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 Tiba 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.
As of the 2013 finals only one non American player, Lauren Jackson of Australia has won a WNBA Finals MVP.
From 2003 on to the present, there has been a different winner each season. This is mainly because no team has managed to win back to back championships. While some teams have managed to win multiple championship since the dynasty years of the Comets and the Sparks, the matchup usually resulted in different MVPs. Good example of this is the Detroit Shock. Despite winning three titles within a six year span, three different players: Ruth Riley, Deanna Nolan, and Katie Smith won the Finals MVP award.