February 3, 2022
The gist:
The Stats:
State of play: Though the investment gap between men's and women's sports remains wide, women’s sports is increasingly meaning business.
- The WNBA just raised $75 million in a bid to revamp its business model as players call for expansion, higher salaries and better benefits. It's the first time the league has raised money from investors.
- The NWSL on Tuesday approved its first-ever CBA, a monumental step. The very next day, 2021 rookie of the year Trinity Rodman became the league's highest paid player (four years, $1.1M).
- Athletes Unlimited added basketball to its growing list of sports and began play last week with 44 players, including 11 from the WNBA.
- The Women's Sports Network will launch this summer as a first-of-its-kind 24/7 channel. "The audience is just too big to be underserved," WSN advisory board member Carol Stiff tells Axios.
- The Barcelona-Real Madrid Champions League quarterfinal on March 30 will be the most-attended women's club soccer match ever
- EA Sports last week added 10 women's hockey teams to NHL 22, marking the first time players can select a women's team in the game.
- The USGA is nearly doubling the LPGA U.S. Women's Open purse to $10 million.
- The Premier Hockey Federation, flush with a $25 million investment from its board of governors, more than doubled its salary cap and will add two teams.
- Perfect Game, which has organized youth baseball camps for decades, is adding a softball program.
Connect with the Axios post here.
