What happened: The WNBA and players' union finalized a new collective bargaining agreement featuring substantial raises to the salary cap and minimum salaries. This deal comes during a surge in popularity sparked by rookies like Caitlin Clark. The CBA was ratified by players in October 2024 and takes effect next season.

Why it matters: Higher pay will help retain stars and attract talent, fostering competitive balance that could make playoff races and futures bets more unpredictable. It's the first major CBA overhaul amid record viewership and attendance.

What to watch: Monitor 2025 free agency moves and draft lottery for roster impacts. Track revenue reports for further CBA effects.