Adam Silver to GM’s on talks for a December start to 2020-21 season: “Time is running out”
The NBA believes there is somewhere between $500 million and $1 billion in revenue losses next season and beyond by failing to start the season in December
Adam Silver told NBA GMs that the time is running out to start the season on December 22 and potentially salvaging hundreds of millions of dollars in revenue
Per ESPN, Discussions with the National Basketball Players Association continued over the weekend and into Monday, but the union’s reluctance to agree to a Dec. 22 start and a reduced 72-game regular season has left the league fearful it has only several days left before opening training camps around Dec. 1 for a pre-Christmas tip is no longer a realistic possibility, sources said.
The NBA believes there is somewhere between $500 million and $1 billion in revenue losses next season and beyond by failing to start the season in December, sources said.
The NBA is searching for ways to increase cash flow into teams, and sources said the league is hopeful to expand guidelines on sports betting, hard alcohol and casinos that could generate between $80 million and $100 million in revenue, sources said.
NBA and NBPA talks continue to include the likelihood of a play-in tournament for both the Eastern and Western Conference playoffs, a mechanism designed to incentivize more teams to aggressively pursue the late season competitively.
Fonte: ESPN.