- Jun 10, 2014
- 57,459
- 29,303
They are the only team in the league not to cut any staff expenses. So I'd imagine they aren't to bad off. I mean did they lose revenue? Absolutely everyone did. But are they hurting? No, not by any means.
I don't know how you define hurting. Losing that much of your revenue is hurting - really badly. So far, they have avoided cutting staff expenses. With just a few exceptions, those are small change. They are not on the brink of bankruptcy, yet. But they are hurting badly.
We've barely begun to see the financial fallout from Covid. There are some big upheavals coming. Governments can't bailout and support everyone forever.