What happened: The WNBA and its players' union finalized a new collective-bargaining agreement featuring unprecedented increases to the salary cap and league minimum salaries. The deal comes during a surge in women's basketball popularity ignited by Caitlin Clark. Specific terms build on prior proposals, dramatically elevating player compensation.

Why it matters: Higher salary caps enable deeper rosters and aggressive free-agent pursuits, potentially increasing league parity and altering championship. This CBA cements the league's financial boom from rising TV ratings, tickets and merchandise since 2024.

What to watch: Watch for official CBA terms release, early free agency buzz and impacts on 2026 draft and extension eligibility for rookies.