For Tennis, Golf, Tournaments Without Fans Come At A Cost
AP -- Tennis and golf tournaments could be in real financial trouble because of the coronavirus pandemic. The biggest team leagues such as the NFL and NBA seem to be in good shape because they derive most of their money from TV contracts worth billions each season. NASCAR also relies mainly on broadcast rights fees.
Another sport built around events at independent tracks, horse racing, counts on online gambling. But tennis and golf rely heavily on spectators and local sponsors. One possible fallout of reduced revenue around tennis if spectators are barred: reduced prize money. Another: Some tournaments simply could disappear.
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