(Photo credit: Matt Krohn-Imagn Images)

The Women's National Basketball Players Association reduced its requested share of the league's gross revenue in a counterproposal sent to the WNBA on Friday, multiple media outlets reported.

The union is now seeking 26% of the league's gross revenue, down from its previous position of 27.5%. The difference would be about $100 million over the life of a potential collective bargaining agreement, per the reports.

The salary cap under the new WNBPA offer would be approximately $9.5 million in the opening year of a new CBA. That is nearly $4 million above the league's position.

The WNBA's most recent proposal didn't change the league's primary financial stance, an offer of 70% of net revenue. That figure would equate to around 15% of gross revenue, according to multiple reports.

Another change in the union's new proposal relates to housing. The WNBPA is now seeking housing for players whose salaries are under 75% of the maximum instead of 80%.

The WNBA is willing to include housing for every player in the first year of the CBA. Beyond that, the league is offering to pay to house rookies, players on developmental deals and those making the minimum salary.

Earlier this week, multiple media reports indicated that the league needs to have a new CBA finalized by March 10 in order to avoid alterations to the 2026 schedule.

Free agency remains on hold, and the WNBA must conduct a two-team expansion draft to stock the incoming Toronto Tempo and Portland Fire.

Per the current schedule, the college draft will be held on April 13 and training camps would open six days later, with the first games slated for May 8.

--Field Level Media