Pandemic is Driving Innovation in Sports Business.

0 6 reports: “The global health crisis has turned the world upside down, impacting every aspect of life. Social distancing is part of our “new normal. It’s proven to be the most effective way to limit the virus’ spread. Unfortunately, it has also had negative consequences for the sports industry. It’s affected everyone from the fans, athletes, and broadcasters, to sports sponsors, arenas, retailers, universities, and every vendor that supports them”.
“The pandemic is an international health emergency that has killed tens of thousands of people and sent shockwaves around the world, plunging the global economy into the sharpest decline in modern history”.
“It all started for the sports industry in the second week of March when the 2020 NBA season was canceled due to a sudden spike in positive cases among the athletes who were tested. But the coronavirus put a stop to that momentum”.
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