• Loading stock data...
Saturday, October 25, 2025
    More
    Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

    Concession Recession

    By
    Aug 20, 2020 | 08:05 pm
    UPDATED Aug 20, 2020 | 09:27 pm
    Concession stand
    Jim Krajewski-Reno Gazette Journal via Imagn

    Stadium concessionaires are among the hardest hit by leagues resuming without fans. Last June, there were about 182,000 people directly employed by the spectator sports industry. 

    This year, that number was 87,000. Early on in the pandemic, a variety of athletes and teams pledged to pay game-day employees through the end of the 2020 seasons. 

    A recent Washington University in St. Louis study found NHL, NBA and MLB game-day employees would lose at least $680 million from canceled games in 2020. NFL workers could lose another $100 million. To date, 12 NFL teams have announced they will start the season without fans in attendance.

    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read

    Ballers in Philadelphia
    exclusive
    by

    Backer of SlamBall, Ballers Armed With $150M for New Fund
    The fund will offer sports and entertainment companies deals that don’t involve equity.
    [Subscription Customers Only] Jul 9, 2025; East Rutherford, New Jersey, USA; Real Madrid CF forward Kylian Mbappe (9) reacts after a semifinal match of the 2025 FIFA Club World Cup at MetLife Stadium.
    by

    CVC Builds Out Sports Division Amid Crowded PE Market
    The firm’s sports portfolio is reportedly worth $13.6 billion.
    by and

    Who Are the Richest MLB Owners?
    MLB owners are among the wealthiest people in the U.S.
    Feb 7, 2025; Storrs, Connecticut, USA; UConn Huskies center Tarris Reed Jr. (5) reacts after his basket against the St. John's Red Storm in the first half at Harry A. Gampel Pavilion.
    by

    After Decade Apart, ESPN and Big East Rekindle Media Rights Relationship
    After a decade-plus apart, the network will stream hundreds of conference events.

    Featured Today

    Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
    by

    NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess
    There’s no limit to how much players can make from NIL deals.
    Christie's
    October 21, 2025

    Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market
    An ultra-rare sports collection is about to hit the auction block.
    @chef__tezz/Instagram
    October 19, 2025

    Inside the NFL’s Private Chef Network
    Private chefs are the unsung architects of player performance.
    October 18, 2025

    How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate
    After beating LSU, Clark Lea said: “Internally, we expect to win.”

    More in Uncategorized
    Fernando Tatis
    by

    Arbitrator Says Fernando Tatis Jr. Must Pay Big League Advance Millions
    Tatis has called the agreement a “predatory” loan.
    Oklahoma Sooners defensive back Woodi Washington (5) runs after a reception during the Armed Forces Bowl football game between the University of Oklahoma Sooners (OU) and the Navy Midshipmen at Amon G. Carter Stadium in Fort Worth, Texas, Friday, Dec. 27, 2024.
    August 19, 2025

    Oklahoma Selling Fans Tickets to Press Conferences
    Press conference tickets for the Sooners’ season opener are already sold out.
    September 3, 2025

    Ohio State–Texas Showdown Was Most-Watched Week 1 CFB Game Ever
    Fox drew 16.62 million viewers on Saturday afternoon.
    Sponsored

    How HOKA is Reimagining the NIL Relationship
    Fans can now follow their favorite golfers and experience every marquee moment at the Ryder Cup — thanks to innovation from T-Mobile.
    August 11, 2025

    NBA Christmas Schedule Leans on LeBron, Steph While Betting on Flagg
    The Lakers, Warriors, and Rockets are all in action.
    August 10, 2025

    Bears CEO: Arlington Heights Only Local Location for New Stadium
    The Bears currently play in Soldier Field in downtown Chicago.
    August 8, 2025

    Three Schools Sue Mountain West, Commish Over Withheld Funds
    Boise State, Colorado State, and Utah State intensified the court battle.
    Courtesy: Harlem Globetrotters
    July 25, 2025

    The Harlem Globetrotters Have Changed Hands Repeatedly, but Keep Making Money
    The team is gearing up for its 100th season.