Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

MLS' Garber predicts near $1bn in 2021 losses

Written by 
Published in Soccer
Wednesday, 10 February 2021 13:34

Two days after ratification of a new Collective Bargaining Agreement with the MLS Players Association, MLS commissioner Don Garber said the league expects to lose "pretty close" to $1 billion in 2021.

Garber was speaking to reporters on a Zoom call, primarily to highlight the new CBA. The deal will save the league anywhere from $53 million to $110m during the life of the agreement, though Garber declined to specify an exact amount.

- Carlisle: Winners and losers in new MLS CBA
- Stream ESPN FC Daily on ESPN+ (U.S. only)
- MLS pushes season start date back to April 17

The commissioner added that with the vast majority of fans still unable to attend games due to the ongoing coronavirus pandemic, the impacts of COVID-19 were still having an adverse effect on MLS' business.

In December, Garber claimed that MLS sustained a $1bn drop in revenue in 2020, though league sources later amended that statement to "nearly $1bn" in losses.

"We are forecasted to lose pretty close to $1bn, if not $1bn, that we have been talking about," Garber said about 2021. "When you don't have fans for the majority of your season, it's just pure math. So that being said, our owners have been very, very focused over a long period of time to build a league. But they're their resources are not unlimited. We've got to drive revenue. We've got to think about new ways to approach our business."

The fact that MLS succeeded in reaching many of its goals during CBA negotiations led to conclusions that the league came out on the winning side. Garber took issue with such a characterization.

"This agreement is not about the league and the players winning or losing. It's about the game winning," he said. "It's about getting our players back on the field for our fans and our partners and continuing Major League Soccer's 26th season."

play
1:02

Optimism abounds as MLS players accept amended CBA

Kasey Keller shares his outlook on the 2021 MLS season after the league and players ratified an amended CBA.

On Monday, MLSPA executive director Bob Foose told ESPN that the current relationship between the union and the league is "transactional," implying that there is less of a feeling of collaboration between the two sides than in the past. Garber disagreed with that characterization, though he did admit relations with the MLSPA could be improved.

"We do need to work harder collectively -- not just the league -- but we need to work collectively to have a better relationship with our union," Garber said.

Garber was also asked about the impact continued travel restrictions between the U.S. and Canada will have on the league's three Canadian teams. At one point last year, the Montreal Impact, Toronto FC and the Vancouver Whitecaps were forced to set up home bases in the United States.

"Right now, our focus is trying to get an understanding as to when our [Canadian] teams can play in their home markets," Garber said. "And in the event that they're not able to, as our season is in front of us, having them have homes in the United States, where they'll be able to do sort of like they did at the end of last year, to be able to play their own matches."

The commissioner added that MLS is "really close" to being able to announce where Canadian clubs will be able to play.

Garber stated that the start of the 2021 MLS regular season will be pushed back until April 17, though it wasn't clear what impact that would have on other key dates, such as the opening of training camp.

Earlier this year, MLS took over the sales process for Real Salt Lake. Garber said the process had taken "a little bit of a pause during the pandemic," but that it is ongoing.

"We're very, very actively involved," Garber said. "I would say that I'm optimistic that we will find new ownership for the club, but we haven't put a timeline on it, we're just really, really focused on having those discussions and engaging with local people."

With Dallas Mavericks owner Mark Cuban declining to play the national anthem before games, and with the NBA stating earlier on Wednesday that it would require teams to do, Garber was asked about MLS' anthem policy. He noted that nothing had changed, nor did he expect there to be alterations.

"When we do not have fans in the stadiums, we will not have a national anthem," he said. "But when we do have fans in the stadiums, we will have the national anthem, and is that's not something that I see changing."

Read 301 times

Soccer

Man City face 'tough' season after late collapse

Man City face 'tough' season after late collapse

EmailPrintOpen Extended ReactionsPep Guardiola said Manchester City are in for a "tough" season afte...

Man City need more than Haaland as season sits on knife's edge

Man City need more than Haaland as season sits on knife's edge

EmailPrintOpen Extended ReactionsMANCHESTER, England -- For 75 minutes on Tuesday night, Manchester...

10-man PSG drop to 26th in narrow loss to Bayern

10-man PSG drop to 26th in narrow loss to Bayern

Bayern Munich battled past 10-man Paris Saint-Germain 1-0 in the Champions League thanks to Kim Min-...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Giannis out vs. Heat due to pregame knee issue

Giannis out vs. Heat due to pregame knee issue

EmailPrintOpen Extended ReactionsMIAMI -- Milwaukee Bucks star Giannis Antetokounmpo is out for Tues...

Sources: Kings closing in on deal for Crowder

Sources: Kings closing in on deal for Crowder

EmailPrintOpen Extended ReactionsFree-agent forward Jae Crowder is close to a deal with the Sacramen...

Baseball

Dodgers split $46M from record MLB playoff pool

Dodgers split $46M from record MLB playoff pool

EmailPrintOpen Extended ReactionsNEW YORK -- A full postseason share for the World Series champion L...

Starter or reliever? Stay with the Phillies or go elsewhere? All-Star Jeff Hoffman opens up on free agency

Starter or reliever? Stay with the Phillies or go elsewhere? All-Star Jeff Hoffman opens up on free agency

EmailPrintOpen Extended ReactionsJeff Hoffman is one of the most sought-after relievers in this offs...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated