Since Caitlin Clark was drafted, debate about her salary has dominated social media. WNBA commissioner Cathy Engelbert explains the economic truth behind it.
But the excitement around her being chosen first overall in the 2024 WNBA Draft earlier this week was tempered by discussions over her WNBA salary, and comparisons to rookies in other men's sports.
However, WNBA Commissioner Cathy Engelbert, speaking at CNBC's inaugural Changemakers Summit on Thursday in New York City, said there's a"false narrative" around Clark's expected salary, likening it to the way that executive salaries are displayed for public companies. A ‘deeply misguided' political belief is weakening the economy, says Secretary of Commerce Gina Raimondo. While many of those deals will carry over to the WNBA, her expanding platform is also helping to further grow her portfolio: Clark is expected to sign a new deal with Nike worth well over $20 million that will also include a signature sneaker,
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Caitlin Clark salary criticisms a ‘false narrative,' says WNBA commissioner Cathy EngelbertSince Caitlin Clark was drafted, debate about her salary has dominated social media. WNBA commissioner Cathy Engelbert explains the economic truth behind it.
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Caitlin Clark salary criticisms a 'false narrative,' says WNBA commissioner Cathy EngelbertSince Caitlin Clark was drafted, debate about her salary has dominated social media. WNBA commissioner Cathy Engelbert explains the economic truth behind it.
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