Current:Home > InvestReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -Momentum Wealth Path
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-18 15:46:07
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! (67783)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Japan town that blocked view of Mount Fuji already needs new barrier, as holes appear in mesh screen
- Judge allows duct tape to be retested in Scott Peterson case, denies other requests: reports
- Ledecky says faith in Olympic anti-doping system at ‘all-time low’ after Chinese swimming case
- See you latte: Starbucks plans to cut 30% of its menu
- Former US senator from Indiana Joe Donnelly to step down as US ambassador to the Vatican
- US gymnastics championships: What's at stake for Simone Biles, others in leadup to Paris
- Cleveland father found guilty of murder for shoving baby wipe down 13-week-old son's throat
- Intel's stock did something it hasn't done since 2022
- Democratic Sen. Joe Manchin of West Virginia registers as independent, citing ‘partisan extremism’
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Kourtney Kardashian Reveals She and Travis Barker Keep Vials of Each Other’s Blood
- Biden campaign warns: Convicted felon or not, Trump could still be president
- Biden says questioning Trump’s guilty verdicts is ‘dangerous’ and ‘irresponsible’
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Trump trial jury continues deliberations in hush money case
- Congress Pushes Forward With Bill Expanding the Rights of Mining Companies on Federal Land
- Horoscopes Today, May 29, 2024
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Sofía Vergara reveals cosmetic procedures she's had done — and which ones she'd never do
U.S. planning to refer some migrants for resettlement in Greece and Italy under Biden initiative
BLM buys about 3,700 acres of land adjacent to Río Grande del Norte National Monument in New Mexico
All That You Wanted to Know About She’s All That
Trump Media shares recover after post conviction sell-off
Oil executives imprisoned five years in Venezuela sue former employer Citgo for $400 million
Are Beyoncé, Taylor Swift, Ariana Grande, Kylie Jenner all in a new Alexander Wang ad?