Current:Home > StocksReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -DataFinance
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-17 00:57:28
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! (35182)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- A transgender teen in Massachusetts says other high schoolers beat him at a party
- US Open: Tiafoe, Fritz and Navarro reach the semifinals and make American tennis matter again
- John Stamos Reveals Why He Was Kicked Out of a Scientology Church
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- USA TODAY's NFL Survivor Pool is back: What you need to know to win $5K cash
- California settles lawsuit with Sacramento suburb over affordable housing project
- 19 hurt after jail transport van collides with second vehicle, strikes pole northwest of Chicago
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Consumer spending data looks solid, but some shoppers continue to struggle
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Bethenny Frankel's Update on Daughter Bryn's Milestone Will Make You Feel Old
- Mark Meadows asks judge to move Arizona’s fake elector case to federal court
- You Have 24 Hours To Get 50% Off the Viral Benefit Fan Fest Mascara & More Sephora Deals
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The internet reacts to Jenn Tran's dramatic finale on 'The Bachelorette': 'This is so evil'
- A Minnesota man whose juvenile murder sentence was commuted is found guilty on gun and drug charges
- Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Terrence Howard Shares How He’s Helping Daughters Launch Hollywood Careers
When do new episodes of 'Power Book II: Ghost' Season 4 come out? Release date, time, cast, where to watch
Why is Beijing interested in a mid-level government aide in New York State?
Arkansas State Police probe death of woman found after officer
LL COOL J Reveals the Reason Behind His 10-Year Music Hiatus—And Why The Force Is Worth the Wait
Asian stocks mixed after Wall Street extends losses as technology and energy stocks fall
Officials confirm 28 deaths linked to decades-long Takata airbag recall in US