Angel Reese: Despite earning $73,000 in the WNBA, I am struggling financially because I am living beyond my means.
Despite being one of the faces of the WNBA, Angel Reese's salary of $73,439 is not enough to help her make ends meet.
"During a recent Instagram live, she stated that the WNBA does not pay her bills at all, and she believes it doesn't even cover one of her expenses."
Reese's monthly rent payment is $8,000, which amounts to $96,000 annually, which exceeds her annual earnings. "I'm living beyond my means," she quipped.
She said, laughing, that her salary was not enough to cover her car note, and she wouldn't even be able to eat or live on her earnings from the league.
Reese has previously disclosed her pay situation, stating in May that her primary income comes from endorsement deals and her WNBA earnings are a bonus.
"I believe it's advantageous for me to play for four to five months and receive $75,000 in addition to my other endorsements," she stated at the time.
Reese's chocolates, Reebok, and Beats by Dre are among the brands that have partnerships with Reese.
In addition to her offseason activities, she also takes part in Unrivaled, a new 3v3 league in Florida, to earn extra money. Previously, WNBA players have traveled abroad to boost their salaries.
""Although many of us don't want to travel overseas, some people have to, unfortunately," she said in August. "Being able to earn six figures in three months through Unrivaled, being able to live in Miami, and having access to better opportunities are all impressive," she added."
This season, Jackie Young of the Las Vegas Aces is the highest paid WNBA player, earning just over $250,000, while Steph Curry of the Golden State Warriors is the NBA's salary leader, earning $51.9 million last year and set to make $55.7 million this upcoming season.
At the CNBC Changemakers Event, WNBA commissioner Cathy Engelbert highlighted the league's efforts to close the gap between itself and men's leagues that have been in existence for "75 to 120 years."
"We're entering our 28th season. If you compare our progress to other leagues after 28 seasons, we're ahead. However, we understand that our success depends on the ecosystem around us and generating revenue."
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