Cancellation of season could cost NBA $1 billion or more, hit salary cap hard

[Yappi]

All told, the total financial impact of suspending the NBA regular season alone could approach a billion dollars, and that only involves one-fifth of the schedule being lost. If the playoffs must be shortened or otherwise altered to fit a new, later timeline, the costs would climb even higher.

That’s the lower end of the numbers Ben Golliver of the Washington Post got from a team executive.

Gauging the precise economic hit of the NBA’s suspended season is impossible, but one high-ranking team executive said that the total damage could reach $40 million per team, or more than $1.2 billion, if the playoffs are lost.

Cancelation of season could cost NBA $1 billion or more, hit salary cap hard - ProBasketballTalk | NBC Sports

If the NBA ends up having to cancel the rest of the season, it could cost the league $1 billion in revenue, which in turn will hit the salary cap hard.

nba.nbcsports.com

 

[Omar]

Get China to pay for it.

 

[OhioBobcatFan06]

Lebron should cancel his ties with Nike. Not a good look owning Chinese sweatshop slaves right now.