NBA Raises Credit Line From $650 Million To $1.2 Billion

Moderators: BombsquadSammy, Domejandro, bwgood77

RealGM Wiretap
RealGM
Posts: 71,728
And1: 195
Joined: Mar 19, 2013

NBA Raises Credit Line From $650 Million To $1.2 Billion 

Post#1 » by RealGM Wiretap » Wed Mar 18, 2020 1:09 am

The NBA is planning on raising its credit line up to $1.2 billion in response to COVID-19, sources tell ESPN's Adrian Wojnarowski.


The previous credit line used by the NBA has been $650 million.


NBA revenues were already expected to be down due to its decreased business with China this season, but the potential loss of games will further test the economic strength of the league and its owners. 

Via Adrian Wojnarowski/ESPN

Return to Wiretap Discussion