Current:Home > InvestReport: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC -WealthEdge Academy
Report: WNBA agrees to $2.2B, 11-year media rights deal with ESPN, Amazon, NBC
View
Date:2025-04-11 22:37:30
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! (656)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Busy Philipps' 15-Year-Old Birdie Has Terrifying Seizure at School in Sweden
- These 50 Top-Rated Amazon Gifts for Women With Thousands of 5-Star Reviews Will Arrive By Christmas
- Bachelor Nation's Shawn Booth Welcomes First Baby With Dre Joseph
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 11 students hospitalized after fire extinguisher discharges in Virginia school
- Bodies of 2 hostages recovered in Gaza, Israel says
- Bradley Cooper poses with daughter Lea De Seine at 'Maestro' premiere: See the photos
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- How should you talk to kids about Santa? Therapist shares what is and isn’t healthy.
Ranking
- The Super Bowl could end in a 'three
- Amazon, Target and Walmart to stop selling potentially deadly water beads marketed to kids
- University of Arizona announces financial recovery plan to address its $240M budget shortfall
- Students say their New York school's cellphone ban helped improve their mental health
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Bodies of 2 hostages recovered in Gaza, Israel says
- Maalik Murphy is in the transfer portal, so what does this mean for the Texas Longhorns?
- Whoopi Goldberg receives standing ovation from 'The Color Purple' cast on 'The View': Watch
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Danish police arrest several people suspected of planning terror attacks
Why is Draymond Green suspended indefinitely? His reckless ways pushed NBA to its breaking point
Are Costco, Kroger, Publix, Aldi open on Christmas 2023? See grocery store holiday status
Bodycam footage shows high
Right groups say Greece has failed to properly investigate claims it mishandled migrant tragedy
With death toll rising, Kenyan military evacuates people from flood-hit areas
Federal Reserve leaves interest rate unchanged, but hints at cuts for 2024