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💰 MONEY MOVES

BIG MONEY, BUT AT WHAT COST?

Nneka Ogwumike. Photo via the Seattle Storm.

Nneka Ogwumike’s got a new job.

On November 5, it was reported that the Seattle Storm star and WNBPA President is the first women’s basketball player signed on to Project B. What’s Project B, you may ask? It is a new 5×5 league that plans to begin play in November of 2026.

They plan is to have men’s and women’s leagues, but their plan for the men are currently on hold. The league will feature six teams of 11 players on each club and play 5×5 games across Europe, Asia, and Latin America from November to April.

They have an A list of investors, including WNBA legends Candace Parker, Alana Beard, and Lauren Jackson. Their main investor is one of the largest and most influential in the world, and that’s where things get complicated.

One partner of Project B is Sela, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF). Galaxy Entertainment is a casino group based in the Macau region of China. Sela’s involvement is notable as Saudi Arabia has worked to become a major player in American sports and entertainment. We’ve seen their involvement in the United States as their ten-year partnership with WWE includes WrestleMania 43 in 2027, NFL legend (and Las Vegas Aces co-owner) Tom Brady, and current NFL players taking part in a flag football tournament in March 2026 in Riyadh, Saudi Arabia, Formula One racing, and plenty more.

The PIF is also in competition with the United Arab Emirates to attain more influence in the NBA. Although it’s not her first choice, WNBA Commissioner Cathy Engelbert didn’t close the door on the W playing a game in Saudi Arabia. As more money comes in, leagues and organizations will have to decide if it’s worth it. That answer now and forevermore will likely be a resounding YES.

Saudi Arabia’s history of human rights violations and terrible treatment of LGBTQ+ individuals makes this an especially fraught issue. Across WNBA history, players have gone overseas to play for teams in countries that are hostile (and worse) to human rights, so Ogwumike taking part in this new basketball league isn’t new in the long arc of sports history. Saudi Arabia has been wildly successful in using sports to rehabilitate their imag,e and it won’t be stopping any time soon.

Earlier this week, I saw a fascinating clip from Pablo Torre. He was at the Dodd Center of Human Rights in Connecticut and spoke about the silence of various figures and the understanding that everyone essentially has a number that would cause people to sell out their stated principles in favor of immeasurable wealth

Athletes and public figures of various stripes have kept silent on various social issues since the 2024 US Presidential Election and I doubt they start speaking up at this point.

To pivot back to the business of basketball, Project B acknowledges that while they may be competition to the WNBA, their goal is to be “additive” to the global women’s basketball landscape and provide another offering for basketball fans. For Ogwumike in particular, Project B is one organization in a bevy of options for players to take part in.

“There’s so many different opportunities for players outside of (the WNBA) and that’s always been the case,” Ogwumike told the Associated Press. “This is just another one of those opportunities and I know that a lot of players are doing what they can to ensure that they can maximize on the short time that they have in their playing careers. This is my chance to be able to do that.”

According to Front Office Sports, “multiple stars are being offered seven-figure salaries starting at $2 million annually, with their earnings for multiyear deals reaching eight figures. In addition, players will receive equity in the league, similar to Unrivaled.” Candace Parker noted that Project B will give athletes equity and an opportunity to shape the direction of the sport.

Before Ogwumike joins in 2026, she has to complete the business of her current league and secure a transformational Collective Bargaining Agreement. The league and the Players Association are far apart on a series of issues, and there’s a chance things go sideways and the 2026 season will be at serious risk. Signing with a brand new, divisive league during tense CBA negotiations isn’t something I’d do if I were President of the union, but I’m not in her shoes, so maybe my answer would be different if I were.

Ogwumike has a lot on her plate. As a player, she’s looking to earn as much money as possible. As President, she’s fighting for various groups as the WNBPA tries to secure a history-making CBA.

Project B complicates the situation and creates a tense existence for everyone.

⛈️ A NEW ERA IN SEATTLE

SONIA RAMAN IS OFFICIALLY INTRODUCED

Sonia Raman. Photo via Scott Eklund/NBAE

It’s the dawn of a new day in Seattle.

On November 5, Sonia Raman was officially introduced as the new head coach of the Storm. She will be tasked with guiding the Storm to their first playoff series win since 2022 and first championship since 2020. Storm General Manager Talisa Rhea mentioned that she thought the team was close to getting over the hump last season and will get to know what players best fit Raman’s system and build a roster that allows her vision to fully blossom.

Raman was asked about utilizing analytics in her coaching and she mentioned that it’s a tool in her toolbox, but having a feel for the game and what she’s coaching is just as valuable. She added:

“It's a tool, it's a resource. “But it doesn't always mean what maybe people think it might mean. There's a way to do things where you're going to get to a base offense or a base defense by following the analytics and the trends. But I think the best teams, there's always exceptions somewhere along the way. They're really great at something that other teams aren't as good at, and those things defy analytics.

And so being able to unlock that, and doing that with our group and having that feel, I think, is really, really important.”

As we discussed in the most recent episode of Tempestade Talk, offense was hard to come by for the Storm in 2025. How Raman draws things up for her new roster will be fascinating to watch when the WNBA returns.

We’ll have plenty more on the Raman hire and the Storm’s plans for the off-season on Black Rosie Media coming soon!

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⛹️‍♀️ UNRIVALED HOLDS ITS PLAYER DRAFT

THE ROSTERS ARE SET!

Photo via Unrivaled.

We’re one step closer to the beginning of Unrivaled’s sophomore season. January 5th is Opening Night, and the teams are set. On November 5, Unrivaled hosted a live draft where this year’s rosters were unveiled.

The reigning champion Rose BC retained Chelsea Gray, Azura Stevens, Kahleah Copper, and Lexie Hull from last season and will be adding Sug Sutton and Shakira Austin to coach Nola Henry’s rotation.

We’ll also get to see young stars Dominique Malonga, Paige Bueckers, Kiki Iriafen, Saniya Rivers, and Cameron Brink make their debuts in Unrivaled this year as well. There’s plenty of exciting talent entering the 3×3 format and it’s going to be fun to watch how they adjust to this new environment.

Unrivaled has made some significant changes for Year Two, including the introduction of a player development pool. In Year One, Unrivaled had to sign players at a moment’s notice due to injuries that occurred during play. It made for a chaotic experience at times, and this pool should help prevent such incidents from happening again. Here’s the pool:

  • Laeticia Amehere

  • Emily Engstler

  • Aziaha James

  • Haley Jones

  • Hailey Van Lith

  • Mikayla Timpson

Even with the WNBA in the off-season, there’s plenty of fantastic basketball for fans to take part in.

It’s beneficial for the health of the game to have numerous options for players and fans alike.

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📰 WHAT WE’RE READING

At Black Rosie Media, we love to give flowers to other writers and creators in the women’s basketball community.

Here’s what we’re reading:

On the 2 and the 4: A SheaButter FC Newsletter

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Two Black women’s soulful & seasoned perspectives on soccer & everything in between!🎙

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