WNBA's board of governors ratifies new CBA, what it means for players

The WNBA board of governors ratified the new CBA, ushering in a \

After agreeing in principle to a landmark CBA deal on March 18, the WNBA's board of governors voted to ratify the terms of the deal.

Just one day after WNBA players voted to ratify a term sheet for the agreement, the league's board of governors, which includes team owners, agreed to do the same.

“This marks the beginning of a bold new era of the WNBA – one made possible by the passion and dedication of the players, team owners, fans, investors, partners and the entire WNBA family,” WNBA commissioner Cathy Engelbert said in a statement. “We remain focused on building on the unprecedented momentum around the league and preparing for our milestone 30th season, tipping off in May.”

"This transformational CBA delivers consequential economic progress and expanded benefits that support players on and off the court," the WNBPA said on March 23. "It builds a stronger foundation for today's players, the next generation, and those who helped build the WNBA. It affirms the strength of our union and the power of our collective voice."

The WNBA and players' union will work together in the coming days to finalize the long-form CBA agreement.