NCAA says it lost $800M in revenue from cancellation of 2020 March Madness

Sportico: The NCAA says it lost more than $800 million in revenue from the cancellation of the men’s basketball tournament last year.



 


 

Revenue for the college sports governing body was $519 million in the 12 months ending Aug. 31, according to audited financial statements. That’s a 54% drop from the $1.1 billion that the NCAA brought in the prior year.

 


 




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