Current:Home > ContactRekubit-WNBA investigating $100,000 annual sponsorships for Aces players from Las Vegas tourism authority -VitalWealth Strategies
Rekubit-WNBA investigating $100,000 annual sponsorships for Aces players from Las Vegas tourism authority
EchoSense Quantitative Think Tank Center View
Date:2025-04-09 16:13:08
The RekubitWNBA is investigating whether the Las Vegas Convention and Visitors Authority's $100,000 annual sponsorship to Aces players for this season and next is allowed.
A league spokesperson confirmed Saturday that there is an open investigation looking into the deal. The sponsorships do not violate the WNBA's salary cap because the Las Vegas authority did not orchestrate them with the club. But other teams likely were raising questions about the fairness of the sponsorships and whether they violates the spirit of the cap rules.
"I'll put it to you real simple. Most of sponsorship people go after the top two people," Aces coach Becky Hammon said. "This situation from what I understand is, they wanted the whole team. They called individual agents. I don't know the details. I have nothing to do with it. The Aces don't have anything to do with it. That's what happened."
This isn't the Aces first run-in with the league over the last few years. Last year, the WNBA suspended Hammon for two games and took away the Aces' 2025 first-round draft pick because the franchise violated league rules regarding impermissible player benefits and workplace policies.
"Just another day in the life of the Aces. We can't just ever start normal," star A'ja Wilson said. "There's always going to be something and that's OK. When we're talking about growing the game or taking the next step it can't always be investigated. It has to be like we're trying to make things better for franchises, for players for teams."
The head of the authority feels they did nothing wrong.
"We did this the right way," authority president and CEO Steve Hill told The Associated Press on Saturday. "We did something that we think works for Las Vegas and I think great for the players. We did this without the team. It was our idea and any questions they ask they'll find that out."
The authority posted a video on X of Hill telling the players in the locker room the news on Friday.
"We have 100 influencers we pay to represent Las Vegas," Hill told the AP. "This isn't any different then that. All of these ladies are completely eligible to have sponsorships. We are just asking them to represent Vegas."
The players were thrilled by the move.
"The city of Vegas I've always said, it's a big small town and they just want the best for the people here," point guard Chelsea Gray said before the Aces' home game Saturday against the Los Angeles Sparks. "They're investing in us and so they put their money where their mouth is. We've done so much for the city and having fun doing it.
"It was a great moment for me and my teammates, of somebody actually putting funds behind, saying that they're supporting and they want to have our back."
According to the website Spotrac, which tracks player salaries, the sponsorship is higher than the earnings of six Aces players.
"Definitely more than my salary," said rookie Kate Martin, who makes $67,249, according to the website. "I'm super thankful. Sometimes I have to pinch myself to make sure I'm not dreaming, but this is very much real life and that is what all these players deserve. I wouldn't be getting this crazy bonus if it weren't for how great all of these players have played in the last few years."
The $100,000 also is a big addition even to what the top players make. A'ja Wilson and Kelsey Plum are the highest-paid Aces at $200,000 each and Gray is right behind at $196,267.
"(For) the LVCVA to see our value and to help close that pay gap, it says a lot about the character of the people that are there," said Alysha Clark, whose salary is listed at $110,000. "So I'm extremely grateful. I'm honored to be able to represent this organization and this city and be able to put on for the city, give back to this city and pour into the community, and that's what they did for us. It was really, really special."
The issue of WNBA salaries as compared to those of NBA players has received renewed scrutiny after it was revealed last month that No. 1 overall pick Caitlin Clark, who has emerged as one of America's most popular athletes, would be earning just over $76,500 her rookie year with the Indiana Fever, and roughly $338,000 over the four-year deal she signed.
While the former Iowa State star is expected to earn lucrative sponsorship deals as a professional, for comparison, San Antonio Spurs rookie Victor Wembanyama, the No. 1 pick in last summer's NBA draft, made more than $12 million in salary this season, according to Spotrac.
The issue even prompted President Biden to weigh in, who posted on social media April 16 that "women in sports continue to push new boundaries and inspire us all. But right now we're seeing that even if you're the best, women are not paid their fair share. It's time that we give our daughters the same opportunities as our sons and ensure women are paid what they deserve."
The WNBA has made strides in promoting pay equity in recent years. While NBA players collectively receive roughly 50% of the league's revenue, WNBA players previously took home less than 23%. But that figure jumped to 50% under the latest labor deal with the league.
— Megan Cerullo contributed to this report.
- In:
- WNBA
- Las Vegas
veryGood! (182)
Related
- From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
- Mike Tomlin plans to return to Steelers for 18th season as head coach, per report
- Biden to meet with congressional leaders on national security package
- JetBlue-Spirit Airlines merger blocked by judge over fears it would hurt competition
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Modi’s promised Ram temple is set to open and resonate with Hindus ahead of India’s election
- Heavy snowfall and freezing rain cause flight, train cancellations across Germany
- Josh Duhamel and Wife Audra Mari Welcome First Baby Together
- Paris Olympics live updates: Quincy Hall wins 400m thriller; USA women's hoops in action
- 'Say Something' tip line in schools flags gun violence threats, study finds
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Wrestler Hulk Hogan helps rescue teenage girl trapped after Florida car crash
- 'More than the guiding light': Brian Barczyk dies at 54 after battling pancreatic cancer
- U.S. says Houthi missiles fired at cargo ship, U.S. warship in Red Sea amid strikes against Iran-backed rebels
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Qatar and France send medicine for hostages in Gaza as war rages on and regional tensions spike
- Coachella 2024: Lana Del Rey, Doja Cat and Tyler, the Creator to headline, No Doubt to reunite
- RHOSLC's Meredith Marks Shares Her Theory on How Jen Shah Gave Heather Gay a Black Eye
Recommendation
IOC's decision to separate speed climbing from other disciplines paying off
Influencer Mila De Jesus Dead at 35 Just 3 Months After Wedding
Virginia Senate Democrats postpone work on constitutional amendments and kill GOP voting bills
Top official says Kansas courts need at least $2.6 million to recover from cyberattack
Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
'Ideal for extraterrestrial travelers:' Kentucky city beams tourism pitch to distant planets
An Ohio official was arrested for speaking at her own meeting. Her rights were violated, judge says
Ellen Pompeo's Teen Daughter Stella Luna Is All Grown Up in Emmys Twinning Moment