A report of the American network "ESPN" revealed the size of sports sector revenue losses in the United States of America, due to the total closure of tournaments and sports activities of all kinds, due to the outbreak of the "Corona virus" COVID-19, which reached 12 billion dollars.
The American Network based its report on the data provided by the director of sports business program at Washington University in St. Louis, Patrick Rich, who estimated the impact of the complete closure on major professional leagues at a loss of $ 5.5 billion, university tournaments at $ 3.9 billion, and sports competitions for the youth category With $ 2.4 billion.
The numbers mentioned in the report also included, $ 3.25 billion, that spectators could have spent on professional tournaments, in addition to $ 371 million in income for stadium workers, and $ 2.2 billion in TV transportation fees in the United States.
The report indicated that these numbers assume the completion of the half-season of the baseball league and football league with spectators in attendance for a possible cancellation of the regular season in the basketball and hockey tournaments and the establishment of the final playoff phase without fans, and the resumption of sports competitions for the youth category in July.
The report of the size of the financial losses was limited to the commercial losses and the salaries paid to stadium workers, but he was conservative not to include the potential losses in the recreational sports sector in the open air, betting, or individual sports, such as golf, tennis, and NASCAR's most popular racing cars. In the United States of America, with the possibility of high numbers of financial losses in the event of the abolition of the American Football League "NFL" and university leagues.