During the first four years of the league's existence, the Houston Comets reigned. With each Comets championship, Cynthia Cooper was named Finals MVP. As the team's leading scorer, Cooper, along with Tina Thompson and Sheryl Swoopes, led Houston to four consecutive WNBA championships.
In 2001, the Comets' dynasty ended by the hands of the Los Angeles Sparks. The Sparks won back-to-back, and dominant center Lisa Leslie was crowned as the Finals MVP both years.
From 2003 on to the present, there has been a different winner each season. This is mainly because the only team to win multiple championships in that timespan was the Detroit Shock. With the Shock, Ruth Riley, Deanna Nolan, and Katie Smith all won the Finals MVP award.