Professional Sports Experienced Steep Fall in Ratings and Revenue in 2020

Professional Sports Experienced Steep Fall in Ratings and Revenue in 2020
San Francisco 49ers quarterback Colin Kaepernick (C) kneels during the national anthem before the team's NFL preseason football game against the San Diego Chargers, in San Diego, on Sept. 1, 2016. AP Photo/Chris Carlson
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Sports industry profits dropped by billions of dollars in 2020 across major leagues as the CCP virus pandemic caused stadiums to close up.

Despite larger amounts of people staying home due to lockdowns, TV ratings also plummeted remarkably—to about an average of half of last year’s figure.