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Around the Realm: The bubble was a financial success for the NBA

NBA money news and David Stockton news as we take today's look around the league.

Welcome to Around the Realm, where we look at the top news stories from around the league. If I missed any notable stories, feel free to discuss in the comments!

The Bubble was a financial success

John Lombardo of Sports Business Daily reports that the NBA saved about $1.5 billion in revenue by successfully completing the season in the bubble. Most of that is tied to the ability to complete requirements for minimum number of games for TV deals.

Nonetheless, the NBA is still looking at a significant reduction in revenue which could have trickle down effects on the salary cap. Those details are still being ironed out.

David Stockton named Interim VP of G League Union

Kings legend David Stockton was named to the Interim Executive Committe of Basketball Players Union, according to Shams Charania.

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October 19, 2020 2:12 pm

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Adamsite
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Nostradumbass 14
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Nostradumbass 14
October 19, 2020 3:19 pm

From my understanding the bubble “saved” 1.5B in revenue, but that was money the league was counting on due to TV deals. This does not mean the league was profitable, correct. How much was lost to empty arenas, leases, viewership, etc?

Also, how the hell did it only cost the NBA $180M in 100 days to hold the bubble? Disney must have given them a screaming deal because didn’t Silver say there was something like 3,000 people from the league in the bubble? Are you telling me it costs less than $2M per day to house, feed, entertain, medically treat all those people?

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October 19, 2020 3:41 pm
Reply to  Greg

Good points, Greg, Thanks for that clarification.

Wonderchild
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October 20, 2020 9:46 am
Reply to  Greg

Ya I’d imagine money was negotiated off of the back end of the TV deal

RobHessing
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October 20, 2020 9:59 am
Reply to  Wonderchild

Kings fans have been taking it in the back end for years.

TheFifthMookie
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October 20, 2020 10:45 am

The NBA also did society a service with the bubble – they proved that testing and preventative actions such as quarantining and wearing masks absolutely works.

Wonderchild
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October 20, 2020 12:43 pm
Reply to  TheFifthMookie

They also privately funded a new testing system using saliva. It’s like they understand the need to invest in a solution if they want their business to return to normal.

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