The coronavirus pandemic has caused a lot of issues financially for a lot of people. And the NFL is expecting to take a pretty big hit too.
Especially if the season is hurt by the situation. It looks like they are planning to play at least some games in empty stadiums, with no fans in attendance. Obviously, that would mean they would be losing out on a lot of revenue when it comes to ticket sales and all the other ways fans spend money while at the games.
According to Seth Wickersham of ESPN.com, the NFL and club executives have agreed to raise the team debt limit in 2020.
By how much you ask? $150-million. It was set at $350-million, but now that number rises to a whopping $500-million.
This makes a lot of sense too. And you would imagine that if this all blows over before the 2021 season, the limit will be dropped quite a bit once again.
Article Continues BelowThe NFL is in a weird spot right now. They are one of the few leagues to not have games hurt by this pandemic yet. However, they are in the unique spot that they get to try to plan ahead for it.
Of course, there is a (slim) chance that everything is 100 percent back to normal by the start of the NFL season. And if that's the case, they will likely see just about usual revenue when it comes to ticket sales and such.
In fact, it wouldn't be crazy to assume the sales would spike. Fans might be eager to get back to sporting events and want to go to the first available games.
For now though, the NFL needs to be proactive and prepare for the worst-case scenarios. And that includes them losing a lot of potential revenue due to the pandemic.