NBA teams expected to lose nearly $700 million in ticket revenue

Vincent Frank
NBA shutdown
Orlando Ramirez-USA TODAY Sports

There’s no telling how long the NBA shutdown will last after the league suspended its season Wednesday night due to the coronavirus (COVID-19) pandemic in the United States and around the world.

Given the spread of the disease, an argument could be made that the regular season won’t go on as planned.

If that is indeed the case, Ticket IQ has some resounding information. According to the outlet, NBA teams will lose an estimated $690 million in revenue due to the shutdown. Here’s a list of the teams most impacted.

  • Los Angeles Lakers: $82.07 million
  • New York Knicks: $46.12 million
  • Golden State Warriors: $42.11 million
  • Toronto Raptors: $32.97 million
  • Los Angeles Clippers: $31.92 million

These are some crazy numbers. And while the concern is more about the spread of the virus, the economic landscape of both the sports world and the world in general is changing big time. These numbers can attest to that.