No, this post is not about WNBA players making as much as NBA players. There have been tons of complaints about that, though. They compare her salary to the tall guy from the Spurs (don't feel like looking up how to spell his name) as proof for the gender pay gap. They ignore the fact that comparing wages between players in the NBA and WNBA would be like comparing earnings between winning a local bike race and winning the Tour de France. It is an absurd notion.
The real issue is that in the WNBA wages are set by collective bargaining. This means prices are not allowed to clear the market, artificially lowering her salary.
Let's consider the Caitlin Clark effect:
- Her final three college games had more viewership than previous games in the NBA Finals.
- WNBA is expecting to make more money from broadcasting contracts due to her being in the league.
- Ticket prices for games she will be playing in are going up.
- Certain games she is playing in are moving to bigger stadiums.
- Her jersey was the top sold jersey after being drafted.
- Pretty sure season tickets for the Indiana Fever have gone up.
I am sure there are many, many more.
Even with all those things, the WNBA will not make as much as the NBA so it is no surprise she won't make as much as NBA players. The real issue that she and the other first 4 draft picks are all going to make the same amount of money from the WNBA. This is a travesty. The only reason I know the name of one other player among the top 4 draft picks is because she played against Iowa in the championship game. Yet she and 2 others will have the same WNBA salary as Clark for the first few years of their career. If you follow the viewership and the money, it is crystal clear that all the attention women's basketball is getting is from Clark. If prices weren't being distorted by collective bargaining, Caitlin Clark would make significantly more than other rookies, and likely the rest of the league.
Now imagine this - you single handedly make a change at your company that leads to an immediate and significant boost in revenue. Everyone in the company knows it was solely due to your ingenuity. Not only that, but because of you other employees will have the potential to increase their wages/bonuses. I don't know about you, but if I were not adequately compensated I would leave. I wouldn't complain about someone from a more profitable company getting paid more, I'd complain that I am not getting paid the most at my company.
If people really think Caitlin Clark should make more money, they should be opposed to unions artificially lowering her wages. It will never make sense to compare her salary to players in a league that has been around for 30 or so more years, is exceptionally profitable, and is literally subsidizing her league.