NBA Estimates 'Net Negative Impact' Of $200M From China's Response To Morey Tweet

The NBA estimates a "net negative impact" of $200 million from China's reaction to a Tweet by Daryl Morey in support of protesters in Hong Kong, sources tell ESPN.
Before the COVID-19 pandemic hit the United States in March and caused a suspension of the season that led to $1.2 billion in losses, the projected loss from the NBA's China business was considered massive internally.
The Chinese Communist Party removed all NBA games from CCTV until late in The Finals, while games continued to stream