Tag: gender equality
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U.S. Soccer Settles with U.S. Women’s National Soccer Team – Promises Equal Pay and Payment of $24 Million
By Zac Cornell After six years of fighting and lawsuits over unequal pay and conditions, U.S. Soccer has finally settled with the U.S. Women’s National Team securing equal pay for men’s and women’s soccer, and a payout of $24 million, which is mostly back pay. The long-running fight between the World Cup-winning women’s soccer team…
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WNBA is valued at $1 Billion After “Largest-Ever Capital Raise for a Women’s Sports Property”
By Zac Cornell In its first-ever capital raise, the WNBA raised $75 million from investors, valuing the league and its teams at $1 billion. Touted in a WNBA press release as “the largest-ever capital raise for a women’s sports property,” the league brought in high profile investors including Nike, former U.S. Secretary of State Condoleezza…
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Big News In Women’s Soccer: The National Women’s Soccer League Players Association Signs Historic First-Ever Collective Bargaining Agreement And Trinity Rodman Signs Largest Contract in League History
By Zac Cornell The Players Association for the National Women’s Soccer League has signed the league’s first ever collective bargaining agreement, which will remain for five years. The new agreement includes a raise for all players, with the new minimum salary at $35,000 from last year’s $22,000. It also calls for yearly raises of 4%,…
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Closing the Pay Gap for Women Pro Golfers
By Zac Cornell The U.S. Women’s Open Golf Tournament has announced that this year’s tournament will award almost double the prize money from last year’s $5.5 million purse. This major upgrade comes as a result of the USGA signing ProMedica, as a presenting sponsor. The not-for-profit integrated health organization will not only raise the U.S.…
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USA Gymnastics To Pay $380 Million Settlement To Survivors of Nassar Sexual Abuse
By Zac Cornell After a five-year legal battle, USA Gymnastics, the U.S. Olympic and Paralympic Committee, and their insurers have reached a $380 million settlement with the more than 300 survivors of sexual abuse by former USA Gymnastics doctor Larry Nassar. Some of the high profile survivors among the settlement are Olympic gold medalists Simone…
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Kansas City Current Owners Announce The First Stadium Built For Women’s Pro Soccer
By Zac Cornell In addition to announcing their new official name and logo as the Kansas City Current, the owners of the Kansas City National Women’s Soccer League are making history with their announcement that they are building an 11,000 seat stadium for the women’s team – believed to be the first stadium created specifically…
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The NBA and LegalZoom Partner To Support Underrepresented Small Business Founders
By Zac Cornell The NBA announced a new multi-year partnership with LegalZoom to provide financial grants and support for underrepresented small business founders. The first program in the partnership is the “Fast Break for Small Business” initiative. The program has set aside $3 million for capital and $3 million for services to help support people…
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Joc Pederson = The Breakout Fashion-Forward Star of Major League Baseball?
By Zac Cornell Atlanta Braves’ 29-year-old star outfielder Joc Pederson is suddenly getting a lot of attention… for his fashion sense! Seemingly taking cues from stars like Harry Styles, Justin Bieber, and A$AP Rocky, in late September Pederson decided to start accessorizing his baseball uniform with a pearl necklace. Although baseball players are allowed to…
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DICK’s Sporting Goods Signs Multi-Year Deal with the WNBA to Court Female Customers
By Zac Cornell DICK’s Sporting Goods announced a multi-year deal to be the official and largest retailer of the Women’s National Basketball Association, a business move that continues the retailer’s efforts to actively attract female customers. Current DICK’s CEO Lauren Hobart, who prior to becoming CEO in early 2021 was the president of DICK’s and…
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The NCAA’s ‘March Madness’ Basketball Brand Will Now Include Both the Men’s and Women’s Tournaments
By Zac Cornell The NCAA announced that the lucrative “March Madness” brand would now be used for both the men’s and women’s basketball tournaments. Although few details were provided, the move is an important, significant development for women’s NCAA basketball, and the result of an external review of the gender inequities exposed at the 2021…
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