[ABC] The NBA's revenue dropped 10% to $8.3 billion for the 2019-20 season amid losses because of the coronavirus pandemic, according to financial numbers shared with teams and obtained by ESPN.The balance of the finances included an $800 million loss in gate receipts and a $400 million loss in sponsorships and merchandise, sources said.
The NBA's losses included $200 million in deemed "net negative impact" from a monthslong splintering of a partnership with China in the aftermath of the Daryl Morey tweet promoting Hong Kong freedom a year ago, sources said.