WNBA free agency opens with $1.4 million franchise tags for Ionescu, Collier and Plum

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WNBA free agency opens with $1.4 million franchise tags for Ionescu, Collier and Plum

WNBA free agency opens with $1.4 million franchise tags for Ionescu, Collier and Plum

New York's Sabrina Ionescu, Minnesota's Napheesa Collier and Los Angeles' Kelsey Plum were all extended franchise tags by their WNBA teams worth potentially $1.4 million as free agency opened up. Other players giving the “core” designation include Indiana's Kelsey Mitchell, Dallas' Arike Ogunbowale

WNBA free agency opens with $1.4 million franchise tags for Ionescu, Collier and Plum

New York's Sabrina Ionescu, Minnesota's Napheesa Collier and Los Angeles' Kelsey Plum were all extended franchise tags by their WNBA teams worth potentially $1.4 million as free agency opened up. Other players giving the “core” designation include Indiana's Kelsey Mitchell, Dallas' Arike Ogunbowale, Atlanta's Allisha Gray, Chicago's Ariel Atkins and Seattle's Ezi Magbegor.

The WNBA free agency window has officially swung open, and it did so with a historic bang. In a landmark move signaling the league's financial growth, three of its brightest stars—New York's Sabrina Ionescu, Minnesota's Napheesa Collier, and Los Angeles' Kelsey Plum—were each extended the franchise "core" designation, guaranteeing them a potential one-year supermax salary of $1.4 million. This figure represents a monumental leap, more than five times the previous maximum under the old collective bargaining agreement.

This "core" tag is a powerful tool for teams, granting them exclusive negotiating rights to retain their franchise cornerstones. For the players, it's a lucrative vote of confidence and a direct benefit of the league's new economic landscape. The move ensures these MVP-caliber talents remain central to their teams' identities as the WNBA continues its surge in popularity.

They weren't the only ones securing this key designation. A wave of elite talent across the league received the same tag, including Indiana's sharpshooter Kelsey Mitchell, Dallas's explosive scorer Arike Ogunbowale, Atlanta's versatile Allisha Gray, Chicago's defensive stalwart Ariel Atkins, and Seattle's dominant post presence Ezi Magbegor. This flurry of activity underscores how teams are prioritizing stability and building around proven stars.

The league's two expansion franchises, the Portland Fire and Toronto Tempo, also utilized the mechanism to secure their first building blocks. Portland used the first overall pick in the expansion draft on Bridget Carleton and immediately offered her the core tag, while Toronto did the same for Marina Mabrey, selected sixth.

While the core tag guarantees a hefty salary, it also allows for flexibility. Players and teams can negotiate different contract structures to help manage the new salary cap, which is expected to be around $7 million, creating room to build a competitive roster. These designated players can also be involved in sign-and-trade agreements, adding another layer of strategy to the free agency period.

This accelerated free agency period, delayed due to the recent CBA negotiations, is moving quickly. After a negotiation window from Wednesday to Friday, players can begin signing new deals on Saturday. The clock is ticking toward training camp, which is scheduled to begin on April 19, with preseason games tipping off just a week later on April 25. With over 80% of the league's players now free agents, the next few days will reshape the landscape of the WNBA for the 2024 season and beyond.

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