Current:Home > FinanceReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -FinanceMind
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-14 09:26:18
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! (43387)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- 3 arrested after welfare call leads to removal of 86 dogs, girl and older woman from California home
- Christine Quinn's Husband Christian Dumontet Arrested Again After Violating Protective Order
- Biden administration forgives $6 billion in student debt. Here's who qualifies for forgiveness.
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Gavin Rossdale Details Shame Over Divorce From Gwen Stefani
- Massachusetts Senate passes bill aimed at outlawing “revenge porn”
- Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
- Buckingham Palace staff under investigation for 'bar brawl'
- What channel is truTV? How to watch First Four games of NCAA Tournament
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- The ‘Aladdin’ stage musical turns 10 this month. Here are the magical stories of three Genies
- March Madness second round dates, times for 2024 NCAA Tournament
- Crews battle scores of wildfires in Virginia, including a blaze in Shenandoah National Park
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- As Ukraine aid languishes, 15 House members work on end run to approve funds
- Florida city commissioner accused of spending 96-year-old's money on facelift, hotels
- Georgia Republicans reject Democrats’ final push for Medicaid expansion
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Chipotle announces 50-for-1 stock split. Here's what investors need to know.
Two-time LPGA major champion So Yeon Ryu announces retirement at 33
Lisa Ann Walter would 'love' reunion with 'The Parent Trap' co-star Lindsay Lohan
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Milwaukee's Summerfest 2024 headliners: Toosii joins lineup of Tyler Childers, Motley Crue
February home sales hit strongest pace in a year as mortgage rates ease and more houses hit market
Ohio police share video showing a car hit a child crossing street in Medina: Watch