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The WNBA and WNBPA near a Jan. 9 deadline over CBA negotiations and both sides “remain far apart on several key issues: what a revenue sharing system should look like, what should be considered revenue and how to account for expenses.” Sources cited by ESPN.com said that the league is “projecting” that a recent proposal from the WNBPA — which would “give players about 30% of gross revenue and is believed to feature approximately” a $10.5M salary cap — would result in $700M “in losses over the course of the agreement.” Sources said that the projection was determined based on “previously audited league financial information.” Another source said that the union believes its revenue sharing model “still puts the league in a ‘profitable position,’” and added that the league’s projected loss figure is “‘absolutely false,’ citing a discrepancy in whether expansion fees are factored in” (ESPN.com, 12/31).
