Coronavirus: MLS expecting $1 billion revenue loss as season resumption is agreed
5 June 2020
MLS commissioner Don Garber said in a conference call it would be "nearly impossible" to generate revenue at the levels needed.
Players have agreed to a new collective bargaining agreement which includes major salary cuts and a plan to resume the current season.
The MLS stands to lose a collective $1 billion in revenue due to the coronavirus pandemic, according to league commissioner Don Garber, who spoke after players agreed to resume the 2020 season.
"Major League Soccer will take a billion-dollar revenue hit due to the pandemic. And that's a function of lost revenue that regardless of what we're able to do, is going to be nearly impossible to generate at the levels that we need," Garber said on a video conference call with reporters, according to ESPN.
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