March 18 (UPI) -- The WNBA and Women's National Basketball Players Association reached a verbal agreement on terms of a collective bargaining agreement, the league confirmed Wednesday.
WNBA commissioner Cathy Engelbert informed reporters of the agreement inside the lobby of The Langham Hotel in New York.
Engelbert, WNBPA executive director Terri Carmichael Jackson and executive committee members Nneka Ogwumike, Breanna Stewart, Alysha Clark and Brianna Turner had started negotiation sessions for an agreement last week at the hotel.
A formal term sheet is being finalized and the agreement must be ratified by the players and WNBA board of governors. Neither the league nor players union shared details.
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