COVID-19: sports industry revenue loss 2020

The COVID-19 pandemic at the beginning of 2020 hit the sports industry hard. Many professional leagues across the globe suspended their seasons and hundreds of thousands of jobs were put at risk as public sporting events across the country were cancelled. Analysis suggests that an estimated 2.2 billion U.S. dollars of national TV revenue for the sports industry could be lost as a result of the crisis.

Loss of revenue in the sports industry due to the coronavirus (COVID-19) pandemic as of May 2020, by segment

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

May 2020

Region

United States

Survey time period

as of May 2020

Supplementary notes

The source adds the following information: "The analysis... relies on assumptions that appear more remote with each passing day, such as the ability of Major League Baseball and Major League Soccer to salvage at least half their seasons with fans attending games. The analysis also assumes the NBA and NHL cancel the rest of their regular seasons and the playoffs are staged without fans. And that youth sports resume by July...it does not include projected losses from NASCAR, golf, tennis and several minor sports and gambling. The numbers also don't account for losses in the outdoor recreation industry, including hunting, skiing, recreational golf and tennis and fishing."

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Coronavirus: impact on the sports industry worldwide"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.