Indiana Fever guard Sophie Cunningham turned heads on Tuesday, criticizing the latest WNBA expansion plans in light of ongoing WNBPA CBA negotiations.
Cunningham drew ire from some fans after expressing skepticism about the WNBA awarding expansion teams to Detroit and Cleveland over other possible cities, while also suggesting that the league might be growing too quickly.
"You want to listen to your players, too. Where do they want to play?" she told reporters ahead of Indiana's Commissioner's Cup win. "I'm not so sure what the thought process is there, but at the end of the day, you want to make sure that you're not expanding our league too fast."
"It's kind of a hard decision-making situation. But man, I don't know how excited people are to be going to Detroit or [Cleveland]."
Elsewhere, Phoenix Mercury forward Satou Sabally also voiced her expansion concerns on Tuesday, calling on the WNBA to keep player support at the forefront when adding expansion teams.
"We really have to put an emphasis on the players that are in our league right now," she told reporters. "Maybe focus on the teams that find excuses continuously to lack investment in their players before we focus on adding more to the grain of people that can't really be sustained."
The WNBA made a splash on Monday morning, announcing an expansion plan that will see the league officially grow to 18 teams by 2030, with new franchises joining from Cleveland, Detroit, and Philadelphia.
Subject to approval by the WNBA and NBA Boards of Governors, the league expects to add Cleveland in 2028, with Detroit following in 2029 and Philadelphia in 2030.
With existing NBA ownership groups backing all three cities, the league chose the trio because of "market viability, committed long-term ownership groups, potential for significant local fan, corporate, media, and city and state support, arena and practice facilities, and community commitment to advancing the sport, among other factors."
Notably, while Monday's news will bring a WNBA team to Philadelphia for the first time, the announcement represents a return for the league to both Cleveland and Detroit.
The Ohio city hosted one of the league's inaugural teams, the Rockers, from 1997 to 2003, while the Detroit Shock joined the WNBA in 1998, eventually relocating to Tulsa in 2010 before becoming the Dallas Wings in 2016.
Monday's WNBA expansion plan also follows the already announced incoming teams in Toronto and Portland, both set to tip off next season, as well as 2025 newcomer Golden State.
Each of the three incoming clubs in Monday's announcement paid a $250 million expansion fee — five times the $50 million that Golden State paid in October 2023.
"This historic expansion is a powerful reflection of our league's extraordinary momentum, the depth of talent across the game, and the surging demand for investment in women's professional basketball," said commissioner Cathy Engelbert. "I am deeply grateful for our new owners… for their belief in the WNBA's future and their commitment to building thriving teams that will energize and inspire their communities."
The Golden State Valkyries made a splash on Tuesday, as the 2025 expansion side debuted on Sportico's annual WNBA valuation list at the very top, leading all 13 league teams at $500 million.
With facility ownership and arena management playing major roles, that current estimate of the Valkyries' worth is 10 times the amount that the Golden State ownership group paid in expansion fees back in 2023.
Even more, the figure arguably puts Golden State atop all other women's sport teams worldwide, surpassing even the record-breaking $450 valuation set by the New York Liberty just last month. On Sportico's current list, the Liberty clock in with a $420 million value just behind the Valkyries.
The Sportico report also places the overall average value of a WNBA team at $269 million, a 180% increase over last season's average — and a figure that dwarfs even the $140 million valuation held by 2024 list-leaders Las Vegas.
Of all teams, the Fever saw the biggest leap, rising from sixth to third on the list with a valuation of $355 million — more than 270% higher than Indiana's $90 million mark in 2024.
Valkyries poised to win the 2025 WNBA revenue race
The Fever also led the league in revenue last year with $33.8 million, though the Valkyries are projected to run away with this season's revenue title, as Sportico estimates that Golden State will bring in more than $70 million in 2025.
The Bay Area side already set a single-game WNBA record for revenue generated, making $3 million in their 2025 home opener.
Current calculations put WNBA valuations at an average of 12 times their revenue — the highest revenue multiple among all major pro sports leagues, including the NBA (11.9), MLS (9.4), NFL (9.3), NHL (7.7), NWSL (6.8), and MLB (6.6).
Plus, new media deals with broadcasters like ESPN, NBC, and Amazon Prime — among others — are on track to generate an average of $260 million in annual revenue for the league starting next season.
With Golden State proving that expansion can be immediately profitable, business — and valuations — continues to boom in the WNBA, as the league eyes even more value with the 2026 additions of Toronto and Portland.
Just two games into their inaugural season, 2025 WNBA expansion team Golden State recorded their first-ever win on Wednesday night, with the Valkyries defeating Washington 76-74 in front of a sell-out home crowd at the Chase Center.
Despite Mystics guard Brittney Sykes's game-leading 30 points, the Valkyries kept it close, securing the victory with key shots in game's final minutes.
Guard Veronica Burton led Golden State with a career-high 22 points, nine rebounds, and five assists, with forward Kayla Thornton's 18-point, five-rebound night sealing the deal.
"These are the moments you don't forget," Burton told reporters after the win. "We've been in the gym working, training, and there's been a lot of anticipation, a lot of build-up… [I'm] embracing this moment."
With the restocked Mystics coming off an unexpectedly strong start, Golden State managed to hand now-2-1 Washington their first loss of the season.
The performance did highlight some areas of improvement, with the Valks struggling to convert three-point plays, going 7-for-37 beyond the arc to drop their overall shooting below 40%.
That said, building a new roster, culture, and on-court strategy from the ground up takes time, though Wednesday's first win bodes well for the Valkyries — especially considering the California side opened the season with the league's longest odds of success.
"We've been working really hard for this," said Golden State head coach Natalie Nakase. "We've only played 80 minutes together, but it's a credit to everyone prepping and putting in their hard work."
The Sun could be setting on Connecticut, with the WNBA team reportedly scouting a sale — and a possible relocation from their Uncasville home.
According to Sportico, the long-time franchise hired investment firm Allen & Company to look into selling the team, which has been owned and operated by the Mohegan Tribe since 2003.
The Sun's valuation most recently hit $80 million — a significant increase from the approximate $10 million paid to move the team from Orlando to Connecticut more than 20 years ago, but far lower than today's nine-figure going rate.
With a new CBA on the horizon and many of the league's top players up for free agency in 2026, some WNBA teams are having a difficult time keeping up with deep-pocketed owners entering the league — especially when it comes to player resources.
Expansion side Golden State will play their first official WNBA game on Friday, with two additional teams in Toronto and Portland joining the fray in 2026 — and rumors of more franchises on the way.
"If I'm being honest, I don't think you can be a team right now that's not looking into how to build a practice facility," Sun president Jennifer Rizzotti told the Hartford Courant earlier this year. "I don't think you can really compete for a player going forward if you're not able to say to them, 'Yes, we are doing this.'… You will not be in Connecticut without an ownership group that understands this."
A short commute could be in the cards for the Sun, with Boston displaying significant market potential after the team sold out the city's TD Garden in 2024.
The Sun will return to the home of the NBA's Celtics to take on the Indiana Fever for the pair's July 15th clash.
WNBA teams cut rookies loose
More WNBA teams made big cuts on Monday as teams strive to meet the league's 12-player squad maximum, with just days remaining before the final roster deadline.
Las Vegas completed their lineup by waiving undrafted rookie Deja Kelly on Monday.
The stunning decision comes after the 23-year-old Oregon alum put up nine points and an assist in seven minutes of play during the Aces' preseason matchup against Dallas, plus 15 points — including the game-winner — in just 13 minutes of play against the Phoenix Mercury last week.
The Seattle Storm has also reached roster compliance, waiving forward Brianna Fraser, third-round 2024 draft pick Mackenzie Holmes (Indiana), and 26th overall pick in this year's draft Serena Sundell (Kansas State).
Meanwhile, 2025's No. 2 overall pick Dominique Malonga joined the Storm's training camp from France this week.
After acquiring Shyanne Sellers — Golden State's 17th overall pick in the 2025 draft — just last week, the Atlanta Dream released the Maryland grad on Monday.
While cutting Sellers brought Atlanta's roster down to 12 players, the Dream still have additional cuts to make to meet WNBA salary cap requirements.
The WNBA starts a new chapter on Tuesday, as the Golden State Valkyries — the league's first expansion team since 2008 — take the court in a preseason showdown against fellow California side Los Angeles.
"It'll be our franchise's first game," Valkyries forward Kayla Thornton told the media from training camp. "I'm just excited to get to the court."
Drawing from both April's college draft and an earlier expansion draft within the league, the Valkyries' roster is still a work in progress as they attempt to form a distinct playing style under first-year head coach Natalie Nakase.
Backed by an inaugural training camp lineup that appears to prioritize international talent, the team already waived Maryland standout Shyanne Sellers after drafting the guard 17th overall last month.
Cinderella selection Kaitlyn Chen — taken No. 30 overall from 2025 national champion UConn's roster — is now Golden State's only NCAA draftee.
"It's just that I have to choose the best 12 that are going to fit. Doesn't mean it's the most talented, it means it's the best 12," Nakase said of the Saturday decision to waive Sellers.
Along with the pains of refining a 2025 roster and building team culture, the WNBA's 13th team — the league's first new addition since the Atlanta Dream joined — is also experiencing the natural growing pains of expansion.
Golden State Warriors Sports — the ownership group behind both the Valkyries and the NBA's Golden State Warriors — recently rebranded to simply "Golden State" to indicate equity among its properties.
How to watch the Golden State Valkyries in WNBA preseason
The Valkyries will make their WNBA debut in a preseason exhibition game against the LA Sparks at 10 PM ET on Tuesday.
The game will stream live on WNBA League Pass.
RAJ Sports, owners of the NWSL's Portland Thorns and Portland's incoming 2026 WNBA expansion franchise, broke ground on their historic dual-sport training center on Wednesday, as the 12-acre $150 million facility begins to take shape.
The performance center will support both Portland squads, becoming the first-ever training complex to house a professional women's soccer club and a pro women's basketball team under singular ownership.
Led by Lisa Bhathal Merage as well as her brother, Alex Bhathal, RAJ Sports is the sports investment arm of the Bhathal family, who shifted into team ownership on the heels of their longtime family swimwear business.
Bhathal Merage, in particular, is taking charge in ensuring the new facility is pushing the needle for women's sports.
"We don't look at our investments as philanthropy at all," said Bhathal Merage. "It's about moving things forward."
"I've been involved in hand selecting every finish, carpet, tile to make it through the female lens of how we interact, how we look at things, what we want to see," she explained.
"I think this performance center will be changing the dynamic for women's sports for generations to come," added Bhathal Merage. "Our view is to collaborate, involve the community and really lift up everybody by that collaboration."
The Bhathal family are also eager to reveal their incoming WNBA team's name, telling reporters that they’ve "literally compiled every single comment from every single person into a massive spreadsheet and rank them in order of how popular they were."
"We're waiting for final league approval," said Bhathal Merage. "Hopefully within the next two, maximum three months, we'll be able to unveil everything."
The WNBA’s 14th franchise is gearing up for its 2026 debut, with the Toronto Tempo introducing former WNBA and NCAA star Monica Wright Rogers as their inaugural general manager on Thursday.
A two-time WNBA champion with the Minnesota Lynx and three-time collegiate All-American at Virginia, Wright Rogers’s resume lists coaching and front office stints at both the college and pro level. She most recently served as the Phoenix Mercury’s assistant general manager.
“The unique combination of experience that Monica will bring to this team is incredible. She’s a proven champion who understands the game from so many different perspectives,” said Toronto Tempo president Teresa Resch in a team release.
“And she’s so much more than the collection of her experiences. Monica is an incredible relationship-builder with a sharp eye for talent who embodies everything we want the Toronto Tempo to stand for: she’s warm, welcoming, smart, driven and fiercely competitive. We couldn’t be more thrilled to have her on board.”
Wright Rogers adds WNBA experience to Toronto expansion team
The WNBA announced its first-ever expansion into Canada in May 2024.
An investment group led by Toronto billionaire Larry Tanenbaum and his Kilmer Sports Ventures filed the WNBA expansion bid. Tanenbaum also chairs Maple Leaf Sports & Entertainment, which owns the Toronto Maple Leafs, Raptors, Toronto FC, Argos, and Marlies.
Tanenbaum originally explored an expansion team via MLSE, but was turned down by other members of the board.
Wright Rogers will lead basketball operations for the Tempo, including hiring a head coach and building out the inaugural roster.
“The excitement about this team, and around women's sports in general in Canada right now is palpable,” Wright Rogers said. “To have the opportunity to play such a key role in building this team in this country at this moment is an honour”
“Sports fans around the world should keep an eye on us,” she added.
The WNBA appears poised to accept a bid from Cleveland to become the league's 16th franchise, with Sports Business Journal (SBJ) putting the Midwestern city’s chances of earning an expansion team "as high as 90%."
Led by Dan Gilbert, the majority owner of the NBA's Cleveland Cavaliers, the investor group will reportedly revive the name and branding of the Cleveland Rockers ahead of the team’s 2028 debut. The Rockers were one of the WNBA's inaugural teams, competing from the league's 1997 debut season until the team's 2003 folding.
SBJ also cited an estimated expansion fee of $250 million, setting a new league record by fully doubling the $125 million fee shelled out by Portland, the WNBA's incoming 15th franchise.
That massive check combined with access to top-notch facilities likely elevated Cleveland’s bid, which includes plans for the incoming Rockers to operate out of the Cavs' current training facility after the NBA team moves to a new center in 2027.
Big expansion team bids spark additional WNBA growth
SBJ's report also indicated that the WNBA has begun considering growth beyond their previously stated three-year, 16-team strategy, with an eye toward stretching to 18 squads in the short-term and 20 franchises by 2030.
Like Cleveland's bid, immediate access to NBA infrastructure has reportedly placed two markets at the front of the line for an expansion nod: a revival of the four-time WNBA champion Houston Comets and a net-new Philadelphia team. That said, three other former WNBA franchises — the Detroit Shock, the Miami Sol, and the Charlotte Sting — are rumored to be in the mix as well.
However, those ex-WNBA cities face stiff competition with bids from new markets like Austin, Nashville, Kansas City, Jacksonville, St. Louis, Milwaukee, and Denver entering the race in recent months.
Seizing the moment after a banner 2024 season, the WNBA is appearing to fast-track expansion rather than put prospective owners with deep pockets on hold — and turning some heads in the process as fears about growing too big, too quickly start to crop up.
The WNBA faces no shortage of cities interested in securing the league's 16th team. But some recent expansion bids are tapping into old memories and new promises as historic markets aim to get back into the game.
According to reports, the owners behind NBA side Charlotte Hornets are part of a group trying to bring back a team to the home city of the Charlotte Sting. The Sting were one of the original WNBA franchises, helping launch the league in 1997 before eventually folding in 2007.
The bid to return professional women's basketball to North Carolina is led by CardWorks SVP Erica Berman. The Berman family are already investors in Unrivaled, the offseason 3×3 basketball league that's currently stacked with WNBA stars.
Charlotte is far from the only vintage WNBA market hunting a return. The former hometowns of the Detroit Shock (1998-2009), Houston Comets (1997-2008), and Cleveland Rockers (1997-2003) have also entered the expansion ring, after all formally submitted bids to the league.
There's also new evidence that the WNBA is looking to revive some of the historic teams. Within days of the league's January 30th bid deadline, the WNBA filed trademark applications for the Sting, Shock, Rockers, Comets, and Miami Sol should any of those cities secure the newest franchise.
Rookie expansion teams join historic WNBA heavyweights
Though some cities have history on their side, competition is fierce when it comes to WNBA expansion. The league has seen an explosion of interest from numerous ownership groups all vying to receive a franchise nod.
In addition to the throwback cities, new markets in Austin, Denver, Kansas City, Nashville, and Philadelphia have also expressed a desire to join the league.
The WNBA is currently on track for 16 total teams by 2028, with Golden State, Toronto, and Portland already claiming the 13th, 14th, and 15th franchises, respectively.
With just one slot still up for grabs, leadership faces tough decisions as the league must turn down — or, at least, table — multiple bids as it considers a healthy growth rate.
However, for many ownership groups, building a WNBA team is more a matter of when, not if.
When asked about the Shock's potential return during a recent Detroit Pistons game, NBA commissioner Adam Silver cut to the chase.
"I actually think it’s really just a question of when the Shock comes back.," he said. "Over time, there’s going to be a lot of expansion in the WNBA."