NBA revenues for 2019-20 season reportedly dropped 10% to $8.3B
Losses include gate receipts, sponsorships and the so-called “China-gate”.
The NBA’s revenues dropped 10% to $8.3 billion during the 2019-20 season amid losses due to the pandemic, according to financial numbers shared with teams and reported by ESPN’s Adrian Wojnarowski and Zach Lowe.
The balance of the finances included an $800 million loss in gate receipts, a $400 million loss in sponsorships and merchandise and a $200 million in deemed “net negative impact” from a months-long splintering of a partnership with China.
The NBA bubble in Orlando recouped $1.5 billion in revenue that would’ve been lost without restarting the season, with the bubble costing $190 million.
The 2019-20 season losses are slight in comparison to what awaits the NBA in 2020-21 if the season advances without fans and accompanying gate-night receipts, the league told teams: a projected 40% loss in overall revenue, or approximately $4 billion.
Fonte: ESPN.