NEW YORK — The WNBA will have its first million-dollar players after the league and its players’ union reached a deal in principle on a transformational new collective bargaining agreement early Wednesday morning.
Specifics still need to be finalized over the next few weeks as lawyers on both sides work on the new CBA. A term sheet should be done in the next day or two. It will then need to be ratified by the players and then approved by the league’s Board of Governors.
“I just want to say we have aligned on key elements of a new collective bargaining agreement together. We still need to finalize a formal term sheet, but the progress made in these discussions marks a transformative step forward for players and the…