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The New York Times: Why Major Sports Might Risk Comebacks During the PandemicMay 31, 2020
O’Melveny sports industry group co-chair Irwin Raij is quoted in this New York Times article about how major US sports leagues, including the NBA, NHL, and MLB, as well as European soccer leagues, are trying to return amid the coronavirus pandemic. As those who work closely with the leagues and team owners told the Times, the financial consequences of not returning, potentially billions of dollars in losses across the leagues, make trying to come back vital. “The economics of missing an entire season are just really, really bad,” said Raij, who is in regular contact with numerous team officials and owners.
The New York Times subscribers can read the full article here.