Sports leagues around the world are pulling the plug on games over the coronavirus fears. The final economic impact will be billions of dollars
Rudy Gobert Testing Positive For Coronavirus Finally Propelled Sports Leagues To Take Pandemic Seriously
The NBA has completed roughly 80% of its regular season. Wiping out one-fifth of the season would mean a loss of $500 million from tickets, suites, parking and concessions. The tab could approach $1 billion when you factor in make-goods on sponsorship packages and TV rights deals. A cancellation of the playoffs would push the losses higher as ticket prices soar in the postseason and much more of the NBA’s $24 billion TV deal is tied to the playoffs where viewership and ad rates go up.
with the Texas Rangers out of T-Mobile Park in Seattle. Washington governor Jay Inslee had announced that all public gatherings of 250 or more in King, Snohomish and Pierce Counties were banned for March, and potentially longer. A new site for the games has not been announced.
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