Lakers estimated the loss of $ 82 million in the ticket market due to corona virus cancellations
Cancellation of games due to a coronavirus pandemic will have a significant financial impact on the NBA and its teams. According to ticketiQThe league is estimated to lose a ticket market value of nearly $ 1.7 billion. The Los Angeles Lakers will be the hardest hit among the teams.
This estimate is based on the average list price of the secondary market * number of seats * number of canceled games. This is not an exact measure, but the easiest way to measure the size of the market value by league.
The most affected league is Major League Baseball, with an estimated secondary market value of just over $ 5.1 billion. The NBA and NHL, including playoff games, are two and three on the list.
Among the NBA teams, the Los Angeles Lakers suffer the largest loss on the ticket market with around $ 82 million. It is followed by the New York Knicks with $ 46 million and the Golden State Warriors with $ 42 million. None of them will participate in the resumption of the Orlando season.
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