Thursday, August 6, 2020
NFL Looking At Historic Revenue Losses Without Ticket Sales
The league is "staring at losing its traditional ticket revenue" as well as "several of its richest double-dipping resale markets."
Pac-12 Plots Massive Loan Program For Schools Should CFB Be Canceled
Each athletic department "could decide whether it wanted to participate in the program." Sources indicated that "not every school would make use of the loan."
NBA Bubble Restart Succeeding Due To Significant Safety Planning
The NBA and NBPA this week "once again announced that there have been zero positive COVID-19 tests returned from players in the bubble."
NBA Creates $300M Foundation To Empower Black Communities
The new NBA Foundation will have a "board of eight people," with four seats for owners/governors, three for players, and one for the league itself.
Raiders Lose Proposed $30M Deal With Public Water Agency
The planned 10-year length of the sponsorship and the $30M price were "factors in the water authority saying no thanks."
Adidas Expresses Optimism Despite 34% Drop In Q2
Adidas indicated that it had seen 93% "growth in e-commerce during Q2, accounting for a third of all of Adidas' sales in the period."
Katie Ledecky Aids MilkPEP With New "Got Milk?" Campaign
The campaign "celebrates people interacting with milk on social media while they're stuck at home, quarantining or working from home" because of COVID-19.