US Sport Inching Back to Normalcy One Year on from Shutdown, Leagues Continue to Count Pandemic Cost

Total Page:16

File Type:pdf, Size:1020Kb

US Sport Inching Back to Normalcy One Year on from Shutdown, Leagues Continue to Count Pandemic Cost Established 1961 Sport THURSDAY, MARCH 11, 2021 US sport inching back to normalcy One year on from shutdown, leagues continue to count pandemic cost LOS ANGELES: One year after COVID-19 sent sport day revenue and contributing to collective losses esti- across North America grinding to a halt, professional mated by MLB Commissioner Rob Manfred at around leagues and tours are inching back towards normalcy $2.8-$3 billion. after absorbing a multi-billion-dollar financial hit. A full 162-game regular season is planned when the Twelve months ago on March 11, NBA commissioner 2021 campaign gets under way on April 1, but specta- Adam Silver sent shockwaves across the sporting tor access will vary depending on city and state health world after dramatically halting the season following regulations where each team is based. The World confirmation of Utah Jazz player Rudy Gobert’s posi- Series champion Los Angeles Dodgers will only be tive test. allowed a maximum of 100 fans at Dodger Stadium The NBA decision triggered a domino effect, with under current rules; the St. Louis Cardinals have been baseball, soccer, golf, ice hockey and other sports approved to allow 14,500 spectators. swiftly following suit either by suspending their sea- Major League Soccer is bracing for another hefty sons or cancelling events altogether. A year after the financial loss after taking a $1 billion hit in 2020. MLS start of the shutdown, US leagues are continuing to was halted just two weeks into its new season last year, count the cost of the pandemic as they adjust to the returning with a tournament staged in a bubble in envi- new realities of sport in the age of COVID-19. ronment in Florida before the regular season resumed The NBA has reached the halfway point of its in August. “We are forecasted to lose pretty close to $1 abbreviated 2020-2021 season after losing an estimat- billion, if not $1 billion (exactly), that we have been ed $1.2 billion through its interrupted 2019-2020 cam- talking about,” Garber said in February. “When you paign, with a $4 billion loss projected for 2020-2021. don’t have fans for the majority of your season, it’s just NBA chief Silver however is hopeful that the worst may pure math.” be over, noting that next season may resemble some- The National Football League, meanwhile, provided thing like a return to normality as more Americans get a template for professional leagues in North America vaccinated against COVID-19 and fans return to are- by completing its season in February with the Super nas. Bowl in Tampa. A robust testing program and strict “I’m fairly optimistic at this point that we will be health and safety protocols allowed the league to fulfill ATLANTA: Adam Silver Commissioner of the NBA looks on during the second half in the 70th NBA All-Star able to start on time,” Silver said ahead of Sunday’s all of its 256 regular season games and playoff sched- Game at State Farm Arena on March 07, 2021 in Atlanta, Georgia. — AFP All-Star game. “If vaccines continue on the pace they ule successfully. are, and they continue to be as effective as they have A crowd of 25,000 fans, including several thousand Zach Binney, an epidemiologist at Oxford College pandemic. In almost every major sport, television been against the virus and its variants, we’re hopeful vaccinated healthcare workers invited as guests, of Emory University in Atlanta, believes that major US ratings were down sharply, sometimes by striking that we’ll have relatively full arenas next season.” Silver attended last month’s Super Bowl, but NFL sports “did some really good things” as they plotted a margins. added that despite losses he described as “consider- Commissioner Roger Goodell admits it is unclear what return from COVID-19. “The NBA, Major League The NBA finals ratings nosedived by 51 percent, able”, the “long-term health of the league is very solid.” fan attendance may look like when the 2021 season Baseball and the NFL all found various ways to bring while the battle for ice hockey’s Stanley Cup cratered kicks off next September. sports back without having a lot of cases among their by 61 percent. The US Open tennis tournament Baseball revenues hit players and staff,” Binney told AFP. “The various mod- slumped by 45 percent and even February’s dream Major League Baseball, meanwhile, is also counting ‘They got lucky’ els were quite strong on that front.” NFL Super Bowl pitting Tom Brady against Patrick the cost of coronavirus. The league slashed its 2020 “One of the things that I think I have learned and I Binney noted however that some NFL and college Mahomes drew its lowest audience since 2006. season from 162 games to 60, finally starting in late think all of us have learned is try not to project too football teams allowed large numbers of fans back into In college sports meanwhile, budget shortfalls July before wrapping the World Series in October. far in advance because it’s difficult to do,” Goodell arenas before being certain it was safe to do so. “I caused by the pandemic have led to the elimination of Although fans were allowed to return for the late said. “I know this: We’ve learned to operate in a very think they were reckless and got lucky,” Binney said. more than 350 sports programs — the vast majority in stages of last year’s playoffs, regular season games in difficult environment. We have found solutions, and Other aspects of the US sporting landscape, Olympic sports including athletics, swimming and vol- 2020 took place in empty arenas, denying clubs game we’ll do it again.” meanwhile, shifted in more profound ways by the leyball. — AFP.
Recommended publications
  • N.B.A. Commissioner Adam Silver: Allow Gambling on Pro Games - Nytimes.Com 11/14/14 4:12 PM
    N.B.A. Commissioner Adam Silver: Allow Gambling on Pro Games - NYTimes.com 11/14/14 4:12 PM http://nyti.ms/1urf75N THE OPINION PAGES | OP-ED CONTRIBUTOR | ​NYT NOW Legalize and Regulate Sports Betting N.B.A. Commissioner Adam Silver: Allow Gambling on Pro Games By ADAM SILVER NOV. 13, 2014 BETTING on professional sports is currently illegal in most of the United States outside of Nevada. I believe we need a different approach. For more than two decades, the National Basketball Association has opposed the expansion of legal sports betting, as have the other major professional sports leagues in the United States. In 1992, the leagues supported the passage by Congress of the Professional and Amateur Sports Protection Act, or Paspa, which generally prohibits states from authorizing sports betting. But despite legal restrictions, sports betting is widespread. It is a thriving underground business that operates free from regulation or oversight. Because there are few legal options available, those who wish to bet resort to illicit bookmaking operations and shady offshore websites. There is no solid data on the volume of illegal sports betting activity in the United States, but some estimate that nearly $400 billion is illegally wagered on sports each year. Times have changed since Paspa was enacted. Gambling has increasingly become a popular and accepted form of entertainment in the United States. Most states offer lotteries. Over half of them have legal casinos. Three have approved some form of Internet gambling, with others poised to follow. There is an obvious appetite among sports fans for a safe and legal way to wager on professional sporting events.
    [Show full text]
  • Sports Marketing, Consumer Behavior Focus on the NBA
    Sports Marketing, Consumer Behavior focus on the NBA Colegio Universitario de Estudios Financieros Grado en Administración y Dirección de Empresas Bilingüe Trabajo de Fin de Grado SPORTS MARKETING, CONSUMER BEHAVIOR FOCUS ON THE Author: MacDonald del Casar, William Tutor: Fernández Moya, María Eugenia Madrid 2020 NBA Consumer Behavior Marketing 1 Sports Marketing, Consumer Behavior focus on the NBA INDEX . 1. Introduction . 2. Introduction to sports marketing o 2.1 Sports marketing o 2.2 Emergence of sports marketing . 3. Introduction to the National Basketball Association o 3.1 Creation of the league o 3.2 NBA history till this day o 3.3 NBA as a business model . 4. Consumer Behavior concepts o 4.1 Self-Concept, sports, and sporting events o 4.2 Identification and Internalization o 4.3 Sports and self-esteem o 4.4 Sports Consumption o 4.5 The role of sports in event marketing and promotion o 4.6 Approach-avoidance o 4.7 Servicescape o 4.8 Atmospheric music o 4.9 Hedonic consumption o 4.10 Structural Constrains relation to attendance o 4.11 Reference groups . 5. Advertising Marketing o 5.1 Advertising Schemas . 6. Coronavirus and the NBA . 7. Conclusion . 8. Bibliography 2 Sports Marketing, Consumer Behavior focus on the NBA 1. INTRODUCTION This project about sports and specifically about the National Basketball Association will reflect the importance and applications of the Consumer Behavior studies and theory to give not only meaning to what the NBA´s marketing strategy is, but also the relative importance of the main factors to the success of the league both on a fan level and on the revenue stream side.
    [Show full text]
  • Houston Rockets General Manager's Tweet Sparks Controversy
    Houston Rockets General Manager's tweet sparks controversy 08 OCTOBER 2019 Michael A. Rueda PARTNER | HEAD OF US SPORTS AND ENTERTAINMENT | US CATEGORY: BLOG CLIENT TYPES: FAMILY TALENT AND CREATIVES SPORT On October 4th, 2019, during a National Basketball Association (“ NBA”) sponsored trip to China, Houston Rockets general manager, Daryl Morey, tweeted “ght for freedom, stand with Hong Kong.” The tweet has since been deleted, but not before sparking geopolitical controversy and outrage from the Chinese government, which demanded an apology, and announced Tuesday, October 8th that it had canceled the planned broadcast of two NBA exhibition games due to be played in the country. The NBA had Morey apologize and put out a statement characterizing his tweet as “regrettable” and clarifying that his support for Hong Kong protesters “does not represent the Rockets or the NBA.” However, the NBA’s attempt to quell the backlash in China prompted its own backlash from United States law makers, including Ted Cruz, Beto O’Rourke, and Julián Castro who were among those to denounce the NBA for giving in to Chinese condemnations. Now, the commissioner of the NBA, Adam Silver, has announced that the NBA “will not put itself in a position of regulating what players, employees, and team owners say or will not say on these issues,” and added: “It is inevitable that people around the world… will have different viewpoints over different issues. It is not the role of the NBA to adjudicate those differences.” Silver will travel to Shanghai on Wednesday, October 9th to meet with ofcials and some of the NBA’s business partners in hopes of nding some common ground.
    [Show full text]
  • The Glocalization and Management of Professional Basketball Leagues: the Euroleague, National Basketball League of Australia and Bj-League of Japan
    Asia Pacific Journal of Sport and Social Science ISSN: 2164-0599 (Print) 2164-0602 (Online) Journal homepage: http://www.tandfonline.com/loi/rass20 The glocalization and management of professional basketball leagues: the Euroleague, National Basketball League of Australia and bj-league of Japan Naoki Chiba To cite this article: Naoki Chiba (2015): The glocalization and management of professional basketball leagues: the Euroleague, National Basketball League of Australia and bj-league of Japan, Asia Pacific Journal of Sport and Social Science, DOI: 10.1080/21640599.2015.1077576 To link to this article: http://dx.doi.org/10.1080/21640599.2015.1077576 Published online: 05 Nov 2015. Submit your article to this journal Article views: 4 View related articles View Crossmark data Full Terms & Conditions of access and use can be found at http://www.tandfonline.com/action/journalInformation?journalCode=rass20 Download by: [Hokusho University Toshokan], [Naoki Chiba] Date: 23 November 2015, At: 21:36 Asia Pacific Journal of Sport and Social Science, 2015 http://dx.doi.org/10.1080/21640599.2015.1077576 The glocalization and management of professional basketball leagues: the Euroleague, National Basketball League of Australia and bj-league of Japan Naoki Chiba* Department of Lifelong Sports, Hokusho University, Japan This study examines aspects of globalization and glocalization in three professional basketball leagues (the Euroleague, Australia’s National Basketball League and Japan’s bj-league) and considers the differences in basketball culture between Europe, Australia, Japan and the USA. Qualitative interviews were used to access the perspectives of representatives of the three professional leagues. The study adopts World-systems theory as its theoretical framework.
    [Show full text]
  • Los Angeles City Clerk
    CITY OF LOS ANGELES CALIFORNIA Office of the HOllY L WOLCOTT CITY CLERK Interim City Clerk Council and Public Services Room 395, City Hall Los Angeles, CA 90012 General Information" (213) 97B-1133 Fax: (213) 97B-1040 When making inquiries relative to SHANNON HOPPES this matter, please refer to the Council and Public Services Division Council File No. ERIC GARCETTI MAYOR www.cityclerk.!acity.org April 30, 2014 To All Interested Parties: The City Council adopted the action(s), as attached, under Council File No. 14-0540, at its meeting held April 29, 2014. City Clerk cr An Equal Employment Opportunity - Affirmative Action Employer APR 2 9 2014 S¥ECIAL -1 MOTION (~ 17'" Ii''' C g Afi 1\ if" 11. ~"'~"-,,,'.~t..Jl ~ .frftH ,~'JL.,l'.I$_ Disturbing and unbelievable reports surfaced over the past week-end about unacceptable and racially-biased comments attributed to Clippers basketball team owner, Donald Sterling. The comments are very offensive and are completely inconsistent with United States . Human Rights Laws, the long-standing positions of the City Council, the diversity of our community, the fan base of the Clippers and the very high percentage of minorities who worked for and are working for the National Basketball Association (NBA). These comments, .' '. ~ actions and statements have no place in today's society. Immediate action is needed to for the City Council to condemn these actions and statements, to urge appropriate action by affected organizations as well as the public prior to today's Clippers game, and encourage Clippers fans and the community to contact the team's offices and the team's sponsors to voice their displeasure over the comments.
    [Show full text]
  • Adam Silver Biography
    Adam Silver Biography Adam Silver, the commissioner of the National Basketball Association (NBA), was born on April 25, 1962 in Rye, New York. He recently became the commissioner on February 1, 2014 replacing former commissioner David Stern. Prior to joining the NBA, Silver spent his time at Cravath, Swaine & Moore, a law firm in New York, and worked as a law clerk to Judge Kimba Wood for the United States District Court for the Southern District of New York. Silver was born into a Jewish family and grew up as a New York Knicks fan. He graduated from Rye High School and completed his undergraduate degree at Duke University in 1984. Silver took a year off to work as a legislative aide for U.S. Congressman Les AuCoin before earning a law degree at the University of Chicago. In 1992, just four years after completing his law degree, Silver began to work for the NBA. He held multiple positions throughout the NBA prior to becoming commissioner. Silver was special assistant to the commissioner, NBA chief of staff, senior vice president of NBA Entertainment, and president of NBA Entertainment. On the side, Silver was an executive producer of the movie Michael Jordan to the Max and the documentary Whatever Happened to Micheal Ray? He also helped produce Like Mike and Year of the Yao. On April 19, 2006, Silver became deputy commissioner of the NBA. Former NBA commissioner, David Stern, announced on October 25, 2012 that he would retire from his position and endorse Adam Silver to be commissioner of the NBA beginning on February 1, 2014.
    [Show full text]
  • Adam Silver NBA Commissioner ______
    The Economic Club of New York 496th Meeting 111th Year ________________________ Adam Silver NBA Commissioner ________________________ November 20, 2018 New York City Interviewer: Stephanie Ruhle MSNBC Live Velshi & Ruhle The Economic Club of New York – Adam Silver – November 20, 2018 Page 1 Introduction Vice Chair Glenn Hutchins My name is Glenn Hutchins. I’m happy to welcome you to the 496th meeting of the Economic Club of New York, 496th. So, Barbara, we thought about who was going to be here for 500th. We ought to have a special thing for the 500th. It’s getting pretty close. For those of you, our members, you know that the Economic Club of New York is the nation’s leading nonpartisan platform for speeches and conversations on economic, political, and social issues. More than 1,000 prominent guest speakers, including many heads of state, have appeared before the Club over the last century and established a tradition of excellence. I want to thank the many members of our Centennial Society who are here. The Centennial Fund serves as the financial backbone of the Club. The Club is otherwise a very low membership dues organization. So we can have a broad range of people who are members of the Club. And so the Centennial Society members who provide some of the capital for the organization are very much appreciated. We’d also like to give a warm welcome to students in attendance today from both Syracuse and NYU Stern Business School. And we also have our Club fellows. Our Club fellows are young, rising business leaders who have become members of the Club.
    [Show full text]
  • Open Patrick Kemp___Final Thesis.Pdf
    THE PENNSYLVANIA STATE UNIVERSITY SCHREYER HONORS COLLEGE DEPARTMENT OF ECONOMICS THE ECONOMIC SIGNIFICANCE OF COMPETITIVE BALANCE IN THE NATIONAL BASKETBALL ASSOCIATION: AN EMPIRICAL ANALYSIS OF THE DETERMINANTS OF LOCAL DEMAND PATRICK J KEMP SPRING 2010 A thesis submitted in partial fulfillment of the requirements for a baccalaureate degree in Economics with honors in Economics Reviewed and approved* by the following: Dr. Edward Coulson Professor of Economics Thesis Supervisor Dr. David Shapiro Professor of Economics and Co-Director of Undergraduate Studies Honors Adviser * Signatures are on file in the Schreyer Honors College i Abstract In the study of sports economics the notion of competitive balance is well known. This thesis seeks to expand upon this well known notion and use it as part of an empirical analysis of the determinants of local demand for NBA franchises. This paper starts by focusing on the traditional notion of competitive balance, with specific regard to the sport basketball and the National Basketball Association specifically. It then quantifies the degree of competitive balance in the NBA since 1990 using metrics similar to those used by Quirk and Fort in their 1992 book Pay Dirt: The Business of Professional Team Sports. An extensive amount of linear regression analysis is then conducted, first looking at all teams and then teams belonging to certain market types. The empirical results indicate that competitive balance is not a significant determinant of local demand. The results also indicate key differences in the determinants between low-income market teams and high-income market teams. I make two recommendations as to how the NBA could beneficially alter its business model based upon these regression results: abolishing guaranteed contracts and changing the 100/0 home/away gate split.
    [Show full text]
  • Salary Caps in Professional Team Sports
    Salary Caps in Professional Team Sports Salary caps and payroll taxes may seem beneficial to owners, but are their effects more symbolic and cosmetic than fundamental? Labor relations models in basketball, football, baseball, and hockey have certain commonalities. BY PA UL D. STAUDOHAR he use of salary caps, limiting This article examines the nature how much teams can pay and operation of salary caps in bas- Ttheir players, is a relatively new ketball and football, and the contro- development. Basketball was the first versies and arrangements over the is- sport to cap salaries, in the 1984-85 sue in baseball and hockey. Because season, and a similar restriction went salary caps can be viewed as a coun- into effect in football in 1994. In other terpart to free agency, there is particu- sports, salary caps were contested in lar interest in how these two features both the 1994-95 baseball strike and interact. Salary caps are also viewed the 1994-95 lockout in hockey. In in the broader context of owners ver- these sports, unions have been able to sus players, and their effects on col- fend off acceptance of a general cap, lective bargaining. although “luxury taxes” were put into effect on baseball team payrolls ex- Basketball ceeding specified amounts, and hockey Like the other sports, basketball now has a salary cap for rookies. went through its “dark ages” for player Labor relations models in the four salaries during the years of owner ap- sports have certain commonalities. plication of the reserve clause. Play- Since 1967, when the initial team ers are drafted by National Basketball sports collective bargaining agreement Association (NBA) teams that have an was reached in basketball, owners and exclusive right to sign the player they players have experimented with ways select.
    [Show full text]
  • Creative Problem Solving and Decision Making 113
    Creative Problem Solving and 4 Decision Making Learning Objectives After studying this chapter, you should be able to: 4-5. Explain the difference between an objective and “must” and “want” criteria. PAGE 122 4-1. Discuss the interrelationship between objectives, 4-6. State the differencedistribute between creativity and problem solving, and decision making in terms of innovation. PAGE 123 their impact on the management functions. PAGE 113 4-7. Identify five group techniques used to generate 4-2. Compare decision-making styles. PAGE 114 creativeor alternatives. PAGE 123 4-3. Summarize each of the steps in the decision- 4-8. Compare quantitative techniques including making model. PAGE 115 big data, cost-benefit analysis, and intuition for 4-4. Apply the first step of the decision-making analyzing and selecting an alternative. PAGE 129 model by classifying a problem, selecting the 4-9. Explain the importance of planning, appropriate level of participation, determiningpost, the implementing, and controlling decisions. PAGE 134 cause of the problem, and determining the type of decision to be made. PAGE 116 Ideas copy,on Management at National Basketball Association (NBA) Get the edge on your studies: edge.sagepub The National Basketballnot Association (NBA) is the professional basketball league in the .com/lussier9e United States. It is composed of 30 teams, 29 based in the United States, one in Canada. • Take a quiz to find The league operates under a set of values including the following: out what you’ve Do learned. • Integrity: We conduct ourselves in accordance with the highest standards of • Review key terms honesty, ethics, and fair dealing.
    [Show full text]
  • Playing for the Same Team Again
    Playing for the Same Team Again Matthew H. Slater & Achille C. Varzi Columbia University [Published in J. L. Walls and G. Bassham (eds.), Basketball and Philosophy. Thinking Outside the Paint, Lexington (KY): University Press of Kentucky, 2007, pp. 220–234] The following is a transcript of what might very well have been five telephone conversa- tions between Michael Jordan and former Chicago Bulls coach Phil Jackson in early March 1995, just before the announcement of MJ’s comeback after a year spent pursu- ing a baseball career. Day One: The Conditional Comeback Phil: Hello? Mike: Hey Phil, it’s me. Is this a bad time? Phil: It’s never a bad time, as long as I’m not deep in meditation. I was just visualiz- ing our next game. What’s up? Mike: Still thinking about my comeback. Phil: Come on Michael, give it a break. It’ll be just like old times. Two words: Re- peat Threepeat. Heck, why stop there? We’ll stamp out championship trophies like a factory, trust me. Mike: I just can’t help wondering. With no Horace, B. J., Bill, Scott . is it really go- ing to be the same team?1 You know how important that is for me. Phil: Getting philosophical in your old age, huh? Mike: Time away from basketball got me thinking. If I’m going to be part of the team again, shouldn’t I know what the team really is—whether it’ll really be the same team as before? Phil: Some might say that you’re the team.
    [Show full text]
  • Globalisation and Management of the National Basketball Association Since the 1980S
    Int. J. Sport Management and Marketing, Vol. 11, Nos. 3/4, 2012 143 Globalisation and management of the National Basketball Association since the 1980s Naoki Chiba Department of Life Design, Hokusho College, 23, Bunkyo-dai, Ebetsu, Hokkaido, 069-8511, Japan Fax: +81 (11) 387-4198 E-mail: [email protected] Abstract: Drawing upon world-system theory this study focuses on international player migration as it is related to the global strategies of the NBA since the 1980s. The findings indicate that the number of foreign-born players in the NBA increased from 57 in the 2000–2001 season to 109 in 2007–2008. This study conceptualises the NBA with respect to the world-system theory such that North America is the centre, Europe is semi-periphery, Central/South America and Africa are periphery, and Asia and Oceania are considered part of the external world. Improvement in the management of NBA teams included increases of: 1 ticket receipts based on new construction and rebuilding of every arena 2 broadcasting rights fees 3 sponsorships based on sports marketing. The NBA actively expanded the number of teams in the USA and Canada since the late 1980s and expanded the overseas market by planning the MacDonald’s championships and the NBA Japan/China Games. Keywords: National Basketball Association; NBA; globalisation; basketball; David Stern; management; world-system theory Reference to this paper should be made as follows: Chiba, N. (2012) ‘Globalisation and management of the National Basketball Association since the 1980s’, Int. J. Sport Management and Marketing, Vol. 11, Nos. 3/4, pp.143–157.
    [Show full text]