The NBA says it is still exploring ways to safely resume play for the season.
Team executives said the NBA should cancel the remainder of the 2019-20 season due to Covid-19, citing health concerns, extra time to plan for a new year.The NBA said it's still considering options to rescue the rest of the season, and it opened practice facilities this week.Even though the current NBA season is still technically suspended due to the coronavirus pandemic, its return this year seems less and less likely with each passing day.
NBA team executives and players' agents spoke to CNBC in recent weeks about the challenges in resuming play. They said team owners are concerned with liability issues and are conflicted about whether or not to give up on the current season. The individuals spoke on condition of anonymity as they aren't authorized to discuss league matters publicly.
If the NBA cancels the remainder of the regular season, leaving open the possibility of only a postseason, it hurts nonplayoff teams who want to collect the remainder of local TV dollars. But nonplayoff team owners would also benefit as they don't incur the costs associated with resuming under postseason formats.is confusing even to executives. Despite their massive media rights deal, teams are still reporting losses.
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