DUE TO PANDEMIC COVID-19, THERE WILL BE AT LEAST 500 MILLION DOLLARS IN NBA’S ESTIMATED LOST TICKET REVENUE

Even though the whole tournament has been recently postponed for the sake of people’s health, it is still undeniable that harms and lost are things that are unavoidable. 

After 2 cases being tested positive to COVID-19 from Donovan Mitchell and Rudy Gobert, it seems like there will be a lot of unemployment in NBA Organization Department impermanently. Moreover, lost of money revenue will definitely happen and the lost revenue is estimated to be at least 500 billion dollars if only tickets of 250 plays left are taken into account. 

In the latest interview from Tom Haberstroh – NBA NBC Sports is the one who brought out those numbers from reported data. 

Recently, in the last Thursday, the NBA has an urgent meeting with their officers and organizers to set a new tournament’s alternative plan when Covid-19 is spreading so rapidly. There are options which support matches being held behind closed doors. 

“At that urgent meeting, I had different talks with NBA organizers and it is 100% that plays will take place in front of no fans. The first play will be between Golden State Warriors and Brooklyn Nets.”

Also during this consultation, moving playing venue to another location is also another possible option that NBA Organization Department has taken into account. 

“For every play in this regular season, the sum gained from the ticket price is estimated to be 1,2 million dollars, and 2 million dollars for each playoff play. With the number of 259 plays still under postponement, NBA will lose 300 million dollars ticket revenue if the spreading of Covid-19 is still out of control after playoffs period, which means 83 matches, the lost revenue must be at least 166 million dollars.” Tom Haberstroh straightforward shared.