The league could lose nearly $500MM in ticket revenue if the remainder of the season is not played out, Tom Haberstroh of NBC Sports Philadelphia estimates. Using an unnamed high-ranking league official as a source, Haberstroh relays that the NBA makes an average of $1.2MM in gate revenue per regular season game and $2MM for each playoff game. There were 259 regular-season games remaining, a loss of approximately $300MM in ticket revenue. With 83 postseason games played on average, the league would lose $166MM in postseason revenue.
The loss of basketball-related income could actually total near the $500MM for the regular season alone, according to ESPN’s Bobby Marks. That would directly affect the salary cap and luxury tax for next season. However, a resumption of the season with fans in attendance could mitigate and eliminate those potential financial losses, Marks adds.
We have more regarding the suspension of NBA games:
- G League players will be paid as contracted and receive benefits, league expert Adam Johnson tweets. The remainder of the NBAGL season has already been suspended, with Johnson suggesting it may be canceled entirely. The G League’s regular season had been scheduled to end on March 28, with the postseason to follow.
- Warriors staffers will work from home for at least the next two weeks, Nick Friedell of ESPN tweets. Their players will be allowed to work out individually inside the team’s facility but it’s not a requirement.
- The Kings have suspended all team activities through Monday, according to a team press release. The players will remain in the Sacramento area but will not participate in group workouts or practices. No Kings players have experienced symptoms of COVID-19.