The COVID-19 pandemic at the beginning of 2020 hit the sports industry hard. Many professional leagues across the globe suspended their seasons, while Major League Soccer postponed the start of its new season for 30 days in light of the pandemic. This jeopardized the league's media rights deal, which brings in annual revenues of an estimated 90 million U.S. dollars. Teams in the USL Championship, the league below the MLS, are also set to be hit hard by the postponement, with the top teams in the league missing out on potential revenue of over 200 thousand U.S. dollars per home game.
Potential loss of revenue for US soccer leagues due to the coronavirus (COVID-19) pandemic as of March 2020 (in 1,000 U.S. dollars)
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Industry overview
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- Basic Statistic COVID-19: effect on revenue from sports industry worldwide 2020
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Baseball
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Football
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The Olympics
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Soccer
8
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Sportscasting. (March 12, 2020). Potential loss of revenue for US soccer leagues due to the coronavirus (COVID-19) pandemic as of March 2020 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1104183/coronavirus-revenue-loss-soccer/
Sportscasting. "Potential loss of revenue for US soccer leagues due to the coronavirus (COVID-19) pandemic as of March 2020 (in 1,000 U.S. dollars)." Chart. March 12, 2020. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1104183/coronavirus-revenue-loss-soccer/
Sportscasting. (2020). Potential loss of revenue for US soccer leagues due to the coronavirus (COVID-19) pandemic as of March 2020 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1104183/coronavirus-revenue-loss-soccer/
Sportscasting. "Potential Loss of Revenue for Us Soccer Leagues Due to The Coronavirus (Covid-19) Pandemic as of March 2020 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 12 Mar 2020, https://www.statista.com/statistics/1104183/coronavirus-revenue-loss-soccer/
Sportscasting, Potential loss of revenue for US soccer leagues due to the coronavirus (COVID-19) pandemic as of March 2020 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1104183/coronavirus-revenue-loss-soccer/ (last visited June 16, 2024)
Potential loss of revenue for US soccer leagues due to the coronavirus (COVID-19) pandemic as of March 2020 (in 1,000 U.S. dollars) [Graph], Sportscasting, March 12, 2020. [Online]. Available: https://www.statista.com/statistics/1104183/coronavirus-revenue-loss-soccer/