The NWSL Players Association released their most recent collective bargaining agreement (CBA) to the public on Tuesday, offering up all of the contractual details and league rules governing compensation, player trades, and other deciding factors through 2030.
Ratified in August 2024, the CBA includes several previously announced and already implemented bold strokes like establishing league-wide unrestricted free agency and a pathway towards revenue sharing, as well as the abolishment of the draft.
Tuesday's unedited document takes contract transparency a step further, outlining additional details such as protections for player data, including usage and privacy rights, and regulations and compensation surrounding name, image, and likeness usage.
In a boost to athletes' paydays, the NWSL's minimum salary will grow from $48,500 to $82,500 (plus bonuses) by 2030 under the new CBA, though an additional clause dictates that a revenue surge could see those terms renegotiated before the contract’s end.
The agreement also codifies financial benefits for family-building and increases support for players with children, plus connects housing stipends to the actual costs of living in each NWSL market.
Notably, the new CBA also bolstered the league's mental health leave, a resource that's already assisting NWSL stars like Angel City's Sydney Leroux and Racing Louisville's Bethany Balcer.
The NCAA unanimously approved implementing a women's March Madness revenue-sharing plan on Wednesday, aligning the women's side with the compensation program the men’s edition has enjoyed since 1991.
"This is a historic day for women's sports, women's basketball, and the NCAA," said NCAA president Charlie Baker in the college sports governing body's statement. "Today's vote means our members have the opportunity to do even more on campus to promote and support female athletes. I can't wait to see all the incredible things they do."
Sparked by 2021's landmark NCAA gender equity review, the decision ultimately actualized after years of pressure from administrators and coaches.
"The long-awaited, hard fought for, and well-earned day is here," said UNC coach and Women's Basketball Coaches Association president Courtney Banghart. "I am so grateful for the effort of so many to bring this reality to our sport."
Deep March Madness runs earn more revenue
Beginning this year, each team competing in the Division I tournament will now receive performance-based units of revenue, with deeper runs earning more units.
With plans to grow the prize pool to $25 million by 2028, this year's inaugural $15 million purse represents 26% of the competition's $65 million media rights valuation — putting it proportionally on par with the percentage allocated to the men's fund.
Distributions will begin in 2026 and, like the men’s program, they will be paid directly to conferences, whose member schools will collectively decide how to best invest the unrestricted funds.
For the 2025 edition, a unit will reportedly be worth $113,636. According to ESPN's calculations, a Final Four team could amass approximately $1.26 million for its conference over the next three years.
With conferences and schools set for an influx of funds should their teams flourish at the national tournament, the revenue plan becomes a significant incentive for institutions to further invest in women's basketball.
Ultimately, the NCAA's move not only addresses the sport's equity disparity, it could also bolster the annual tournament's level of competition.