COVID-19: MLB potential stadium revenue loss by team 2020
The COVID-19 pandemic that spread across the world at the beginning of 2020 was not only a big threat to public health, but also to the entire sports industry. The 2020 Major League Baseball season was scheduled to start on March 26, 2020, but was postponed indefinitely based on recommendations to restrict large gatherings of people for the upcoming weeks. This unprecedented move was covered extensively in the media with ramifications for both players and fans alike. Figures suggest that the New York Yankees could lose a potential 470 million U.S. dollars in stadium revenue as a result of the crisis.