The New York Liberty and the Minnesota Lynx both have a shot to make history when the teams meet in the WNBA Finals.

Liberty are looking for the franchise's first championship while the Lynx are vying for a record fifth. They were the best two teams during the regular season, finishing in the top spots in the standings.

New York is back in the Finals for the second consecutive season and is hoping to erase the scar of losing to the Las Vegas Aces in 2023. Minnesota is making its first appearance in the championship round since 2017, when the team won its fourth title in a seven-year span.

"We learned from our experience I think that's a part of the journey," New York head coach Sandy Brondello said. "It motivated us to be better."

Game 1 is Thursday at 8 p.m. ET.

The Liberty built a super team last year by adding Breanna Stewart, Jonquel Jones and Courtney Vandersloot to Sabrina Ionescu and Betnijah Laney-Hamilton. The team fell short in the finals, losing to Las Vegas in four games. Now in the second year of this group, the squad is more cohesive on and off the court.

Stewart and Vandersloot have already won titles in Seattle and Chicago and would love to bring New York its first.

While the Liberty were expected back in the championship round, Minnesota made the biggest strides in the off-season, going from 19-21 last season to 30-10 this year. The Lynx are led by WNBA MVP runner-up and defensive player of the year Napheesa Collier. She raised her level of play this season and had help on the offensive end with the addition of guard Courtney Williams.

WATCH | Canada's Bridget Carleton advances to WNBA Finals:

Bridget Carleton and Minnesota Lynx advance to WNBA Finals in a rout over Connecticut Sun

Forward Bridget Carleton of Chatham, Ont., chipped in two points in Minnesota's 88-77 win over Connecticut, to advance to the WNBA Finals where they will meet the New York Liberty.

Williams has been to the Finals before, doing so with Connecticut in 2019 and 2022. The Sun lost both times.

"It's exciting, this is what you play for, to be on that stage," she said. "Ready for the moment and excited to get it done."

Besides Williams and guard Natisha Hiedeman, the Lynx don't have much playoff experience. Hiedeman was also with Connecticut in the finals runs in 2019 and 2022.

Collier became the first player in WNBA history to have at least 25 points and 10 rebounds in three straight post-season games when she had 27 and 11 in the decisive Game 5 win over Connecticut on Tuesday night.

"What makes Phee special is the consistency and the way she shows up every single day," Minnesota head coach Cheryl Reeve said. "Her work ethic, demeanour. She's improved every season. Every game it's more than scoring how she helps our team. ... When Phee plays like the MVP we're a hard team to beat."

New York struggled against Minnesota this year, losing two of the three regular-season meetings and the Commissioner's Cup championship game.

The Liberty had to go on the road for the first two games last year in the Finals and having home court advantage this time around is huge.

"Being on the other side of it last year knowing how hard it was to go on the road for the first two of the finals with an opposing crowd and try to steal a win and not be able to," Ionescu said. "I think we all understand that we'll have the whole city behind us, cheering us on."