Current:Home > StocksReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -QuantumProfit Labs
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-15 00:43:49
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! (29)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Utilities Are Promising Net Zero Carbon Emissions, But Don’t Expect Big Changes Soon
- 5 Ways Trump’s Clean Power Rollback Strips Away Health, Climate Protections
- Lala Kent Reacts to Raquel Leviss' Tearful Confession on Vanderpump Rules Reunion
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- How Much Damage are Trump’s Solar Tariffs Doing to the U.S. Industry?
- General Hospital's Jack and Kristina Wagner Honor Son Harrison on First Anniversary of His Death
- Mark Consuelos Reveals Warning Text He Received From Daughter Lola During Live With Kelly & Mark
- Intel's stock did something it hasn't done since 2022
- U.S. Wind Power Is ‘Going All Out’ with Bigger Tech, Falling Prices, Reports Show
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- McConnell’s Record on Coal Has Become a Hot Topic in His Senate Campaign
- North Carolina Wind Power Hangs in the Balance Amid National Security Debate
- Massachusetts Raises the Bar (Just a Bit) on Climate Ambition
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Minorities Targeted with Misinformation on Obama’s Clean Power Plan, Groups Say
- Targeted Ecosystem Restoration Can Protect Climate, Biodiversity
- The Ultimatum: Queer Love Relationship Status Check: Who's Still Together?
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Dismissing Trump’s EPA Science Advisors, Regan Says the Agency Will Return to a ‘Fair and Transparent Process’
Exxon and Oil Sands Go on Trial in New York Climate Fraud Case
In Detroit, Fighting Hopelessness With a Climate Plan
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Lala Kent Addresses Vanderpump Rules Reunion Theories—Including Raquel Leviss Pregnancy Rumors
They're gnot gnats! Swarms of aphids in NYC bugging New Yorkers
Big Meat and Dairy Companies Have Spent Millions Lobbying Against Climate Action, a New Study Finds