PBA losing ₱30M a month due to season stoppage

PBA Commissioner Willie Marcial disclosed that the league is losing around ₱30M a month as a result of the suspension of the 2020 season due to the COVID-19 pandemic.

The league’s 45th season has been suspended since March 11, just three days after the opening ceremonies and curtain-raiser between Philippine Cup defending champion San Miguel and Magnolia.

“Ang mawawala sa amin ay gate receipts, television, sponsorships, at patuloy pa rin kami nagbabayad sa mga tao namin,” said Marcial during an online conference of the Philippine Sportswriters Association (PSA) Forum.

“Lampas ng P30-million a month ang nawawala sa amin. Conservative ‘yon,” he added while emphasizing that the estimated amount still doesn’t include the losses incurred by each franchise.

While the safety of the fans, the players and league personnel are considered more important than financial matters, Marcial insisted the league has been doing its best to deal with the monetary losses that came with the stoppage.

“Malaki ang nawala. Alam natin sakripisyo naman ‘to. ‘Di naman natin kagustuhan ‘to. Sobrang naapektuhan ang PBA. Parang lahat ng negosyo naapektuhan, parang mapipilayan. Ganun din ang nararamdaman ng PBA,” he said. “Wala kaming sinisisi. Wala kaming tinuturo. Ganun talaga. Kahit ‘yung ibang malalaking negosyo, tinatamaan talaga.”

On a positive note, team owners and governors have stepped up and banded together to keep the league afloat during these trying times.

“Buti na lang may konti tayong savings at ‘yung teams, team owners and governors, parang equity nila na dahan-dahan binibigay sa PBA para gamitin sa pang-sweldo,” shared Marcial who added that teams have yet to implement pay cuts on their players and staff.

“Wala pa, sa pagkakaalam namin,” he said. “Walang nagcu-cut, walang nagbabawas, walang hindi nagpapa-sweldo. Ang alam ko lahat ay dire-diretso pa rin ang sweldo. ‘Di lang players, pati mga coaches at mga ballboys.”

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