Why is there a WNBA?

What was the purpose of the WNBA?

The purposes of WNBA are educational and charitable. WNBA came into being to inform book women about matters relevant to themselves and the book world so that these women could inform and help one another.

Is WNBA owned by NBA?

The WNBA now consists of a mix of seven independently owned teams and five that share an owner with an NBA team. Ownership of the league itself is split between the NBA and its WNBA franchise owners. When the NBA announced it would no longer subsidize the WNBA in 2002, some NBA owners sold their teams.

Why is it called WNBA?

The Women’s National Basketball Association (WNBA) is a professional basketball league in the United States.

Women’s National Basketball Association.

Current season, competition or edition: 2021 WNBA Finals
Founded April 22, 1996
Founder David Stern
Inaugural season 1997
Commissioner Cathy Engelbert

Is WNBA losing money?

NBA commissioner Adam Silver reports that the WNBA has lost an average of $10 million every year it has existed, which the NBA subsidizes out of the goodness of its politically correct heart.

Who owns the Dream WNBA?

Renee Montgomery is now co-owner of the WNBA franchise Atlanta Dream, a team she used to play for. She’s seen above at Jr. NBA Day in February 2020 in Chicago.

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