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re: Report: NBA came in $1.5 billion under revenue projections in 2020
Posted on 10/25/20 at 9:27 am to High C
Posted on 10/25/20 at 9:27 am to High C
Honestly, a less than 20% drop in revenue this year in a business where the revenue is impacted significantly by lack of in-person attendance is pretty good. If 40% of your revenue is gate and you spend 200,000,000 on a bubble as well I am not sure they can be too upset. There are a helluva lot of businesses that would have loved to only lose 20% this year.
1
Posted on 10/25/20 at 9:30 am to Obtuse1
they don't like facts dude. since revenue sharing is 50/50. it works out to be a loss of a little over $1 milli per player
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