Former WNBA MVP Nneka Ogwumike has signed a contract with Project B, the first player who is known to have joined the latest professional women's basketball league ahead of play that is expected to begin in Europe and Asia next winter.

Ogwumike, like other players in the league, will get an undisclosed salary and equity stake in the league. Project B officials have said the 66 players who they want for their league — the format calls for six teams of 11 women each — will receive larger salaries than those currently offered by the WNBA.

While the financial specifics haven't been disclosed, the potential of more lucrative compensation comes at an important moment for women's professional basketball. As interest in the sport has soared in recent years, the WNBA and players union are locked

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