The WNBA's board of governors unanimously ratified a new collective bargaining agreement on Tuesday, one day after players also approved the landmark seven-year deal that will run through the 2032 season.

The agreement represents a significant financial advancement for women's professional basketball. Under the new terms, the league's minimum salary will increase to $270,000, substantially higher than the previous season's maximum salary of approximately $250,000. Top-tier players will be eligible for supermax salaries reaching $1.4 million annually.

Team salary caps will see dramatic increases, rising from $1.5 million in 2025 to $7 million for the upcoming season. The substantial pay raises reflect the league's growing revenue and popularity.

The new CBA takes effect immediately for the current season. The agreement comes as the WNBA continues to expand its reach and viewership, with the enhanced compensation structure aimed at retaining top talent and attracting new players to the league.

The unanimous approval from both ownership and players signals strong support for the deal's terms. Free agency and expansion draft procedures will now proceed under the new framework, with teams operating under significantly higher financial parameters than in previous seasons.