Historically, sports have been recession proof. I was in my early 20s when the Great Recession of 2008 hit. I first became a Washington Wizards season ticket holder in the 2008-09 NBA season, when the Wizards won just 19 games. And during a time when many people were losing their jobs left and right, I fortunately wasn’t laid off. And I went to Wizards games at the then-Verizon Center to unwind after a 9-5.
Just a little over a decade later, the American economy is back in a recession. Unlike the Great Recession, it wasn’t caused by a housing bubble.