COVID-19 pandemic, the NBA will evaporate nearly $ 500 million

Although the entire tournament in NBA Basketball news  has to be postponed to ensure health and safety not only for the players because of Corona Virus (Covid 19), but also the people who work and watch the team, the resulting losses are immeasurable.

NBA Basketball news

Although the entire tournament has to be postponed to ensure health and safety not only for the players but also the people who work and watch the team, the resulting losses are immeasurable.

After two positive cases of Corona Virus (Covid 19) from Donovan Mitchell and Rudy Gobert, it seems that thousands of people who are working and competing in the American professional basketball tournament will temporarily lose their jobs. In addition, financial losses are inevitable and the figure could be as high as $ 500 million if the number of tickets alone is over 250.

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NBA Basketball news indefinitely suspended all remaining matches in the 2019-20 season
NBA Basketball news indefinitely suspended all remaining matches in the 2019-20 season

In the most recent sharing from NBC Sports’s prestigious journalist Tom Haberstroh, it was he who made this figure based on actual statistics.

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“On Thursday morning, the NBA Basketball news had an emergency meeting between the tournament operators to come up with detailed plans in the near future amid the escalating epidemic center. that teams will have to compete without any spectators coming to the field or finding a temporary backup option.

At the same meeting, I talked to the executives and it was certain that the matches would proceed according to the decision above. And immediately, the first game that applies to no spectators in the gym is between the Golden State Warriors and the Brooklyn Nets “- Tom Haberstroh.

However, in addition to the competition plan, the relocation of the venue is also a feasible plan that the US professional basketball system has considered through the meeting.

“We have considered a plan to relocate the venue to Idaho, where there has not been a case of Corona Virus (Covid 19)  infection to date. However, everything has changed completely after.” information about 2 players Rudy Gobert and Donovan Mitchell infected with the Corona Virus (Covid 19) “- Tom Haberstroh added.

The NBA has suffered extremely heavy financial losses
The NBA has suffered extremely heavy financial losses

“Every match within the regular season this season, the amount of money collected from the entrance ticket averaged $ 1.2 million and $ 2 million for each playoff match. With 259 remaining unfinished regular matches. in the near future, the NBA Basketball will lose $ 300 million in tickets and if the situation continues to tense over the playoffs stage, ie 83 matches, the loss figure continues to reach $ 166 million. “Tom Haberstroh frankly share information.

Based on simple calculations, the number of tickets received by the NBA will be “evaporated” is $ 466 million. Not to mention the contract deals between the teams and sponsors as well as the television tournament, the amount will certainly be much larger than the above. This shows that many consequences have been seriously affected just because of the new fatal Corona Virus (Covid 19).
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