In the last several days, the NBA has continued to move forward with its plan to resume the 2019-20 season in accordance with the safety protocols due to the coronavirus. It has been a bumpy path, but one that the league and many of their players are committed to moving forward to getting back on the court next month. The process has had many hurdles along the way, but it appears the things in progressing in the right direction, but it’s a move that is going to cost the NBA a significant lump of potential profit.
are committed to moving forward to getting back on the court next month. The process has had many hurdles along the way, but it appears the things in progressing in the right direction, but it’s a move that is going to cost the NBA a significant lump of potential profit.
NBA set to resume 2019-20 season in July
The last several months have been trying times globally due to concerns over the coronavirus that have significantly impacted many countries. That has led to many industries in the United States having to stop their services that include many different sports leagues, which include the NBA.
It has seen them move toward getting things back underway with the league and the players’ association agreeing to a plan last month to get the 2019-20 season back up again at the end of July. It’s a plan the league is still working through many of the details to abide by the precautionary measures. It’s an outline that includes 22 teams with an abbreviated eight-game schedule to finish out the regular season.
All of the games will be played at Disney World Orlando with all but the Portland Trail Blazers voting for it to commence. It’s a move that will get the league back in action, but it will cost them a significant amount of money.
NBA will lose $150 million with bubble situation
In the time since the initial agreement, the NBA has continued to chug along toward the season starting again on July 30.
It’s a move the league has known all along that there that they will have to take a substantial financial hit even with games being played again. According to Brian Windhorst of ESPN, it’s expected that the bubble location for the restart of the season will cost the NBA more than $150 million.
Operating the three-month completion of the NBA season at the Walt Disney World Resort will cost the NBA more than $150 million, sources told ESPN.
That is a significant financial hit, but come to be expected as the league will have to take numerous monetary hits as only 22 teams will be playing when the season restarts. Meanwhile, the NBA will be responsible for arranging the living locations in the three Disney resorts in Orlando, seven practice courts, daily meals, security, and medical support, among other things.
It’s a substantial financial loss, but it protects the league and players from suffering an even more significant hit in that regard. The player will retain more than $600 million in salary that could have been lost if they didn’t resume the season.
Will the resume of the 2019-20 season go as planned?
The NBA has stayed hopeful that they will get the season back starting on their projected time frame, but there are undoubtedly other factors.
Several players have tested positive for the virus over the last several days that have drawn concern. There has been a significant uptick in coronavirus cases in Florida over the last couple of weeks that has created some hesitation. That has yet to push things in another direction as it remains on course to restart the season.
It’s still very much a fluid situation the NBA is trying to navigate through to get their product back on the floor. There is a real risk being taken with this plan, but the league and its players have remained confident that things will pan out as hoped.