Is WNBA owned by NBA?

The W.N.B.A. is currently owned half by the 30 N.B.A. teams, and half by the 12 W.N.B.A. teams. Ownership on both sides will be diluted as part of the deal.

Does the NBA give money to the WNBA?

In 2003, former NBA commissioner David Stern authorized a $12 million subsidy to the WNBA which just celebrated its five years of existence. Three years later, it was reported that the WNBA gets a $12 million yearly allowance from the NBA. It exists numerous reasons for which the WNBA struggles at the moment.