Hammered by pandemic, NCAA revenue fell by $600 million last year ...Middle East

SFGATE - Sport
Hammered by pandemic, NCAA revenue fell by $600 million last year
The coronavirus pandemic fueled a $600 million plunge in the NCAA’s revenues during its most recent fiscal year, a staggering indication of how the virus forced a financial reckoning throughout a college sports industry that was already under scrutiny from lawmakers and regulators. The decision in March to cancel the men’s national basketball tournament cost the association $702 million in television and marketing rights, NCAA board members were told on a video call this month. The NCAA had planned to distribute $600 million to its Division I conferences last year but paid out less than half that. In an interview with the New York Times, Mark Emmert, the NCAA’s president, said he has overse

Hence then, the article about hammered by pandemic ncaa revenue fell by 600 million last year was published today ( ) and is available on SFGATE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Hammered by pandemic, NCAA revenue fell by $600 million last year )

Apple Storegoogle play

Last updated :

Also on site :