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NBA Poised To Lose $900M In National TV Money Alone If Playoffs Canceled
Posted: Fri May 15, 2020 4:38 pm
by RealGM Wiretap
The NBA will lose approximately $900 million in national television revenue from the playoffs alone if they cancel the remainder of the season, sources tell Sam Amick of The Athletic.
The NBA hopes to create a "campus-like" environment to resume the season to at least play the playoffs.
The NBA signed a nine-year, $24 billion television deal with ESPN and TNT in 2014 that reshaped the league's finances.
Via Sam Amick/The Athletic
Re: NBA Poised To Lose $900M In National TV Money Alone If Playoffs Canceled
Posted: Fri May 15, 2020 6:56 pm
by NBAFan93
So $30M per team assuming it’s all split equally. Guess they got to weigh that against the costs of creating and running the bubble environment.
Re: NBA Poised To Lose $900M In National TV Money Alone If Playoffs Canceled
Posted: Sat May 16, 2020 12:52 am
by donemilio21
They are already going to lose money whether they have playoffs or not. Already not getting gate receipts.
But they are saving money by not having to pay players and staff. Not paying travel etc..
NBA is not as profitable as it looks outside of the few large market teams. So incremental loses for most teams probably wont be that large
Re: NBA Poised To Lose $9006M In National TV Money Alone If Playoffs Canceled
Posted: Sat May 16, 2020 1:19 am
by Elnegron
Silver saw Nascar and baseball about to start and said huh huh am in too