Sports industry profits dropped by billions of dollars in 2020 across major leagues as the CCP virus pandemic caused stadiums to close up.
Despite larger amounts of people staying home due to lockdowns, TV ratings also plummeted remarkably—to about an average of half of last year’s figure.
Front Office Sports reported that the league that suffered the greatest was the MLB at $5.2 billion. The league was widely criticized for appeasing to the Marxist-inspired Black Lives Matter and other leftist movements.
Locally the tone deaf Toronto Raptors have been running an ad that opens with a shot of a Black Lives Matter banner. Imagine that, the wealthy and privileged running ads for a communist race-hate group. Maybe the Leafs will run an ad for the KKK.
Related
These Cities Built Minor League Ballparks With Taxpayer Money. Now They Don’t Have Teams To Play in Them.
A reshuffling and reduction of Major League Baseball’s feeder system means spending taxpayer money on stadiums looks even more foolish than it was before.
You can bet Tory’s pals will be demanding tax dollars for a new stadium. With luck they’ll move out of town.
