If NFL teams play games without fans in the stands in 2020, the league could lose $5.5 billion, according Forbes’ Mike Ozanian.
The NFL would lose $5.5 billion of stadium revenue (the sum of tickets, concessions, sponsors, parking and team stores) — or 38% of its total revenue — based on figures for the 2018 season (ranking below). But the impact on the individual teams would vary greatly. For example, the Dallas Cowboys and the New England Patriots would lose over half their total revenue while the Buffalo Bills, the Tennessee Titans and the Cincinnati Bengals would lose less than one-third.