Caitlin Clark can earn up to $500,000 during her rookie season, WNBA commissioner Cathy Engelbert has claimed in an effort to quell outrage on the No.
1 draft choice’s low base salary.
The former Iowa star will make just $76,535 in base salary from the Indiana Fever, part of a four-year, $338,056 deal with the team.
1 pick in last year’s NBA draft, signeda four-year, $55.2 million rookie contract, the largest possible deal under the NBA’s current labor agreement.
That comes to roughly $12 million in base salary as a rookie.
1 pick.” Clark’s base salary is limited by the WNBA’s collective bargaining agreement.
That runs through 2027, but could end sooner, particularly if Clark helps raise the WNBA TV ratings.
Clark will also pick up money through endorsement deals with such corporate giants as Nike, Gatorade, State Farm and Goldman Sachs, among others.
To allay criticism regarding the No. 1 overall pick, WNBA commissioner Cathy Engelbert stated that Caitlin Clark could make up to $500,000 in her rookie season. The modest base pay of one draft choice.
The Indiana Fever have signed a four-year, $338,056 contract with the former Iowa standout, but his base salary will only be $76,535. The base is significantly lower than an NBA amount, so when that was discovered, there was outcry.
Wembanyama Victor, the No. the highest possible deal under the NBA’s current labor agreement, a four-year rookie contract worth $55 million, was signed by the first pick in last year’s NBA draft. That works out to a base salary of about $12 million for a rookie.
Now that Engelbert has made it clear, Clark will probably make much more.
According to NJ . com, Engelbert stated, “[For a] CEO, do you just put the base pay in there? No, you put their bonus, you put their stock options, you put everything,” during a CNBC Changemakers event.
They’re only looking at a base, which is collectively bargained and [what is reported is] actually low, because she’s the No. 1 player in the WNBA, but Caitlin has the potential to make up to a half a million dollars in WNBA wages alone this year. Just one choice. “.
Under the terms of the collective bargaining agreement, Clark’s base salary is restricted. That is valid through 2027, but it may expire earlier if Clark contributes to an increase in WNBA TV viewership.
In addition, Clark will profit from endorsement agreements with major corporations like Gatorade, Nike, State Farm, and Goldman Sachs.
