News of 2021 MVP Jonquel Jones being traded from the Connecticut Sun to the New York Liberty rocked the WNBA this week, not only because she’s a big-name talent but also because of the salary cap implications.

What will the addition of Jones mean for the Liberty — and their rumored pursuit of several top free agents, including Breanna Stewart and Courtney Vandersloot?

Jones’ estimated salary for the 2023 season is $211,150. That’s huge for the Liberty because, with the 2023 salary cap rising to $1,420,500, New York still has wiggle room. They can build around Jones and star point guard Sabrina Ionescu (who will make $86,701 in 2023) and still land at least one big-time free agent.

While Stewart is the name who instantly comes to mind, as she met with the Liberty in the 2022 offseason before re-signing with the Storm, Vandersloot and the team have expressed mutual interest, The Next’s Howard Megdal reported Tuesday. And with a bit of salary cap creativity, they could bring in both.

Free agents can’t begin negotiations until Jan. 21, and they can’t sign contracts until February 1. But here’s what WNBA fans need to know about player salaries and revenue sharing before free agency begins in earnest.

Player salaries

When a team adds up the annual salaries of all the players on its roster, that total can’t exceed the salary cap, which for 2023 is $1,420,500. That represents a 3% increase from last year, when the salary cap was $1,379,200.

Hardship exceptions exist, if rostered players will miss significant time due to injuries, illnesses or other reasons. Outside of those exceptions, though, the salary cap is nonnegotiable.

Teams also must meet a minimum total salary of $1,188,990. If a team does not reach the minimum, that team must make extra payouts to its players at the end of the season, with the WNBA Players Association deciding on the distribution of the money.

Each team can have up to 12 players on its roster at a time, meaning the total salary (up to $1,420,500) must be divided among those 12 players. Contracts can vary, with the highest possible salary in 2023 sitting at $234,936. Rookie contracts are valued between $69,770 and $86,701 depending on where the player was selected in the draft. Those numbers, like the salary cap and salary minimum, increase every season.

Revenue sharing

In 2020, the league and the players signed a collective bargaining agreement that allows players to make money on top of their salaries by taking home a share of the league revenue. Essentially, as the league increases in value, the players make more money.

The NBA has a similar structure. But the WNBAs’s version of revenue sharing has a major difference, one Las Vegas Aces star Kelsey Plum recently called out on “The Residency” podcast.

In the WNBA, the players receive 50% of the the league’s incremental revenue. In the NBA, players receive 50% of all revenue. That means WNBA players share in only the revenue earned above the league’s revenue target for that season. The revenue target goes up by 20% each season, but the actual numbers are unknown.

So the league needs to exceed its revenue goal for a season in order for players to reap the rewards.

In this week's episode of The Late Sub, host Claire Watkins dives into the individuals who put together standout performances for the USWNT in the team's recent pair of friendlies, from a big update in the goalkeeping race to the squad's multi-layered midfield project.

Watkins also breaks down the missed opportunities amid the USWNT's 3-0 win over China PR and 4-0 victory against Jamaica, as the year of head coach Emma Hayes's great roster experiment crosses the six-month mark.

Diving straight into the players who impressed, Watkins first calls out US captain Lindsey Heaps, applauding her performances while also noting that she "[wishes] maybe [Heaps] was used more situationally than kind of all the time."

"Heaps has so much to give this team, but it is probably against teams like this where they're sitting back a little bit more," explains Watkins. "I don't love her against a press. I don't love her against a super athletic, physical midfield, but in these games, she really shines."

Shifting to the ongoing search to crown retired goalkeeper Alyssa Naeher's replacement, Watkins dubs Manchester United net-minder Phallon Tullis-Joyce — who started both USWNT friendlies — the overall frontrunner.

"Tullis-Joyce honestly reminds me a lot of Alyssa Naeher in her first couple years with the USWNT," says Watkins. "She's calm, she's organized, she's a good shot-stopper. She's a great communicator."

Young talent make strong cases for USWNT roster inclusion

Watkins also sings the praises of several young talents whose performances over the last week will make them hard to drop, including "obvious" choices like forward Alyssa Thompson and attacker Catarina Macario, as well as strike Ally Sentnor and teen midfielder Lily Yohannes.

Callling Yohannes "the freaking truth," Watkins notes that "you're seeing glimpses of what could become truly world-class play against the top teams in the world in a couple of years."

Making a slightly quieter, but no less impactful, case, argues Watkins, is winger Michelle Cooper.

Cooper's consistent refining and improvement have Watkins comparing her progress to star Trinity Rodman's USWNT evolution, saying that top passing is "how [Rodman] worked her way into the team before starting to take more shots. I think Cooper can follow that same game plan."

Missed opportunities leave some players scrambling

Pivoting to the missed opportunities arising from the two friendlies, Watkins calls the center-back pairings "lackluster," celebrating the return of star Naomi Girma and her rock-solid play as well as veteran Emily Sonnett's versatility while critiquing Hayes's decision to not test much depth at the position.

"It just feels like a wasted opportunity with so many other center back injuries," Watkins explains, referencing season-ending injuries to players like Tierna Davidson.

Along with what Watkins calls "rough" set pieces, she notes that less rotation and late subs were a missed opportunity to adequately test fresh faces or build chemistry with other players.

Noting that performances like forward Lynn Biyendolo's Jamaica match, in which she scored a brace off the bench, are "the gold standard," Watkins also questions Hayes's own criticism about the level of play dropping off when athletes aren't given enough minutes to find their feet and make an impact.

Citing talent like defender Emily Sams and midfielders Lo'eau LaBonta and Olivia Moultrie, Watkins posits that the sub patterns "just didn't quite have the focus that I'm sure Hayes was looking for."

"I worry that the players that kind of got dumped into games late never really had a chance, which is this happens at times when they're starting to ramp up," she says.

Overall, Hayes seems to be more obviously honing in on her starting core.

"We're starting to see players get multiple starts.... Those are the players to take seriously as the future of this program," notes Watkins.

"Hayes is being very purposeful with what she wants to see from her starters and what she wants to see from her bench. And there is an increasing gap between those two groups," says Watkins. "So the competition rises next international break."

About 'The Late Sub' with Claire Watkins

The Late Sub with Claire Watkins brings you the latest news and freshest takes on the USWNT, NWSL, and all things women's soccer. Special guest appearances featuring the biggest names in women’s sports make TLS a must-listen for every soccer fan.

Follow Claire on X/Twitter @ScoutRipley and subscribe to the Just Women's Sports newsletter for more.

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The WNBA recognized May’s top performers on Wednesday, handing out the first round of monthly awards to early-season standouts across the league.

Lynx star Napheesa Collier picked up Western Conference Player of the Month, with the forward averaging 26.8 points per game while leading Minnesota to a 6-0 May start.

Earning the same honor in the Eastern Conference was Dream standout guard Allisha Gray, who started the season with a 21.4 points-per-game average to help boost Atlanta to third in the league standings.

New York Liberty manager Sandy Brondello won Coach of the Month — a natural fit after leading the 2024 WNBA champs to their best opening record since 1997.

The most surprising nod, however, went to Rookie of the Month Kiki Iriafen, with the Mystics forward averaging a 13.9-point, 10.1-rebound double-double while shooting 47.4% from the field in her first month as a pro.

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The USC product opened the season with a bang, becoming just the second rookie in WNBA history to record four double-doubles in her first five games, joining Utah Starzz forward Natalie Williams, who did so in 1999 — three years before Iriafen was born.

The day-one Mystics starter is also the first Rookie of the Month in Washington franchise history, telling reporters, "From the day I got drafted to the Mystics, I just put my head down, like, I'm going to work… I'm just giving my best effort every single time that I'm playing, and it's nice to see the fruits of your labor come to fruition."

How to watch the winners of May's WNBA awards in action

While Collier's Lynx and Gray's Dream are off until the weekend, Brondello's Liberty will visit Iriafen and the Mystics at 7:30 PM ET on Thursday, live on Prime.

Texas softball took Game 1 of the 2025 Women's College World Series (WCWS) championship series by topping in-state rivals Texas Tech 2-1 on Wednesday night, putting the Longhorns just one win away from clinching a program-first national championship.

"It's tight, especially when you're facing a good pitcher," said Texas catcher Reese Atwood, who delivered the game-winning hit. "Any momentum, any energy, we'll take it."

After a controversial obstruction call gifted Texas Tech a 1-0 lead in the top of the fifth, a rare misstep from Red Raiders ace NiJaree Canady gave Texas the daylight they needed to pull ahead.

With two Longhorns in scoring position and Atwood — the nation's RBI leader — stepping to the plate, Texas Tech head coach Gerry Glasco decided to take advantage of the vacant first base by instructing Canady to intentionally walk Atwood.

Noticing that Canady's intentional balls were dangerously close to the strike zone, Atwood capitalized, launching a game-winning two-run single on a 3-0 count — her first hit of the WCWS.

"Maybe it was the wrong decision. Maybe we should've went at her," said Glasco following the loss.

With up to two games left to play, the 2025 WCWS has already been a huge hit, averaging 1.1 million viewers on ESPN before the championship series even began — the network's highest pre-finals viewership on record.

While this year's NCAA tournament chases even more viewership history, Texas Tech will be hunting a Game 2 win to keep their championship dreams alive.

How to watch Game 2 of the 2025 WCWS championship series

The Red Raiders and Longhorns will square off again at 8 PM ET in Thursday's Game 2 of the best-of-three series, airing live on ESPN.

England dropped its 2025 Euro roster on Thursday morning, with manager Sarina Wiegman's title-defending squad facing major shakeups after three longtime staples recently withdrew from consideration.

Forward Fran Kirby and goalkeeper Mary Earps officially announced their international retirements mere days before the drop, with Wiegman previously informing 31-year-old Kirby of her omission from this summer's lineup.

Defender Millie Bright followed suit, stepping back from the team in a Wednesday social media post that stated she's "not able to give 100% mentally or physically."

While these shifts don't necessarily spell defeat, England now faces an uphill climb in their hunt for a second straight European title.

The Lionesses will start their campaign in Group D, a tricky division featuring perennial powerhouses France and the Netherlands plus regional rival Wales.

To further complicate things, England is also coming off a rocky Nations League run, failing to qualify for this year's Finals after finishing second behind Group A3 winner — and 2023 World Cup champs — Spain.

Though their 2025 Euro roster is missing some homegrown talent, the England lineup does feature a handful of NWSL stars stepping into the spotlight.

Washington defender Esme Morgan will make her Euro debut after helping lead the Lionesses to the 2023 World Cup final, while Gotham defender Jess Carter and Orlando goalkeeper Anna Moorhouse return to the competition to defend their 2022 success.

All in all, with a refreshed roster and increased parity across the women's game, the Lionesses' path to 2025 Euro victory is now more uncertain than ever.

England's 2025 Euro roster

• Goalkeepers: Hannah Hampton (Chelsea), Khiara Keating (Manchester City), Anna Moorhouse (Orlando Pride)

• Defenders: Lucy Bronze (Chelsea), Leah Williamson (Arsenal), Jess Carter (Gotham FC), Alex Greenwood (Manchester City), Lotte Wubben-Moy (Arsenal), Esme Morgan (Washington Spirit), Niamh Charles (Chelsea), Maya le Tissier (Manchester United)

• Midfielders: Ella Toone (Manchester United), Georgia Stanway (Bayern Munich), Keira Walsh (Chelsea), Grace Clinton (Manchester United), Jess Park (Manchester City)

• Forwards: Lauren Hemp (Manchester City), Lauren James (Chelsea), Chloe Kelly (Arsenal, on loan from Manchester City), Beth Mead (Arsenal), Michelle Agyemang (Brighton, on loan from Arsenal), Alessia Russo (Arsenal), Aggie Beever-Jones (Chelsea)