The NFL, NBA, MLB, NHL and NCAA, unsurprisingly, took a massive hit due to the COVID-19 pandemic in 2020. When the entire country came to a halt about one year ago, Forbes estimated that the four major American sports leagues and the NCAA would lose a combined $5 billion in revenue.
According to Forbes’ most recent report, the revenue losses for the NCAA and the four major U.S. sports leagues have now hit at least $14.1 billion:
“Even with the return of the NHL and NBA in their respective ‘bubbles,’ MLB’s shortened season and months of mostly fan-free NFL Sundays, the revenue losses for the NCAA and the four major U.S. sports leagues have now hit at least $14.1 billion so far, according to Forbes estimates. Even the value of sports teams, one of the most reliable long-term investments for billionaires, began to creak from the strain. NHL franchise values fell 2% on average, according to a Forbes analysis published in December, the first drop in two decades. NBA values rose just 4% on average, the smallest increase since 2010.”
Here is how much the four major American sports leagues and the NCAA earned in 2020 compared to 2019, per Forbes:
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