside their first event and explore how the sport continues to grow. It is $70,040 for one that features an obligation that bounds a player to be a part of a specific team for more than three. In fact, there are fewer women coaches today than ever before. How Much Does a WNBA Basketball Player Make? While the top NBA contracts exceed $40 million for the usual 82-game regular season or around $487,800 per game just seven WNBA players will make the league's "supermax" salary of. When asked if overseas money was life-changing by 60 Minutes, Sue Bird said it was for her. Though, its worth nothing, that even that new maximum is still a fraction of the millions that top womens players earn overseas in Russia, China, and Turkey. The average salary for WNBA players for the 2022 season was $128,369, HerHoopStats.com reported. Of course, the NBA waterboy salary is lower than the NBA players, and the difference is quite justified, it is way more than what players of the G-league make. Follow him on Twitter @RealFakeSamDunn. How Rich are Michael Jordan, Alex Rodriguez And 13 More Incredibly Wealthy Retired Athletes? There are only 14 players making $200,000 or more, according. And for the first time in WNBA history, the average cash compensation for players will exceed six figures, averaging nearly $130,000 claimed the WNBA prior to the 2020 seasons start resulting in an increase for all players from rookies to veterans. This is to be expected. So why is such a vast discrepancy between the wages of male and female athletes still acceptable? than the womens $58,710 minimum in 2021. So it appears the gender wage gap in professional basketball is worsening. Are the salaries that women athletes get paid to play at one of their sports most prestigious stages adequate? Finally, a joint Nutrition Council committed to identifying resources and address proper nutrition to optimize athletic performance was added. The NBAs revenue split is much higher (50-50), but thats simply because the league has a lot more money to throw around. The biggest win here is the revenue sharing, which was set to start in 2021, allowing players an opportunity to profit as they drive profit. The WNBA makes $60 million in income each year, but it also incurs expenses in excess of $70 million. WNBA players get paid a lot less than the NBA players. How Rich Are LeBron James, Steph Curry and Other NBA Stars? WNBA players are paid significantly, Even though the WNBA is not as popular as the NBA does not mean that the WNBA players should be paid as little as they do. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996. Past revenue sharing was tied to ticket sales and provided 20%-30% of league revenue for the players. We are going to mention some famous NBA players who want from fame and riches to being . Who are the top paid athletes in the league? Buy tickets and merchandise. That has been update to 50% with more reasonable goals. As of 2014, the average salary of WNBA players stands at $72,000 per year, with the league minimum at $37,950 and the top salary at $107,000 for players who have been in the league for six years or more. (How Much Money Do WNBA Players Make?). Dollar figures via Spotrac based on a 2022 salary cap of $1,379,170. Thats not anything close to NBA players, but its still pretty good pay for playing a game. (Gerencer). Diana Taurasi, for example, makes . Consequently, when a line moves, it is likely due to sharp action coming in at a bookmaker. Your email address will not be published. Who is the lowest-paid player in the WNBA? Among 1998 high school graduates more women enrolled in college than men, women owned 5,417,034 non-farm businesses in 1997 and own nearly 72 percent of firms operating in the retail trade business.Women earn less because they tend to work at low paying jobs like education and retail and men tend, All around the world women are being paid unfairly. Get on our list for weekly sports business, industry trends, interviews, and more. As an Amazon Associate I earn from qualifying purchases. You can see how the gap was previously quite wide at 30%. This topic has been of interest to many athletes for some time now, many of whom would be likely to agree that athletes should be paid on their abilities and physical feats rather than for equality. (Gerencer). It still does a good job of bringing in fans, especially for a female league, but it still hasnt been able to earn enough money to stay profitable over time. For Russia that number tripled to $325,000 per season. Two years ago, though, it was reported that the average WNBA salary was $75,000. How much a WNBA rookies makes depends on where she was drafted. The Princeton women 's basketball team did something no other Ivy League men 's team had done before, racking up 30 wins and zero losses. The WNBA generates revenues of $60 million annually, but it also has costs in excess of $70 million annually. But of course, that doesn't include his sponsorship deals. How much do WNBA players make? Out of 157 WNBA players, 89 of . That number doesnt get any better when you look back. Big Losses: Pro Athletes Who Have Lost Millions of Dollars. In Part 2 of our look inside the Brooklyn Aces, we see how the team was drafted. Each opportunity they get, they continue to fight for a higher WNBA salary. In the NBA, the minimum salary is $898,310 more than four times what Taurasi and Bird make this season and about the same for the top four-year WNBA deals. Now, players can receive their full salary while on maternity leave. At the end of the day, the WNBA is not nearly as popular as its male counterpart. The WNBA season officially kicked off on May 15, 2010. That helps fill the gap and keeps the lights on for the league. If a player won the top most award in each category, theyd add $32,000 to their pay for the year. Your email address will not be published. The WNBA and the players union reached a deal on an eight-year collective bargaining agreement through the 2027 season prior to the 2020 campaign. That frankly is an ignorant perspective, but if you havent had the opportunity to see a game, a player, or experienced the game, then perhaps you have an uninformed perspective. The minimum base level salary is that of a player with zero to two years of experience, which is $60,471. How much do WNBA rookies make? In 2020, the leagues latest collective bargaining agreement bumped the maximum salary for the highest-paid players from $117,500 to $215,000. Now, what many readers may find surprising is that there are non-American female basketball leagues that pay better than the WNBA. The league doesnt break down its revenue by source. For 2021-22, two-time MVP Giannis Antetokounmpo of the Milwaukee Bucks will have the highest average salary at $45.6 million per season. Eventually, Ban Deodorant stepped in to offer equal pay. Fellow U.S. Olympians Skylar Diggins-Smith and Brittney Griner also make the maximum salary, as do DeWanna Bonner, Liz Cambage and Elena Delle Donne. That paltry amount is probably why. No. The average 2022 WNBA salary currently is $108,085, as of April 8th, 2022. A spot in the WNBA is one of the hardest jobs in the world to get. Just think a college basketball player working hard and the top of their team it all good on the court but outside of basketball they are struggling to get money. Half of the NBA player's average salary is more than $2.5 million and the NBAs minimum salary is $473,604. Given an estimated $6 billion in qualifying NBA league revenue, The NBAs sport, basketball,is much less risky to the athletes physical well being, than the NFLs sport, which is obviously football.