# MM3 Sports > MM3 Sports explains the business of basketball: NBA and WNBA contracts and collective bargaining agreements, college NIL and revenue sharing, and FIBA rules for playing overseas. Written by McKinley Malbrough III, J.D., MS-HRM, certified WNBA player agent and former certified NBA agent, Oakland, California. Every figure is sourced on the page. Content is general information, not legal, tax or financial advice. MM3 Sports does not publish client or private business information. Full text of every article and the complete glossary: https://mm3sports.com/llms-full.txt ## Library ### College and NIL - [How does revenue sharing work for college basketball players?](https://mm3sports.com/articles/college-basketball-revenue-sharing/): How the House settlement revenue-sharing cap works in 2026-27, how it differs from third-party NIL, and what NIL Go reporting means for college basketball players. Published 2026-09-26. - [Do college athletes pay taxes on NIL money?](https://mm3sports.com/articles/nil-taxes-college-athletes/): NIL income is taxable whether or not a 1099 arrives. How self-employment tax, the new $2,000 1099 threshold, quarterly payments and revenue-share money work in 2026. Published 2026-09-26. ### NBA - [How much do NBA rookies make in 2026-27?](https://mm3sports.com/articles/nba-rookie-scale-2026/): How the NBA rookie scale sets first-round salaries against the $164,961,000 cap for 2026-27, what the No. 1 and No. 30 picks earn, and how second-round picks get paid. Published 2026-09-26. - [What is a two-way contract in the NBA?](https://mm3sports.com/articles/nba-two-way-contract/): How NBA two-way contracts work in 2026-27: the $678,882 salary, the 50-game limit, guarantees up to $91,000, the March 4 deadline and how a player gets converted. Published 2026-09-26. ### WNBA - [How much do WNBA players make under the new CBA?](https://mm3sports.com/articles/wnba-salaries-2026/): The 2026 WNBA collective bargaining agreement: a $7 million cap, a $1.4 million max, minimums from $270,000 to $300,000, revenue sharing and how pay grows through 2032. Published 2026-09-26. - [How much does a WNBA rookie make in 2026?](https://mm3sports.com/articles/wnba-rookie-contract-2026/): The 2026 WNBA rookie scale: $500,000 for the No. 1 pick, at least $289,133 for any first-rounder, $270,000 for later rounds, protected lottery salaries and the new EPIC provision. Published 2026-09-26. ### International and FIBA - [What is a FIBA letter of clearance?](https://mm3sports.com/articles/fiba-letter-of-clearance/): What a FIBA letter of clearance is, when a player needs one, the six-day and seven-day deadlines, the CHF 250 fee, college-to-pro rules and why FIBA can refuse one. Published 2026-09-26. - [How do overseas basketball contracts work?](https://mm3sports.com/articles/overseas-basketball-contracts/): How professional basketball contracts abroad work: net versus gross salary, housing and car, payment schedules, the 10% FIBA agent fee cap, BAT arbitration and U.S. taxes in 2026. Published 2026-09-26. ## Reference - [Business of basketball glossary](https://mm3sports.com/glossary/): 235 defined terms, from Bird rights and aprons to NIL Go and FIBA letters of clearance. Each term has an anchor, e.g. https://mm3sports.com/glossary/#bird-rights ## About - [About MM3 Sports and McKinley Malbrough III](https://mm3sports.com/about/): credentials, education and editorial rules. - [Off the record](https://mm3sports.com/off-the-record/): background. - [The Film Room](https://mm3sports.com/film-room/): interactive tactics board. ## Contact - Media and speaking: mckinley@mm3sports.com - Instagram: https://www.instagram.com/mm3sports/ and https://www.instagram.com/agentmckinleymalbroughiii/