Hey there, Sports fans –
As many of us tuned into the 2020 NFL draft a couple of weeks ago, I had a realization that seemed somewhat surreal to me. Due to the ongoing pandemic: the NFL draft may be the most watched sporting event in the entire year of 2020.
The draft has continually earned more viewings every single year, with the 2019 event attracting nearly double the viewership than in just 2015. And new ratings show that this year’s draft saw a record-breaking 15.6 million viewers; a 37% increase from last year. Needless to say, the NFL has never been hotter.
But with reports of a potential “second coronavirus wave,” expected to arrive in the fall, this year’s NFL season may end up being exclusive to TV, or even postponed.
Interestingly, due to the enormous amount of TV revenue generated in a typical season, the NFL is in a better position than other sports financially to play to empty stadiums. In fact, due to the postponement of virtually every other sporting event – including the Olympics – TV viewership will most likely be higher this year.
At least the NFL season has until the fall to figure out their strategy. Perhaps by then, we may have figured out a way to mitigate the spread of another coronavirus outbreak, or possibly even have an effective and reliable treatment. For the time being, we can all still boo Roger Goodell and hope for the best.
Until next time, Go Chiefs!
~ Scott Asner, Founding Principal of Eighteen Capital Group (18CG) in Kansas City, Missouri
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