Many collegiate sports stadiums across the U.S. will be dark this year, but the phones lines are blinking for lawyers advising clients coping with the financial fallout from a fall without college football.
The decision by two major athletic conferences—the Big Ten and the Pac-12—to scrap their fall sports schedules due to the coronavirus pandemic came as colleges and universities turned to outside counsel to help face a wave of Covid-19 litigation.
At stake: an estimated $1.2 billion in television advertising revenue and up to $100 million a year in revenue for postponed elite football programs.
Big Ten commissioner Kevin ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.