BusinessMirror
  • News
    • News
    • Top News
    • Regions
    • Nation
    • World
    • Asia Today
  • Business
    • Business
    • Agri-Commodities
    • Asean Economic Community
    • Banking & Finance
    • Companies
    • Economy
    • Entrepreneur
    • Executive Views
    • Export Unlimited
    • Harvard Management Update
    • Monday Morning
    • Mutual Funds
    • Stock Market Outlook
    • The Integrity Initiative
  • Sports
  • Opinion
    • Opinion
    • Columns
    • Editorial
    • Editorial cartoon
  • Life
    • Life
    • Art
    • Design&Space
    • Digital Life
    • Journey
    • Motoring
    • 360° Review
    • Property
    • Show
    • Tech
    • Tourism
    • Y2Z
  • Features
    • Biodiversity
    • Education
    • Envoys & Expats
    • Explainer
    • Faith
    • Green
    • Health & Fitness
    • Mission: PHL
    • Our Time
    • Perspective
    • Photo Gallery
    • Science
    • Today in History
    • Tony&Nick
    • When I Was 25
    • Wine & Dine
  • BMPlus
    • BMPlus
    • SoundStrip
    • Live & In Quarantine
    • Bulletin Board
    • Marketing
    • Public Service
    • CSR
  • The Broader Look

Today’s front page, Monday, September 25, 2023

Subscribe
BusinessMirror
BusinessMirror
  • News
    • News
    • Top News
    • Regions
    • Nation
    • World
    • Asia Today
  • Business
    • Business
    • Agri-Commodities
    • Asean Economic Community
    • Banking & Finance
    • Companies
    • Economy
    • Entrepreneur
    • Executive Views
    • Export Unlimited
    • Harvard Management Update
    • Monday Morning
    • Mutual Funds
    • Stock Market Outlook
    • The Integrity Initiative
  • Sports
  • Opinion
    • Opinion
    • Columns
    • Editorial
    • Editorial cartoon
  • Life
    • Life
    • Art
    • Design&Space
    • Digital Life
    • Journey
    • Motoring
    • 360° Review
    • Property
    • Show
    • Tech
    • Tourism
    • Y2Z
  • Features
    • Biodiversity
    • Education
    • Envoys & Expats
    • Explainer
    • Faith
    • Green
    • Health & Fitness
    • Mission: PHL
    • Our Time
    • Perspective
    • Photo Gallery
    • Science
    • Today in History
    • Tony&Nick
    • When I Was 25
    • Wine & Dine
  • BMPlus
    • BMPlus
    • SoundStrip
    • Live & In Quarantine
    • Bulletin Board
    • Marketing
    • Public Service
    • CSR
  • The Broader Look
  • Sports

Lure of Russia? Awash with cash

  • The Associated Press
  • March 7, 2022
  • 3 minute read
Brittney Griner (with ball) is arrested at an airport near Moscow last month after Russian authorities say a search of her luggage revealed vape cartridges.

RUSSIA has been a popular destination for Women National Basketball Association (WNBA) players like Brittney Griner over the past two decades because of the money they can make playing there in the winter.

With top players earning more than $1 million—nearly quadruple what they can make as a base salary in the WNBA—Griner, Breanna Stewart, Diana Taurasi, Sue Bird and Jonquel Jones have been willing to spend their offseason playing far from home. It’s tough for WNBA players to turn down that kind of money despite safety concerns and politics in some of the countries where they play.

The 31-year-old Griner, a seven-time All-Star for the Phoenix Mercury, has played in Russia since 2014. She was returning from a break for the FIBA Women’s Basketball World Cup qualifying tournaments when she was arrested at an airport near Moscow last month after Russian authorities said a search of her luggage revealed vape cartridges.

On Saturday, the State Department issued a “do not travel” advisory for Russia because of its invasion of Ukraine and urged all US citizens to depart immediately, citing factors including “the potential for harassment against US citizens by Russian government security officials” and “the Embassy’s limited ability to assist” Americans in Russia.

Turkey, Australia, China and France also have strong women’s basketball domestic leagues where some of the WNBA’s best play in their offseason.

WHY RUSSIAN SALARIES ARE SO HIGH

RUSSIAN sports leagues have been able to pay top players these high salaries because some of the teams are funded by government municipalities while others are owned by oligarchs who care more about winning championships and trophies than being profitable.

There are stories of Russian owners putting up players in luxury accommodations and taking them on shopping sprees and buying them expensive gifts in addition to paying their salaries.

In 2015, Taurasi’s team, UMMC Ekaterinburg—the same one Griner plays for—paid her to skip the WNBA season and rest.

“We had to go to a communist country to get paid like capitalists, which is so backward to everything that was in the history books in sixth grade,” Taurasi said a few years ago.

The Russian league has a completely different financial structure from the WNBA, where there is a salary cap, players’ union and collective bargaining agreement (CBA).

The WNBA has made strides to increase player salaries and find other ways to compensate players in the last CBA, which was ratified in 2020. The contract, which runs through 2027, pays players an average of $130,000, with the top stars able to earn more than $500,000 through salary, marketing agreements, an in-season tournament and bonuses.

The CBA also provides full salaries while players are on maternity leave, enhanced family benefits, travel standards and other health and wellness improvements.

WHO PLAYS THERE?

MORE than a dozen WNBA players were playing in Russia and Ukraine this winter, including league MVP Jones and Courtney Vandersloot and Allie Quigley of the champion Chicago Sky. The WNBA confirmed Saturday that all players besides Griner had left both countries.

Almost half of the WNBA’s 144 players were overseas this offseason, although stars Candace Parker, Bird, Chiney Ogwumike and Chelsea Gray opted to stay stateside.

WILL THIS LAST?

FROM purely a basketball stand point, the CBA will make it more difficult for WNBA players to compete overseas in the future. Beginning in 2023, there will be new WNBA prioritization rules that will be enforced by the league.

Any player with more than three years of service who arrives late to training camp will be fined at a rate of 1 percent of base salary per day late. In addition, any player who does not arrive before the first day of the regular season will be ineligible to play at all that season. In 2024 and thereafter, any player who does not arrive before the first day of training camp (or, with respect to unsigned players, finish playing overseas) will be ineligible to play for the entire season.

The WNBA typically begins training camp in late April and the regular season starts in early May. Some foreign leagues don’t end before those dates. AP

Image credits: AP



0
0
2
0
Share 0
Tweet 0
Pin it 2
Share 0
Related Topics
  • Featured

Know more

Know more
  • 2 min
  • Sports

Bronze for starters from Jin King

  • Jun Lomibao
  • September 24, 2023
Know more
  • 2 min
  • Sports

Delgaco takes on continent’s giants in single sculls final

  • Jun Lomibao
  • September 24, 2023
Know more
  • 2 min
  • Sports

Yaoyao, Evangelista compete in women’s XCO of MTB cycling

  • Business Mirror
  • September 24, 2023
Know more
  • 2 min
  • Sports

Ubas, athletics team hit town this week

  • Jun Lomibao
  • September 24, 2023
Know more
  • 1 min
  • Sports

Filipinas square off with tough SoKors

  • Jun Lomibao
  • September 24, 2023
Know more
  • 1 min
  • Sports

Nakano, Lopez exitjudo competitions

  • Jun Lomibao
  • September 24, 2023
Column box-Rick Olivares - Bleachers' Brew
Know more
  • 2 min
  • Column
  • Sports

That comeback period

  • Rick Olivares
  • September 24, 2023
Know more
  • 2 min
  • Sports

La Salle crushes Ateneo, goes to V-League finals

  • BusinessMirror
  • September 24, 2023
Know more
  • 2 min
  • Sports

NCAA Opener: JRU beats Letran in OT

  • BusinessMirror
  • September 24, 2023
Know more
  • 2 min
  • Sports

Arellano whips Lyceum in SSL

  • BusinessMirror
  • September 24, 2023
Know more
  • 2 min
  • Sports

Manila Chooks! trips Futian, reaches q’finals of Cebu Masters

  • BusinessMirror
  • September 24, 2023
Know more
  • 2 min
  • Sports

Castil vows big bounce back at ICTSI Mimosa 

  • BusinessMirror
  • September 24, 2023
Know more
  • 3 min
  • Sports

Tambalque tops JPGT Pradera, tows 4 others to finals

  • BusinessMirror
  • September 24, 2023
Know more
  • 4 min
  • Sports

NHL tries to grow game with ‘ice’ hockey push Down Under

  • Associated Press
  • September 24, 2023
Know more
  • 2 min
  • Sports

Federer’s outfit from 20th major championship run expected to fetch $35,000 at auction

  • Associated Press
  • September 24, 2023
Know more
  • 2 min
  • Sports

Breaking debuts in Hangzhou

  • Josef Ramos
  • September 24, 2023
Know more
  • 2 min
  • Sports

Another chapter in Nesty’s career

  • Associated Press
  • September 24, 2023
Know more
  • 1 min
  • Sports

Eala draws opening-round bye in Asian tennis

  • BusinessMirror
  • September 23, 2023
Know more
  • 2 min
  • Sports

Tough task ahead for Watanabe, Filipino judokas

  • Jun Lomibao
  • September 23, 2023
Know more
  • 1 min
  • Sports

Didal reiterates focus on retaining skateboarding gold medal

  • BusinessMirror
  • September 23, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe

BusinessMirror
  • About Us
  • Contact Us
  • Advertise with us
  • Privacy Policy
  • Cookie Policy
  • Podcast
  • Text-Only Homepage

Input your search keywords and press Enter.