The COVID-19 pandemic at the beginning of 2020 hit the sports industry hard. Many leagues across the globe suspended their seasons, including the NCAA’s Division I men’s basketball tournament, also known as March Madness. This college basketball tournament is very lucrative for the NCAA and its potential complete cancellation could mean a loss of 17 million U.S. dollars per school in the Southeastern Conference (SEC) due to the media rights deal with CBS that is now in jeopardy.
Potential loss of revenue from NCAA's March Madness TV deals per school due to the coronavirus (COVID-19) pandemic as of March 2020, by conference
(in million U.S. dollars)
Conference (TV network)
Revenue loss in million U.S. dollars
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Website (frntofficesport.com). (March 12, 2020). Potential loss of revenue from NCAA's March Madness TV deals per school due to the coronavirus (COVID-19) pandemic as of March 2020, by conference (in million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1104209/coronavirus-revenue-loss-march-madness-media-rights/
Website (frntofficesport.com). "Potential loss of revenue from NCAA's March Madness TV deals per school due to the coronavirus (COVID-19) pandemic as of March 2020, by conference (in million U.S. dollars)." Chart. March 12, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1104209/coronavirus-revenue-loss-march-madness-media-rights/
Website (frntofficesport.com). (2020). Potential loss of revenue from NCAA's March Madness TV deals per school due to the coronavirus (COVID-19) pandemic as of March 2020, by conference (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1104209/coronavirus-revenue-loss-march-madness-media-rights/
Website (frntofficesport.com). "Potential Loss of Revenue from Ncaa's March Madness Tv Deals per School Due to The Coronavirus (Covid-19) Pandemic as of March 2020, by Conference (in Million U.S. Dollars)." Statista, Statista Inc., 12 Mar 2020, https://www.statista.com/statistics/1104209/coronavirus-revenue-loss-march-madness-media-rights/
Website (frntofficesport.com), Potential loss of revenue from NCAA's March Madness TV deals per school due to the coronavirus (COVID-19) pandemic as of March 2020, by conference (in million U.S. dollars) Statista, https://www.statista.com/statistics/1104209/coronavirus-revenue-loss-march-madness-media-rights/ (last visited September 01, 2024)
Potential loss of revenue from NCAA's March Madness TV deals per school due to the coronavirus (COVID-19) pandemic as of March 2020, by conference (in million U.S. dollars) [Graph], Website (frntofficesport.com), March 12, 2020. [Online]. Available: https://www.statista.com/statistics/1104209/coronavirus-revenue-loss-march-madness-media-rights/