The WNBA has been a major success in its 22 years of existence. Women have always been drawn to basketball, and the league has seen a meteoric rise in popularity since its inception.
In 2017, Elena Delle Donne signed a multi-year deal with the Chicago Sky worth $6 million per year, making it the biggest contract in the Women’s National Basketball Association (WNBA). She will make $11,500,000 per year over six years with the Chicago Sky. Other top players in the league are Sue Bird and Diana Taurasi who both earn about $1 million annually.
The WNBA has a salary cap of about $115 million, which means that each team can spend up to $5.2 million on salaries before hitting their budget limit. There are 12 teams in the league, so this means they should be able to pay 8-9 players at or around this amount, but most teams only have 5-6 high-profile players making more than $100,000.
The minimum salary for WNBA players is $38,000 which is less than the average WNBA player’s salary of $71,635. Each team has 12-13 players on its roster, so if they fully pay their players under this figure, then they will only have about $700,000 to spend on salaries. The WNBA salary cap allows teams to spend more money on players who are popular, talented, and marketable. There is a lot of potential for growth in the league as long as they can keep improving their marketing strategies.
Some current WNBA stars earn around $100,000 annually, while others make about $1 million per year. Just like in the NBA, the top players are making much more than the average player.