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David Broughton

David Broughton

Game-day losses grow: $6B revenue, 116M fans

The coronavirus-related postponements and cancellations of games and events so far this year in the United States and Canada has caused the loss of more than $6 billion in potential game-day revenue and affected more than 116 million possible attendees, according to published information and available data analyzed...

$665M in PPP loans saves 36K jobs

I ntersport received a Paycheck Protection Program loan in early April, which allowed the Chicago-based agency to limit furloughs, once the company went through the funds, to just six event specialists.    “Our intent is to bring them back as soon as the event business...

Centerplate Signs Deal With Virginia Beach Sports Center

Centerplate was awarded a multiyear food service contract at the Virginia Beach Sports Center, a $68M facility scheduled to open in November. The venue will have 285,000 square feet of space, including 12 basketball courts, 24 volleyball courts, a 200 meter, hydraulically banked track, and seating for 5,000 spectators....

TV spend for biggest sports advertisers down 30%

Advertising during televised sports programming is down 30% from the same time last year to  $1.45 billion, according to data provided to Sports Business Journal by iSpot.tv. Geico, annually one of the top advertisers, spent $138.4 million from the beginning of the year through June 7, the...

Showstopper: Nearly $1 billion in lost concert revenue

More than 500 concerts scheduled for arenas and stadiums in 2020, representing 13.4 million potential fans and nearly $1 billion in total projected revenue, have been canceled or postponed since mid-March by the coronavirus pandemic, according to a Sports Business Journal analysis of hundreds of sport venues and musical...

Fan comeback time varies by sport

Esports and MLS fans say they are willing to attend a live sporting event just more than five months after social distancing restrictions are lifted, a period shorter than any other fan base, according to a new study from Navigate Research. Basketball fans said they will wait nearly...