Thursday December 7, 2023
Newsletters Podcast
Quick Hits

League Credit Strong

UPDATED November 05, 2020 | 08:58 pm | By
Dodgers
Kevin Jairaj-USA TODAY Sports
Linkedin
Copy Link
Link Copied
Link Copied

Credit ratings firms remain confident about the NBA, NFL and MLB despite the leagues reportedly experiencing a combined revenue drop of $13 billion.

Moody’s Investor Services suggests most municipally-owned stadiums have liquidity to survive the revenue losses from the pandemic. Fitch Ratings is optimistic the setbacks are temporary and are mitigated by current and future media rights deals.

MLB signed a 7-year, $3.75 billion deal with Turner in September — an increase of roughly 65% over its previous agreement — showcasing the potential safety net that future contracts could provide.

Revenue Losses by League this Season:

MLB: $7.7 billion

NFL: $4 billion (projected)

NBA: $1.2 billion

Linkedin
Copy Link
Link Copied
Link Copied

What to Read
by

Goodell Makes ‘MNF’ Visit To Help Jaguars in $2B Stadium Talks
The Jaguars are exploring a $2 billion stadium deal.
A Chicago Bears helmet.
by

Yet Another Proposal for A New Bears Stadium: The Parking Lot
Popular tailgating site becomes latest stadium site possibility for NFL team.
by

Ex-Jags Employee Accused of Stealing $22M, Going on Massive Shopping Spree
Executive accused of using team funds to fund lavish personal lifestyle.
by

NBA in Vegas? LeBron and RedBird Are All In
RedBird Capital Partners, Fenway Sports Group working with NBA superstar.
podcast thumbnail
podcast thumbnail mobile
Front Office Sports Today

Why the NBA May Have Made Billions With Midseason Tournament

0:00
0:00

Featured Today

The College Football Playoff is considering rotating TV networks for the national championship game.
by and

CFP Considers Super Bowl-Like Rotation For National Championship Game
Multiple networks could share rights to the championship game, sources told FOS.
Brett Favre
November 27, 2023

Favre Welfare Case Hold-Up? "AG’s Office Has Not Expressed Interest In Pursuing"
The DOJ interviewed Brett Favre in early 2020.
The future of the Pac-12 rests on a court decision.
November 24, 2023

The Pac-12 Plays Its Final Regular-Season Game. Then A Court Decides Its Fate.
The conference's future rests with a court decision.
Lane Kiffin
November 9, 2023

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit
FOS obtained audio of Lane Kiffin's interaction with the player behind lawsuit.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
FanDuel
Multiple Locations
Apply Now
Adidas
Multiple Locations
Apply Now
Creative Artists Agency
Multiple Locations
Apply Now

More in Quick Hits
patrick_mahomes
by

Super Bowl TV Viewership Sinks 8%
CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
person_playing_cricket
December 23, 2020

Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.
More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
man_riding_stationary_bike
December 28, 2020

Connected Fitness Company Echelon Lands $65 Million Investment
The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
Sponsored

NHL’s Chris Foster on Amplifying Content Distribution With Automation
Learn how the NHL is using WSC Sports to increase fan engagement.
woman_holding_hockey_stick
December 23, 2020

NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports
It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
antetokounmpo_dribbling_basketball
December 23, 2020

‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension
Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
December 22, 2020

Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’
"It's sort of the manifest destiny of the league that you expand at some point," NBA Commissioner Adam Silver said Monday.
December 22, 2020

Adidas Partners With Jerry Lorenzo, Fear of God Brand
Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.