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Originally Posted by homoe
The NFL could stand to lose a whopping $7 billion should fans be barred from attending games of any kind during the regular season this year, according to data from an event ticket search engine.
Some NFL teams have already decided that there are going to be no fans in the stands when games are played this season. The Las Vegas Raiders, New York Giants, New York Jets and Philadelphia Eagles have already decided to play in empty stadiums while the 28 other teams have yet to decide.
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In a year when the NFL’s ticket-selling framework was poised to produce arguably the richest windfall the league has ever seen, it’s now looking like a double-loss is inevitable.
Not only is the NFL staring at losing its traditional ticket revenue — from season-ticket holders and one-off retail buyers — the league has now also lost several of its richest double-dipping resale markets, including the Las Vegas Raiders, Philadelphia Eagles, New York Jets and New York Giants. Those are the first four franchises to completely eliminate fans in 2020, with more venues likely to follow suit in the coming month.
After several years of consolidating the secondary ticket market and cutting out brokers through partnerships with StubHub and others, the NFL will also be losing a back-end revenue stream.