The Liberty were major players in the 2020 WNBA draft, entering that draft with three first-round picks plus two in the early second round. Shortly before the draft, they traded former league MVP Tina Charles to the Washington Mystics in a deal that also involved the Dallas Wings. They chose Sabrina Ionescu as the first pick, with Megan Walker and Jazmine Jones selected later in that round. The team also introduced a new logo, featuring a simplified version of their Statue of Liberty branding. The color black was also made one of the primary colors, echoing the aesthetic of their NBA brother squad, the Brooklyn Nets.