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  • Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries

    11/01/2020 4:59:04 PM PST · by dynachrome · 94 replies
    Western Journal ^ | 10-31-20 | Bryan Chai
    The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN. Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year. RELATED: NBA Legend Named Special Reserve Sheriff's Deputy Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion. That’s a potential loss...