Article

2020-10-29 -PC Follies

NBA revenue for 2019-20 season dropped 10% to $8.3 billion, sources say

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Posted by Clem 2020-10-29 00:00|| || Front Page|| [14 views ] Top
File under: Commies

#1 Um, I'm quite sure this was posted by me; just sayin', and no disrespect to my fellow Celtics fan Clem.

Posted by Raj 2020-10-29 00:05|| 2020-10-29 00:05|| Front Page Top

#2 Raj also submitted the Zero Hedge article. His comments are highlighted in yellow, below

Clem submitted the ABC article, Raj, and while he linked to the Zero Hedge article, you are given credit for the rest of it.

Posted by trailing wife 2020-10-29 00:29|| 2020-10-29 00:29|| Front Page Top

#3 Wait for the TV networks and pay per view to force early contract renegotiations due to lack of viewers.

Posted by Flineque Cleaper1552 2020-10-29 00:39|| 2020-10-29 00:39|| Front Page Top

#4 Only 10%? Must be some creative accounting.

Posted by Glenmore 2020-10-29 01:32|| 2020-10-29 01:32|| Front Page Top

#5 ^Most of their revenue comes from China?

Posted by g(r)omgoru 2020-10-29 01:42|| 2020-10-29 01:42|| Front Page Top

#6 China and existing contracts with the media. Might be different when those contracts get renewed.

Posted by CrazyFool 2020-10-29 01:44|| 2020-10-29 01:44|| Front Page Top

#7 >This would have devastating financial consequences for the league and certainly NBA players

Devastating? Going from 1 million dollars a game to just 10 thousand (99% loss of salary) would still make you extremely rich.

Posted by Bright Pebbles 2020-10-29 05:42|| 2020-10-29 05:42|| Front Page Top

#8 The faster these corrupt professional sports go broke, the happier I will be.

Posted by DarthVader 2020-10-29 09:12|| 2020-10-29 09:12|| Front Page Top

#9 Does anyone know when their TV contracts expire and have to be renegotiated?

Or, alternatively, does anyone know how much money the TV networks had to refund to the advertisers because the #s didn't meet the guaranteed minimums?

Posted by Tom 2020-10-29 12:24|| 2020-10-29 12:24|| Front Page Top

#10 I'm surprised that the playoffs only account for 10% of projected revenue; unless it is 15% and they still accounted for 5% of projection.

If that is the case, that is a lot of dependency on people watching because sportsball gameday, and if they didn't show up for mega championship history time starring big market 1 and big market 2, then if I were an investor at any orbit - I'm getting penguin foot.

Posted by swksvolFF 2020-10-29 16:04|| 2020-10-29 16:04|| Front Page Top

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