NBA The owner of the Mavs, with a net worth of 2,400 million, estimates the losses due to COVID-19
TEverything indicates that the new NBA season will begin on December 22 with the empty pavilions or with a very reduced capacity. That will mean numerous losses for the franchises. Mark Cuban, owner of the Mavericks, has them calculated. “Am I going to lose a lot of money this year? Yes, there is no doubt. More than 100 million? Yes, no doubt“He told NBC Sports.
In Dallas they expect fans can flock to American Airlines during the second part of the season, to go from March 11 to May 16. “Hopefully, life will return to normal and everything will be fine after the vaccine. The fans will return to the pavilions and I won’t be surprised if we get to a point where there are enough people vaccinatedMaybe it’s in March, April and even May as to be able to sell tickets“explains the boss Luka Doncic and Kristaps Porzingis.
The economic blow is great for franchises despite the fact that the NBA to help each with $ 30 million to minimize the financial impact caused by the COVID-19 crisis. Cuban, with an estimated fortune of $ 4.2 billionAccording to Forbes, he feels in a privileged position. “Fortunately, I am in a position where I can afford these losses. To continue paying our employees, as is the right thing to do. But, at the same time, I would like us to return to our regular seasonal calendar as soon as possible,” he concluded the owner of the Mavs, who bought them for $ 280 million in the year 2000 and has revalued them to a value of more than 2,000 million.
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