Just how bad was the NBA impacted as a result of COVID-19? It reportedly came in $1.5 billion under revenue projections, according to the Associated Press.
That loss was the result of multiple factors, according to the AP.
Revenue projections for the league this season were missed by about $1.5 billion, the person said. The losses were the result of a combination of factors — the shutdown caused by the pandemic, the cancelation of 171 regular-season games, completing the season in a bubble at Walt Disney World without fans, the nearly $200 million price tag for operating that bubble and a yearlong rift with the Chinese government that saw NBA games not shown on state television there.