Sports on Hiatus: The Economic Fallout

ESPN Daily

ESPN

Sports

4.6 • 3.9K Ratings

🗓️ 13 March 2020

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

March Madness has been canceled. The NBA, NHL, and MLB seasons are currently on hold. The entire sports world has essentially ground to a halt, in an effort to slow the spread of the coronavirus. And while leagues, players, coaches, and fans will all be affected by the hiatus, so will thousands of behind the scenes workers who are critical to the sports industry. Adelaide Avila is a cashier at the Staples Center in Los Angeles, where the Lakers, Clippers, and Kings play, and joins the show to discuss how the lack of games will impact her. Then, sports economist Patrick Rishe explains just how far reaching the damage from the coronavirus will be to the wider sports world. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	My name is Adelaide Avila and I'm a cashier at Staples Center on the premium level floor.
0:07.0	I'm still hopeful that we're taking care of during the time that we're not working.
0:15.0	You know, the world still keeps going, even in crisis.
0:20.0	Bills still have to be paid. Lent has to be
0:23.3	paid. With the NBA season suspended, baseball's opening day pushed back, and March madness canceled.
0:34.1	The coronavirus pandemic has brought sports to a standstill.
0:38.8	Today, what happens when a multi-billion dollar industry grinds to a halt?
0:45.3	And who bears the cost?
0:48.0	I'm in times.
0:49.3	It's Friday, March 13th.
0:51.5	This is ESPN Daily, presented by ADT.
0:57.5	Where were you when you found out that the NBA was going on hiatus and how did you feel?
1:03.5	I was at work at the King's Game. It was around maybe nine-ish when I heard about the NBA.
1:11.8	And it was actually a little devastating because I knew we would be out of work.
1:18.1	And if the NBA canceled, it would only be a trickle of effect down to the rest of the major sports.
1:25.4	How will not working for an extended period of time affect you personally?
1:31.3	I mean, it's going to affect me a lot.
1:34.3	That's my only source of income.
1:38.3	I don't know what's going to happen tomorrow.
1:41.3	What do you do, you know?
1:45.0	What do you do when something like this happened?
1:48.0	This has never happened to us before, so it's hard to say.
	...

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