Jerry Jones, Robert Kraft Could Lose Hundreds of Millions in 2020

n 2018, the Cowboys’ Stadium brought in $621 million and their total take overall was $950 million. Without fans at stadiums in 2020, Jerry Jones and other NFL owners would lose hundreds of millions.

Stories Shaping Sports and Business: May 20th

Coronavirus Could Cause Major Blow to NFL Pocketbook

According to Forbes if the NFL decides to go on with their season with empty stadiums, the league would lose about $5.5 billion, nearly 40% of the league's revenue. 

Forbes writer Mike Ozanian also went into detail about how much revenue each team would lose if there were no fans at the stadium. According to the report the Cowboys and Patriots would lose more than half their revenue. Dallas’ stadium brings in the most revenue in the league. In 2018, the Cowboys’ stadium brought in $621 million and their total take overall was $950 million.

The Patriots' stadium netted them $315 million with a total team revenue of $600 million. Both the Giants and Jets, who both call MetLife Stadium home, would lose $262 and $218 million if games are played without fans. 

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NBA is Going to Disney ... Maybe

A new report indicates Walt Disney World in Orlando Florida is the leading candidate to host the NBA as the league looks to finish the regular season from one central location.

Unlike Major League Baseball which plans on having all 30 teams play games in their regular stadiums, the NBA wants the league to resume from one location.

According to The Athletic, some other cities like Las Vegas were also in play, but Orlando and Disney World are now the front runner.

Disney’s Wide World of Sports is a 220-acre facility that can host multiple games at the same time. There are plenty of hotels in the area that would act as housing for players, coaches and team representatives.

The NBA suspended their season on March 11th. 

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Daily Coronavirus Update

There are over 4.9 million cases worldwide, and over 324,000 deaths. 1.5 million of those cases are in the United States, and over 92,000 deaths. There are 308,000 cases in Russia and Brazil now has 275,000 cases. 

The CDC has quietly released guidance around reopening. The guidance lays out a “three-phased approach” to reopening and reducing social distancing. It also proposes six “gating” indicators which indicate when to move through another phase. 

According to the guidance, the CDC is recommending that schools that are currently closed should remain closed through the first phase. Child-care programs should also remain closed if an area has a high number of cases, with the exception of programs designed to help support and serve essential workers. Bars should be closed and restaurants should remain limited to drive-thru, curbside take-out, and delivery in the first phase. Then they can begin reopening with limited capacity in the next phases. The entire document is around 60 pages long and only has a May date. It was put up on the CDC’s website without an announcement.

The CDC wrote, “Given the potential for a rebound in the number of cases or level of community transmission, a low threshold for reinstating more stringent mitigation standards will be essential.”

TheStreet's Katherine Ross contributed to this report.