Timberwolves could lose $7.2 million in gate revenue if NBA season doesn’t resume
The Minnesota Timberwolves could be drastically impacted financially if the NBA season doesn’t resume.
Per Navigate Research, the Timberwolves could lose $7.2 million in gate revenue if they couldn’t finish the regular season, via Megan Ryan of the Star Tribune:
Using figures from the most recent Forbes report, Navigate Research estimated the Timberwolves could lose $7.2 million in gate revenue if they couldn’t finish the regular season, and the Wild $8.5 million or more because of a potential playoff run. The Twins could lose $2.4 million, Navigate estimated, if the games during the two-week delay to the start of the season are not made up.
The Timberwolves went 19-45 before the season got suspended. They were in 14th place in the Western Conference standings and headed for the lottery again.
NBA commissioner Adam Silver said Thursday on TNT the season could resume in July or August. However, he also admitted play could be stopped altogether.
Now that there are three players in the NBA with the virus, it’s hard to see basketball being played again this season. Plus, you never know if we are going to get more positive test results down the line.