WNBA investigating Las Vegas Aces after every player received $100,000 in sponsorship (2024)

jordan mendoza, usa today

·4 min read

The WNBA is investigating the two-time defending champion Las Vegas Aces after every player on the roster received a $100,000 sponsorship deal.

On Friday, the Las Vegas Convention and Visitors Authority announced it would sponsor every player on a two-year deal that nets the player $100,000. The organization posted a video on social media of leadership telling the players as well.

In the video, tourism authority president and CEO Steve Hill told the players "the offer's really simple: we want you to just play, we want you to keep repping Las Vegas, and if you get a three-peat, that'd be icing on the cake.'

The Las Vegas Review-Journal reported every player signed a contract that will have them "reach mutually agreeable opportunities for appearances on Las Vegas’ behalf," and they will get gear to wear to promote the city.

However, each player signed a contract to “reach mutually agreeable opportunities for appearances on Las Vegas’ behalf.” The LVCVA will also provide players with Las Vegas-centric gear that they will be expected to wear to promote the city.

WNBA investigating Las Vegas Aces after every player received $100,000 in sponsorship (1)

The deals were brokered directly with each player’s agents, the authority said, and not through the team so it would avoid breaking the WNBA's salary cap rules. The team had no knowledge of the deal, according to the authority. However, a WNBA spokesperson confirmed to USA TODAY Sports the league has opened an investigation into the matter.

Why is WNBA investigating Las Vegas Aces?

The league did not specify why it is investigating the Aces, but it likely could be tied to whether the deal actually violates the salary cap, despite the sponsorship being similar to a name, imagine and likeness (NIL) deal for a college athlete. ESPN reported the league would look into if the deal "violates the spirit of the cap rules," in that it would give the team a recruiting advantage and an extra incentive for players to sign with Las Vegas.

The WNBA salary cap is $1.4 million, and the deal with the Las Vegas Convention and Visitors Authority totals $1.2 million for the team.

The deal also is more money than half of the roster makes on their WNBA contract; six of the 12 players on the roster make under $100,000, according to Spotrac. A'ja Wilson and Kelsey Plum are the top earners at $200,000 each, while rookies Dyaisha Fair and Kate Martin will make $67,249 this season, the lowest on the team, according to the website.

Guard Sydney Colson, who according to Spotrac makes $76,535, said on social media it is "a life-changing investment."

"We’re SO appreciative and love representing this city!" she said.

Me when they told me we were getting 100k lmaooo https://t.co/atPNi9P5QZ

— A'ja Wilson (@_ajawilson22) May 18, 2024

Aces coach, players react to investigation

Reports of the investigation surfaced during Las Vegas' home win over the Los Angeles Sparks on Saturday. After the game, head coach Becky Hammon was asked about the deal. She noted how the Las Vegas Convention and Visitors Authority wanted the whole team to be sponsored and no team staff or front office personnel were contacted.

"From what I understand, is they wanted the whole team. So they went and called individuals, agents," Hammon said. "I don't know the details. I have nothing to do with it. The Aces don't have anything to do with it. It's just odd, but that's basically what happened."

Wilson said she learned about the investigation after the game and was puzzled by it.

"I don't understand the investigation," Wilson said. "I haven't dived into it yet. I just looked at my phone and was like, 'Oh, wow, just another day in the life of the Aces.' We can't ever start just normal, it's always going to be something, and that's OK."

Wilson added on social media, "What happened to growing the game?"

Las Vegas was under WNBA investigation before the 2023 season. Hammonwas suspended for the first two games of the season without pay and the team lost a 2025 first-round draft pick after the league ruled the Aces violated the workplace policies and league rules regarding player benefits. The WNBA said the Aces promised impermissible benefits in contract extension negotiations with former forward Dearica Hamby, and Hammon made comments to Hamby in relation to her pregnancy.

Las Vegas, which is attempting to go for the first WNBA Finals three-peat since the Houston Comets won the first four league titles in 1997-2000, is 2-0 this season.

Contributing: Jeff Zillgitt

This article originally appeared on USA TODAY: WNBA investigating Aces for $100K sponsorship for every player

WNBA investigating Las Vegas Aces after every player received $100,000 in sponsorship (2024)

FAQs

How much are the Las Vegas Aces worth? ›

Las Vegas Aces ($140 Million)

The Aces brought in $17.8 million in revenue last year and are valued at $140 million. The Aces made WNBA history before the 2024 season as they became the first team to ever sell out its entire season ticket packages for the year.

Who sponsors the Las Vegas Aces? ›

The LVCVA on Friday announced it will sponsor the 12 Aces players and pay them each $100,000, and the league opened an investigation into the sponsorship less than 24 hours later.

How much money does the WNBA lose per year? ›

Since the WNBA was founded in 1996, it has averaged losing about $10 million.

How much do the WNBA Aces make? ›

2024 Active Roster Cap
Player (12)PosBase Salary
Sydney ColsonG$76,535
Kierstan BellG$74,398
Kate MartinG$67,249
Jessika CarterC$64,154
8 more rows

How much is a WNBA team worth? ›

They start with the Las Vegas Aces ($140 million), Seattle Storm ($135 million) and New York Liberty ($130 million). The average WNBA team is worth about $96 million.

How much does Becky Hammon make? ›

The average salary for WNBA players in the 2022 season stood at $102,751. Las Vegas Aces head coach Becky Hammon, who was the highest-paid coach in the WNBA before Tibbetts, reportedly earns $1 million per season.

Why are the Aces under investigation? ›

It's the second time in as many seasons the Las Vegas Aces are under investigation after allegations of extra benefits to players and accusations by current Los Angeles Sparks forward Dearica Hamby, who said the team traded her because she was pregnant.

How much does a Ja Wilson make for the Las Vegas Aces? ›

A'ja Wilson's net worth and salary

With a current salary of $200,000 per season, she ranks among the league's top earners, a testament to her exceptional skill and value to the Aces franchise.

What is the WNBA salary cap? ›

Current Salaries
Key CBA Numbers
Salary Cap$1,463,200
Roster Size Requirement11 to 12
Player Supermaximum$241,984
Player Maximum$208,219
2 more rows

Is WNBA money guaranteed? ›

WNBA players, however, don't receive the same guarantees. Instead, WNBA players get 50 percent of “incremental revenue,” which is defined as revenue that exceeds the targets the league has set for itself.

What is the average NBA salary? ›

The NBA and WNBA are the two top leagues for basketball in the United States for men and women, respectively. In the NBA, players took home an average annual salary of over 10 million U.S. dollars for the 2023/24 season, with the league's minimum salary set at 1.12 million U.S. dollars that year.

What is the NBA net worth? ›

The net worth of the NBA league increased significantly over the last 20 years. The biggest jump occurred in 2015 when the total value of NBA teams increased by 74.4%. 30 NBA teams combine for $74.4 billion in value for 2022. This is the third year in a row where the league's net worth exceeds $60 billion.

What percentage do WNBA agents get? ›

In the WNBA, the WNBPA (players association) has a Standard Player Agent Agreement (SPAC) that every player and agent must follow. This designates that the agent can not take more than 5% of the contract.

How rich is Diana Taurasi? ›

Spanning two decades, her career has been decorated with numerous championships. She has also earned several awards and record-breaking achievements. As of 2024, Taurasi's enduring success in the WNBA and her various endorsem*nts have contributed to a net worth of $5 million, according to EssentialSports.

How many times do WNBA teams play each other? ›

Each team will play four games apiece versus three opponents, and three games apiece versus eight opponents.

Are Aces worth more than kings? ›

There are 52 cards in the pack, and the ranking of the individual cards, from high to low, is ace, king, queen, jack, 10, 9, 8, 7, 6, 5, 4, 3, 2. There is no ranking between the suits - so for example the king of hearts and the king of spades are equal.

What are Aces worth in a deck of cards? ›

card games

…the numeral 1 is designated ace and marked A accordingly. In games based on the superiority of one rank over another, such as most trick-taking games, the ace counts highest, outranking even the king. In games based on numerical value, the ace normally counts 1, as in cribbage, or 11,…

How much are Aces worth in a game of rummy? ›

The value of an ace in rummy remains the same throughout the game: 10 points for each of the four (or eight) aces. In this sense, it is a face card with a high value and carries the same number of points as the other three face cards (J, Q, and K).

How old are the Las Vegas Aces? ›

The Las Vegas Aces began their WNBA journey in 1997 as the Utah Starzz.

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