The new WNBA collective bargaining agreement was announced Tuesday by WNBA commissioner Cathy Engelbert and WNBPA president Nneka Ogwumike on “Good Morning America” with host Robin Roberts. As part of the agreement, WNBA salaries will be tripled so that the best players in the league will be making north of $500,000.

The new CBA is for an eight-year term and the average cash compensation is going to be set at $130,000.

In addition to the financial compensation, WNBA players will now receive better travel standards, more career development opportunities as well as child care, maternity and progressive family planning benefits. The WNBA has also started “WNBA Changemakers” to improve the player experience and initiate change in league business.

On “Good Morning America” Ogwumike talked about wanting the new CBA to “set the tone” for women’s sports beyond basketball and help create a better “legacy for women in sports moving forward.”

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