The WNBA and its players have reportedly reached a provisional consensus on a new collective bargaining agreement, concluding a prolonged period of intense negotiations.

The announcement comes as the league and the players’ union verbally agreed early Wednesday morning, just 51 days before the WNBA’s 30th season is set to commence.

This landmark deal is anticipated to dramatically boost player salaries, introducing million-dollar contracts for the first time in the league’s history—quadrupling the salaries seen last season.

While the core elements of the agreement have been settled, finalizing the specifics will take a few weeks as legal teams on both sides draft the new CBA. A preliminary term sheet is expected in the next day or two, which will then require ratification by the players and approval from the league’s Board of Governors.

“I just want to say we have aligned on key elements of a new collective bargaining agreement together. We still need to finalize a formal term sheet, but the progress made in these discussions marks a transformative step forward for players and the league,” said WNBA Commissioner Cathy Engelbert, speaking shortly before 3 a.m. ET.

The WNBA and its players reportedly reached a tentative agreement on a new CBA

WNBA Commissioner Cathy Engelbert announced the verbal agreement shortly before 3am

“It underscores a shared commitment to the continued growth of the game. We’ll share additional details as they become available.”

The agreement – and its new mega-money salaries – is set to reflect the league’s skyrocketing growth and popularity. Attendance, viewership and investment from stakeholders has increased to historic levels over the past few years. 

‘For the first time player salaries are tied to a truly meaningful share of league revenue, driving exponential growth in the salary cap, increasing average compensation beyond half a million dollars and raising the standard across facilities, staffing and support,’ union president Nneka Ogwumike said.

The deal came after the two sides spent the past eight days in intense in-person negotiations that lasted for more than 100 hours. They came to the agreement at about 2:20am ET Wednesday after spending more than 10 hours of discussions on Tuesday.

Engelbert, WNBPA executive director Terri Carmichael Jackson, president Ogwumike, vice presidents Breanna Stewart and Alysha Clark and treasurer Brianna Turner gathered in the lobby of The Langham hotel in midtown Manhattan – where negotiations had taken place – to share the news with reporters. 

‘The deal is going to be transformational,’ union vice president Breanna Stewart said. ‘It’s going to build and help create a system where everybody is getting exactly what they deserve and more from on the court and off the court aspects.’

Ogwumike added: ‘This is historical for women’s sports. I told Cathy it’s not just for the players that are entering the league or the players that aren’t already here. We’re just really grateful to be able to come to a deal. We’re proud of ourselves.’

The deal comes 17 months after the players opted out of their previous agreement and five months after the previous deal was initially set to expire, with talks often becoming contentious.

Union president Nneka Ogwumike branded the agreement as ‘historical’ for women’s sport

The WNBA and the players’ union been at loggerheads for the past few months, extending the deadline multiple times, with the start of the 2026 season being cast in doubt. 

Towards the end of last year, WNBA stars authorized their union’s executive council to call a strike if necessary, granting union negotiators another tool to use in talks.

The union said there was overwhelming support in the vote to allow the executive council to call for a strike when it sees fit. With 93 percent of players voting, 98 percent voted yes to authorize a strike if needed.

‘We opted out because what we were giving to this league and what we were getting back didn’t match,’ union executive committee member Alysha Clark said. ‘You could feel the growth everywhere, but it wasn’t showing up for the players the way it should. So we stayed with it until it did.’

Revenue sharing has been the biggest hurdle over the course of the negotiations. Other key issues that were slowing down getting a deal done included housing and franchise tags on players.

‘I hope young girls and women see this and feel it, to know their voice matters, their value matters, and they don´t have to settle for less than that,’ said executive committee member Brianna Turner. ‘Now, we get back to the game. Back to competing, back to that feeling, and back to being out there with our fans.’

Fortunately, it now appears that the union will not have to execute its threat of strike or put the start of the season in jeopardy.

The league will have a sprint over the next two months to get to opening day on May 8. An expansion draft for new teams in Toronto and Portland needs to take place. 

Also, teams will need to negotiate with the more than 80 percent of players who are free agents this offseason. Training camps are set to open on April 19 – six days after the college draft.