
The WNBA and its players union recently held a virtual meeting to advance negotiations on a new collective bargaining agreement, with key issues like revenue sharing and housing still unresolved. The league offered players 70% of net revenue and proposed removing the revenue-sharing trigger threshold. The union seeks an average of 27.5% of gross revenue starting at 25%. For the first time, the WNBA generated enough revenue to trigger an $8 million revenue-sharing payout to players, who will decide its distribution. Licensing revenues of $9.25 million will also be shared among players.
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