Friday, March 7, 2014

WNBA Board of Governors ratifies new eight-year CBA

It's official:

NEW YORK — The WNBA Board of Governors ratified a new eight-year collective bargaining agreement Friday......

The new CBA also decreases the number of times a player can be “cored,” shortening the path to unrestricted free agency for stars. There also is an improved revenue-sharing program for the players and a small increase in the salary cap.

Another change is that teams can now offer players a “time off bonus.” Teams have up to $50,000 to divide up among players who play fewer than three months overseas. Those bonuses aren’t tied to any sort of offseason team obligations.

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