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Around the Realm: NBA revenues fell a reported $1.5 billion below season projections

The pandemic took a financial toll on 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 pandemic cost the NBA $1.5 billion in projected revenues

The NBA fell about $1.5 billion short of revenue projections this season, according to an AP Report (via Reuters). The biggest factors hitting the league were the pandemic shutting down the NBA (and the economy), the lack of fans when games resumed, fewer televised games overall, and the impact on China's decision not to air some games following Daryl Morey's tweet.

Yeah, remember Morey's tweet? That feels like it was 3 years ago. It was the start of this season.

Anyway, the bubble itself was previously reported to have salvaged $1.5 billion in revenue, meaning the bubble saved the league about half of what it would have otherwise lost this season.

The league's owners and the NBPA are still negotiating how those losses will translate to the salary cap. There was a report over the weekend suggesting the cap would drop between $3 million and $13 million. That seems quite unlikely to me based on everything else being said by people who know things. My guess is we see a flat cap next year and league will figure out ways to make up the difference later.

The Clippers are building one deep coaching staff

Following the news that Ty Lue was bringing Larry Drew to his coaching staff with the Clippers, LA continues to add big names to Lue's bench.

Dan Craig left the Heat to join the Clippers, and Kenny Atkinson and Chauncey Billups are also on the verge of joining, per reports.

The Clippers offseason remains interesting in the fallout of the Doc Rivers firing. Kenny Atkinson joining a team with title aspirations gives him a nice job until next summer's head coaching carousel. Atkinson was in the running for a few jobs this summer, and will likely be a top candidate for any openings next year.

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RobHessing
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October 26, 2020 4:12 pm

If I was forced to pick a year for the Dodgers and Lakers to win championships, 2020 seems like the natural choice.

Kosta
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October 26, 2020 7:49 pm
Reply to  RobHessing

€œWeeeee are the asterisk champions, my friends…..€

Last edited 1 year ago by Kosta
Klam
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Nostradumbass 18
Nostradumbass 19
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October 26, 2020 8:01 pm

This is going to be a quick offseason.

ImJoeKing
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October 26, 2020 8:33 pm
Reply to  Klam

The players should be fine. They already got a break from March-June, and eight teams didn’t even play in the bubble so they’re actually getting an extended break.

I guess everyone will be back in their home arenas though which will be interesting.

ImJoeKing
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October 26, 2020 8:43 pm

$1.5B off about $9B revenue, yeah that stings.

The report from Silver back at the all-star break was up to $400m of league losses due to the China situation. Surprised that’s so much of the pie and that they weren’t locked into a contract. But I guess China is showing games again, so maybe it’s all water under the bridge now.

Sacto_J
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October 27, 2020 8:27 am
Reply to  ImJoeKing

The China situation? Did Daryl Morey’s comments affect the NFL somehow?

Sacto_J
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October 27, 2020 9:52 am
Reply to  Sacto_J

Somehow I read “Silver and black”, feel free to disregard my idiocracy.

meadsdman
October 27, 2020 7:47 am

Atkinson would of been a good coach to replace Luke.

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