I would be willing to buy that back in the 90s when the WNBA kicked off, the NBA saw it as a way to grow the female fan base. That ship has sailed, though. The most ardent defenders of the WNBA are men. I don't know a single female WNBA fan. Sure, there are some, but the proportion of male to female fans is probably not all that different when compared to the NBA.
So, NOW, yes, I agree it is a woke/DEI issue for Silver and company. NBA owners are basically fed up with it. They are businessmen and they have seen absolutely zero ROI after a quarter century of dumping hundreds of millions of dollars into this thing. Problem is, there's no way out in this current climate. Although they are getting absolutely nothing from keeping the WNBA afloat, they would get absolutely crushed if they pulled out of it. ESPN would hammer them. So they are just stuck with it.
This is socialism, right? You don't deserve your money, I do. And if you don't give it to me, you're a racist, fascist, misogynist, Nazi.