On October 29, Beijing time, according to US media reports, NBA’s revenue in the 2019-20 season fell sharply by 10%.
According to statistics, in the 2019-20 season, NBA revenue was $8.3 billion, down 10%. This includes the loss of ticket revenue of $0.8 billion and the sponsorship of $0.4 billion.
In addition to the impact of the covid-19 epidemic, the former Rockets general manager Morey’s inappropriate remarks cost the NBA 0.2 billion dollars.
At present, NBA and the players’ union are discussing the start time of the new season and readjusting the labor agreement, but the financial prospect of NBA’s new season is still not optimistic, because it is still very likely that fans cannot enter the stadium to watch the game.
It is reported that NBA has informed all teams that the total income of next season is expected to decline by 4%, or reach 0.4 billion dollars.