The WNBA Board of Governors has ratified a new eight-year collective bargaining agreement.

The agreement, approved Friday, includes an additional roster spot for each franchise, allowing teams to carry a maximum of 12 players.

The new CBA also decreases the number of times a player can be "cored," shortening the path to unrestricted free agency for stars. There also is an improved revenue-sharing program for the players and a small increase in the salary cap.

Another change is that teams can now offer players a "time off bonus." Teams have up to $50,000 to divide up among players who play fewer than three months overseas. Those bonuses aren't tied to any sort of offseason team obligations.

Both sides have the option to opt out of the CBA after the sixth season.