NBA Missed Revenue Projections By $1.5 Billion

The NBA missed its revenue projections this season by $1.5 billion, sources told Tim Reynolds of The Associated Press.

The losses were due to a combination of the shutdown due to the pandemic, the cancellation of 171 regular-season games, completing the season without fans, and losing $200 million in a rift with the Chinese government.

There have been no decisions on finalizing the start of next season’s schedule, though beginning the season in December as opposed to January or later could generate the league an extra $500 million in revenue.

The NBA is currently targeting a December 22nd start date, with a 72-game season.

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