Current:Home > InvestReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -Zenith Money Vision
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
Ethermac Exchange View
Date:2025-04-06 04:58:49
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! (929)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- What High Heat in the Classroom Is Doing to Millions of American Children
- 'Wait Wait' for September 9, 2023: With Not My Job guest Martinus Evans
- Sarah Ferguson Shares Heartwarming Update on Queen Elizabeth II's Corgis One Year After Her Death
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Maui mayor dismisses criticism of fire response, touts community's solidarity
- Travis Barker Returns to Blink-182 Tour After Pregnant Kourtney Kardashian's Emergency Surgery
- Police announce 2 more confirmed sightings of escaped murderer on the run in Pennsylvania
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Authorities search for grizzly bear that mauled a Montana hunter
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- How to watch NFL RedZone: Stream providers, start time, cost, host, more
- Google policy requires clear disclosure of AI in election ads
- Who says money can’t buy happiness? Here’s how much it costs (really) in different cities
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- ‘The world knows us.’ South Sudanese cheer their basketball team’s rise and Olympic qualification
- NATO member Romania finds new drone fragments on its territory from war in neighboring Ukraine
- Making of Colts QB Anthony Richardson: Chasing Tebow, idolizing Tom Brady, fighting fires
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Kroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic
Kim Jong Un hosts Chinese and Russian guests at a parade celebrating North Korea’s 75th anniversary
Google policy requires clear disclosure of AI in election ads
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Derek Jeter returns, Yankees honor 1998 team at Old-Timers' Day
College football Week 2: Six blockbuster games to watch, including Texas at Alabama
Mariners' George Kirby gets roasted by former All-Stars after postgame comment