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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGame Respects Game with WNBA Commissioner Cathy EngelbertThe WNBA is having a moment. In 2023, the league had its most watched regular season in 21 years. In addition, they announced that the Golden State Warriors will be adding a WNBA franchise in 2025, the first team expansion since 2008. Following one of its most anticipated drafts—with several generational players joining the league—WNBA Commissioner Cathy Engelbert discusses the league's remarkable growth, what's ahead and how this could be a pivotal year in women's sports.
Persons: Cathy Engelbert The, Cathy Engelbert Organizations: Cathy Engelbert The WNBA, Golden State Warriors, WNBA
But right now we're seeing that even if you're the best, women are not paid their fair share." However, WNBA Commissioner Cathy Engelbert, speaking at CNBC's inaugural Changemakers Summit on Thursday in New York City, said there's a "false narrative" around Clark's expected salary, likening it to the way that executive salaries are displayed for public companies. Cathy Engelbert, Commissioner of the Women's National Basketball Association (WNBA) speaking at the CNBC Changemakers Event in New York on April 18th, 2024. The NBA has around $13 billion in revenue while the WNBA is roughly around $200 million. Caitlin Clark poses with WNBA Commissioner Cathy Engelbert after being selected first overall pick by the Indiana Fever during the 2024 WNBA Draft.
Persons: Caitlin Clark, Joe Biden, Clark, Victor Wembanyama —, , Cathy Engelbert, there's, Engelbert, Danielle DeVries, Caitlin, she's, we're, Sarah Stier Organizations: Indiana Fever, House, San Antonio Spurs, NBA, Summit, Deloitte, National Basketball Association, CNBC, Nike, Gatorade, State, WNBA, Athletic, Getty Locations: New York City, New York, U.S, Iowa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaitlin Clark helping drive WNBA to 'higher heights' financially, says Commissioner Cathy EngelbertCathy Engelbert, commissioner of the WNBA and former Deloitte CEO, joins CNBC's 'Power Lunch' to discuss the WNBA's booming popularity, Caitlin Clark, and more.
Persons: Caitlin Clark, Cathy Engelbert Cathy Engelbert Organizations: WNBA, Deloitte
1 overall selection by the Indiana Fever in this week's WNBA draft, Clark's salary her first season will be just over $76,000. Clark's pay will escalate over the course of her four-year rookie contract, leaving her with total earnings of $338,056. The WNBA has grown in popularity in recent years, but it still trails behind the NBA, NFL, MLB and NHL. The highest paid WNBA player is Las Vegas Aces star Jackie Young, who will earn just over $250,000 this season. Here's how Clark's rookie deal stacks up against the most recent top picks from America's big four sports leagues.
Persons: Caitlin Clark, she'll, Jackie Young, Steph Curry, Cathy Engelbert, we're Organizations: WNBA, Indiana, Gatorade, Nike, NBA, NFL, MLB, NHL, Las Vegas Aces, Golden State Warriors, CNBC Locations: State
The WNBA’s stars aren’t asking to be paid an equal dollar amount to NBA players, however. WNBA players have made progress on salaries since 2020, when they reached their latest collective bargaining agreement with the league. Sharing the revenue pieBecause it’s a smaller and younger league, women’s players have had less bargaining power with team owners over their pay than men. While NBA players receive 50% of total NBA revenue, the WNBA must hit a certain revenue threshold annually before any revenue sharing agreements kick in. This has held back women’s salaries.
Persons: Caitlin Clark, Clark, Angel Reese, ” Terri Jackson, David Berri, Kelsey Plum, Griner, Jackson, ” Jackson, “ It’s, , Alicia Jessop, “ That’s, ” David Berri, David Stern, , Berri, Cathy Engelbert, ” Breanna Stewart Organizations: New, New York CNN, NBA, National Basketball Association, Women’s National Basketball Association, University of Iowa, Louisiana, NCAA, WNBA, ’ Association, CNN, Southern Utah University, Las Vegas Aces, , Phoenix Mercury, , Pepperdine University, longtime, New York Liberty Locations: New York, men’s, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWNBA Commissioner on the 'Caitlin Clark effect', impact on women's sports and equal pay pushCathy Engelbert, WNBA Commissioner and former Deloitte CEO, joins 'Squawk Box' to discuss last night's NCAA Women's College Basketball Final, the impact of Caitlin Clark on women's basketball, WNBA's media rights, equal pay push, and more.
Persons: Caitlin Clark, Cathy Engelbert Organizations: WNBA, Deloitte, NCAA Women's
The WNBA, still emerging entering its 28th season, hopes Caitlin Clark can achieve what those athletes did and turn the league into a cultural phenomenon. WNBA players’ salaries also lag behind. Turning Clark fans into WNBA fansClark is already having an impact on the WNBA. “The need by WNBA teams to invest in fan acquisition and fan engagement is really critical to maximize this moment,” she said. Bebeto Matthews/APThe league was financially connected to the NBA, and each of the first eight WNBA teams was linked to an NBA franchise.
Persons: Woods, Venus Williams, Michael Jordan, Caitlin Clark, , Boris Lelchitski, Candace Parker, Jonquel Jones, ” Clark, Angel Reese, Clark, Reese, , Phil Cook, Gregory Fisher, Nielsen, “ Caitlin Clark, Noah Henderson, Cathy Engelbert, “ We’ve, Erica Denhoff, Jessica Gelman, Gelman, David Stern, Lisa Leslie, Sheryl Swoopes, Rebecca Lobo, Bebeto Matthews, Terri Jackson, ” Donna Orender, Orender, ” Engelbert, Cameron Brink, , “ Clark, Donna Orender Organizations: New, New York CNN, NBA, WNBA, Indiana Fever, NCAA, University of Iowa, Louisiana State University, Tiger, USA, Sports, Reuters, Loyola University, CNN, LSU, WNBA's Indiana, Kraft Analytics Group, MIT Sloan Sports Analytics, Nielsen, Brands, Gatorade, State, longtime, Olympics, Basketball Players Association, Deloitte, Kraft Analytics Locations: New York, Chicago, Iowa, USA, Atlanta, San Francisco
Cathy Engelbert: CNBC Changemakers for Women's History Month
  + stars: | 2024-03-26 | by ( ) www.cnbc.com   time to read: 1 min
The women named to the CNBC Changemakers list are creating a pattern of what it takes to defy the odds, innovate and thrive in a volatile business landscape. From startup founders to S&P 500 C-suite growth drivers, from personalities shaking up the media industry to figures taking women's sports further into the mainstream, the 2024 Changemakers have broken new ground and set the stage for others to follow. Click here to view the inaugural list and continuing coverage for Women's History Month.
Organizations: CNBC
From Caitlin Clark fever in Iowa to a packed house of 92,000 fans for women's volleyball in Nebraska, women's sports have never been more at the forefront. Last year saw record media deals for women's sports as the NCAA and NWSL both inked groundbreaking agreements. David Dow | Getty ImagesCathy Engelbert, commissioner of the Women's National Basketball Association: One of the obstacles is the undervaluation of our assets. Jayna Hefford, senior vice president of operations for the Professional Women's Hockey League: Women's sports still struggle to secure prime broadcast windows, consistent airtime and traditional media coverage. Steven Ferdman | Getty ImagesAmy Howe, FanDuel CEO: Women's sports need to continue to position their star athletes (i.e.
Persons: Caitlin Clark, Matthew Holst, there's, Renie Anderson, Jessica Berman, Jesse Grant, CNBC Jessica Berman, Cathy Engelbert, Breanna Stewart, David Dow, Jessica Gelman, John Lamparski, KAGR, Caitlin Clark's, Jayna Hefford, Haley Rosen, Mollie Marcoux Samaan, Michael Reaves, LPGA we've, Katrina Adams, Louis Armstrong, USTA Billie Jean King, Steven Ryan, Sabrina Ionescu, Coco Gauff, , Berman, Pamela Duckworth, Engelbert, Magic Johnson, Larry Bird, Michael Jordan, Amy Howe, Steven Ferdman, FanDuel, Ionescu, A'ja Wilson, Rosen, Adams, they've, Renie, Anderson, I'm, influencers, Duckworth, Angel Reese, Billie Jean King, Jayna, Mark Blinch Organizations: Iowa Hawkeyes, NCAA, Michigan Wolverines, Carver, Getty, women's, Deloitte, CNBC, NFL, National Women's Soccer League, National Women's Soccer, WNBA, New York Liberty, Kia, Connecticut Sun, National Basketball Association, Business, New York Marriott Marquis Hotel, MIT Sloan Sports Analytics, MIT Sloan Sports Analytics Conference, Sports, Professional Women's Hockey, Association, Tiburon Golf Club, Professional, LPGA, USTA, Louis, USTA Billie, USTA Billie Jean King National Tennis Center, United States Tennis Association, Women's Tennis, Fubo Studios, FuboTV, NBA, Nike, Wall, Spring Studios, Renie Anderson NFL, Toronto, New York, Mattamy Athletic Centre Locations: Iowa City , Iowa, Iowa, Nebraska, Brooklyn , New York, New, New York City, Naples , Florida, NY, Toronto , Ontario, Canada
She listened to her players and what they wanted from the league, including a higher salary cap, but knew she couldn't meet all of their needs. One partner, Deloitte, overhauled the WNBA's app, for example. The current rights deal for the WNBA, which is coming off its largest regular-season viewership in more than two decades, runs through 2025. The mid-season Commissioner's Cup is sponsored by league partner Coinbase. The streaming app WNBA League Pass also brought in viewership, as did deals with Meta and YouTube.
Persons: Cathy Engelbert's, Engelbert, It's, Coinbase, Ethan Miller, Engelbert's, Disney, Nielsen, Ion Organizations: WNBA, Business, Deloitte, Nike, Google, US Bank, Companies, NBA, YouTube, Disney, Team, Seattle Storm's, ESPN, ABC, Scripps Ion, CBS, Meta, Scripps Locations: Las Vegas
Name, image, and likeness is creating a new crop of superstars in women's college basketball who could be game-changers for the sport as a whole. Those players are already driving more interest in women's college basketball. But for many of the women's college basketball players, "they've got Nike and Adidas. The women's college basketball season has already been exciting for viewers, especially those following the sport's biggest stars. Here are the women's college basketball teams Englebert is watching this season:
Persons: Angel Reese, Hailey Van Lith, Cathy Engelbert, It's, Engelbert, Englebert, We'll, they've, They've, Reese, Van Lith Organizations: WNBA, Reebok, Adidas, Business, Nike, Gatorade, Mercedes, State Locations: Bay
WNBA Commissioner Cathy Engelbert joked Sunday she'll have to get new shoes now that the league has added one expansion team, with another most likely on the way soon. Engelbert has a pair of high heels with all of the WNBA team logos on them. The shoes will become a collectors' item in 2025 when the expansion team owned by the Golden State Warriors starts playing. “The goal is to add a second one, or 14th team, by 2025,” Engelbert said before Game 1 of the WNBA Finals. Portland had a WNBA team from 2000-02, playing its games at the Rose Garden before the franchise folded.
Persons: Cathy Engelbert, Engelbert, , ” Engelbert, I've, Charlotte ,, Dearica Hamby, Becky Hammon, “ wasn't, Organizations: WNBA, Golden State Warriors, Oregon State, Los Angeles Sparks, Las Vegas Aces, Commission Locations: Denver, Philadelphia, Charlotte, Charlotte , North Carolina, Nashville , Tennessee, Portland , Oregon, Portland, Oregon
NEW YORK (AP) — The WNBA once again had strong metrics as the league had its most-watched regular season in 21 years and its highest average attendance since 2018. Viewership was up 21% over last year across its national television partners and the league's average attendance of 6,615 fans was the WNBA's highest since the 2018 season. An expanded schedule to 40 games this season helped the league gain its highest total attendance in 13 years (1,587,488). Las Vegas also hosted the highest-attended game this season, drawing a crowd of 17,406 on Sunday against Brittney Griner and the Phoenix Mercury on the final day of the regular season. That game was played at the bigger T-Mobile Arena as opposed to the Aces regular venue, which seats about 12,000.
Persons: Cathy Engelbert, Brittney Griner, Nikki Fargas, ___ Organizations: WNBA, Aces, Phoenix Mercury, Mobile, ” Aces, ESPN Locations: Vegas
In June 2022, on the same day the Supreme Court overturned Roe v. Wade, Adam Silver, the N.B.A. commissioner, released a statement jointly with the W.N.B.A.’s commissioner, Cathy Engelbert. The Magic are owned by the DeVos family, well-known conservatives. Betsy DeVos, the daughter-in-law of the former Magic chairman Richard DeVos, who died in 2018, was former president Donald J. Trump’s education secretary. The check was written on May 19, according to a team spokesman.
Persons: Roe, Wade, Adam Silver, , Cathy Engelbert, Silver, Engelbert, , Ron DeSantis, Betsy DeVos, Richard DeVos, Donald J, DeSantis Organizations: Orlando Magic, Gov, Republican Locations: Florida
A few years ago, it was generally accepted that there were four major pro sports leagues in North America consisting of 122 teams: MLB, the NBA, the NFL, and the NHL. Take Major League Soccer. Aliyah Boston (right) and WNBA Commissioner Cathy Engelbert pose with an Indiana Fever jersey during the 2023 WNBA Draft. This seemingly insatiable need for programming is a big reason why North American newcomers, like Major League Rugby and Major League Cricket, also have a good shot at survival. In other words, if you have ever dreamed of having a pro sports team in your neighborhood, there's never been a better chance it might actually happen.
Persons: Adam Silver, Rob Manfred, Don Garber, Lionel Messi, Cathy Engelbert, Adam Hunger, there's Organizations: NBA, MLB, MLS, Sports, Las Vegas, NHL, Las, Seattle —, NFL, Major League Soccer, Inter Miami, Boston, Indiana Fever, Major League Rugby, Major League Cricket, XFL, USFL, ESPN Locations: North America, Seattle, Las Vegas, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWNBA Commissioner Cathy Engelbert: we are benefiting from excitement around women's NCAA tournamentWNBA Commissioner Cathy Engelbert joins 'Last Call' to discuss a possible record breaking upcoming season for the league, the return of Brittney Griner, and more.
May 16 (Reuters) - The Women's National Basketball Association (WNBA) stripped defending champions Las Vegas Aces of their 2025 first-round draft pick and suspended head coach Becky Hammon for two games without pay for violating league rules on Tuesday. Hammon, who took the reins last year after eight years as an assistant coach with the NBA's San Antonio Spurs, was found to have committed a "Respect in the Workplace" violation with comments regarding Hamby's recent pregnancy. The investigation, however, was not able to substantiate concerns over the Aces' conduct during the off-season. The Next reported in February that The Aces were under investigation by the WNBA for circumventing the salary cap. "The Aces failed to adhere to league rules and regulations and have been disciplined accordingly.
TORONTO, May 13 (Reuters) - The Women's National Basketball Association (WNBA) held a game in Canada for the first time on Saturday in what amounted to a celebration of women's basketball while perhaps planting the seeds for an expansion franchise. The sold-out pre-season game played at the home of the NBA's Toronto Raptors offered the latest sign that there is a growing appetite in Canada's biggest city and financial capital for professional women's basketball. The game aired live on three networks across Canada and the United States, featured an all-women, all-Canadian team for the broadcast and prompted the city to proclaim May 13 as "Welcome WNBA Day" to mark the occasion. "So Toronto is definitely on the list, but we'll continue to work on that through the season and hopefully have something to announce later." Reporting by Frank Pingue in Toronto, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
WNBA free agency is underway, with teams receiving the green light to recruit stars as of this weekend. Top free agent Breanna Stewart has reportedly made charter flights a key issue for teams wooing her. Private flights are not covered by the league's CBA, but Brittney Griner's return may force policy changes. The 2018 MVP took to Twitter to announce that she's prepared to help "subsidize charter travel for the entire WNBA" by offering her "NIL, posts + production hours." Several current WNBA players, including Nneka and Chiney Ogwumike, Elena Delle Donne, Napheesa Collier, Alysha Clark, Erica Wheeler, Kahleah Copper, and Natalie Achonwa, offered their support in the comments.
WNBA to host first Canada game with Lynx-Sky preseason clash
  + stars: | 2023-01-18 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Jun 26, 2022; Chicago, Illinois, USA; Chicago Sky forward Candace Parker (3) defends against Minnesota Lynx forward Jessica Shepard (10) during the second half of a WNBA game at Wintrust Arena. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports/Jan 18 (Reuters) - The Women's National Basketball Association (WNBA) will host its first-ever game in Canada, a preseason showdown between four-times champions Minnesota Lynx and 2021 title-holders Chicago Sky at Toronto's Scotiabank Arena, the league said on Wednesday. It is only the third time that a WNBA preseason game has been played abroad, after games in Monterrey, Mexico, and Manchester, England, were held in 2004 and 2011, respectively. The Lynx and Sky will face off on May 13. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.
Brittney Griner’s highly publicized legal woes in Russia and the country’s invasion of Ukraine has the top WNBA players opting to take their talents elsewhere this offseason. For the past few decades, Russia has been the preferred offseason destination for WNBA players to compete because of the high salaries that can exceed $1 million and the resources and amenities teams offered them. Nearly a dozen WNBA players competed in Russia last winter and none of them are heading back this year. Like Stewart, Vandersloot also isn’t headed back to Russia, choosing to play in Hungary where she obtained citizenship in 2016. The Griner situation also is weighing heavily on the minds of young WNBA players.
WNBA players skipping Russia, choosing other places to play
  + stars: | 2022-09-20 | by ( ) www.cnbc.com   time to read: +4 min
Brittney Griner's highly publicized legal woes in Russia and the country's invasion of Ukraine has the top WNBA players opting to take their talents elsewhere this offseason. For the past few decades, Russia has been the preferred offseason destination for WNBA players to compete because of the high salaries that can exceed $1 million and the resources and amenities teams offered them. Nearly a dozen WNBA players competed in Russia last winter and none of them are heading back this year. Like Stewart, Vandersloot also isn't headed back to Russia, choosing to play in Hungary where she obtained citizenship in 2016. The Griner situation also is weighing heavily on the minds of young WNBA players.
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