As early as March, the NBA was projected to lose up to $450 million in ticket revenue alone from the coronavirus shutdown. Another $200 million in nonticket revenue like food, drinks and merchandise was never realized. Just like all businesses, the league’s teams still have to make payroll even when they’re operating in the red. After all, NBA stars aren’t exactly a cheap labor force, and it appears now that all or most of the seats will be empty leaguewide again next season, as well.

Sports: How Much Playing in the Bubble Cost Each NBA Team

Some NBA franchises, like the Los Angeles Lakers, have huge television contracts that generate hundreds of millions of dollars without a single fan in the stadium. Others, like the Los Angeles Clippers, have owners with pockets so deep that nine-figure problems are mere annoyances-- owner Steve Ballmer has $70 billion and owns more Microsoft shares than Bill Gates. Other teams, however, are overleveraged and butting up against not just payroll issues but also the NBA’s complicated luxury tax system and their owners’ individual financial woes as yet another year of red ink looms large.

See which NBA teams could be facing major financial problems.

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