Current:Home > StocksReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -TrueNorth Capital Hub
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-13 15:32:07
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! (58363)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- How local government is propping up the U.S. labor market
- How do you guard Iowa's Caitlin Clark? 'Doesn’t matter what you do – you’re wrong'
- Eric Bieniemy passed over for NFL head coaching position yet again. Is the window closed?
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Eric Bieniemy passed over for NFL head coaching position yet again. Is the window closed?
- What is TAYLOR-CON? Taylor Swift's management group files trademark application
- Pregnant Sofia Richie Cradles Baby Bump During Red Carpet Appearance at Pre-Grammys Party
- Average rate on 30
- Federal authorities investigate suspected arson at offices of 3 conservative groups in Minnesota
Ranking
- Rylee Arnold Shares a Long
- Civil rights activist, legendary radio host Joe Madison passes away at 74
- Michigan school shooter’s mom could have prevented bloodshed, prosecutor says
- Starting five: Cameron Brink, Stanford host UCLA in biggest women's game of the weekend
- Trump's 'stop
- How to Watch the 2024 Grammys and E!'s Live From E! Red Carpet
- Recently discharged patient shoots, wounds security officer at Kansas City hospital
- Tesla recalling nearly 2.2M vehicles for software update to fix warning lights that are too small
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
The RNC chairwoman calls for unity as the party faces a cash crunch and attacks by some Trump allies
Stock market today: Asian shares mostly rise after Wall Street rebound led by tech stocks
Michigan school shooter’s mom could have prevented bloodshed, prosecutor says
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
The Taliban vowed to cut ties with al Qaeda, but the terror group appears to be growing in Afghanistan
The Best Amazon Products With 100,000+ Five-Star Ratings
Alyssa Milano Shares Hurtful Messages Her Son Received After She Posted His Baseball Team's Fundraiser