Sports jumps on PPP bandwagon, but big leagues take a pass
(WorldNews Politics)

Rapper Ice Cube, Republican Ohio Gov. Mike DeWine and longtime boxing promoter Bob Arum led a cavalcade of sports leagues, federations, businesses and teams that navigated a federal loan program designed to help small firms cope with the economic impact of the coronavirus pandemic. Data released Monday showed hundreds of thousands of Paycheck Protection Program recipients across a wide range of industries, and sports-related businesses were well represented. However, none of the four major North American sports leagues — the NFL, NBA, NHL and Major League Baseball — were among the businesses that applied, according to the data. Big 3 Basketball LLC, a Los Angeles-based 3-on-3 basketball...