Apr 22, 2020 - Sports

Canada's role in the return of pro sports after coronavirus

Kendall Baker, author of Sports

Photo: Alex Goodlett/Getty Images

President Trump has spoken regularly about the return of sports. But in Canada, where large gatherings have been banned through August in much of the country, there's less urgency to bring them back.

Why it matters: Canada is home to 12 franchises that are part of North America's five major sports leagues, all currently weighing how and when to resume play.

  • NBA (1): Toronto Raptors
  • MLB (1): Toronto Blue Jays
  • MLS (3): Montreal Impact, Toronto FC, Vancouver Whitecaps
  • NHL (7): Calgary Flames, Edmonton Oilers, Montreal Canadiens, Ottawa Senators, Toronto Maple Leafs, Vancouver Canucks, Winnipeg Jets

Driving the news: Representatives from all four leagues said they have "open lines of communication" with Canadian officials, but that serious discussions about holding games in Canada have yet to occur, per NYT.

What to watch: Leagues have considered playing games in one centralized location without fans, an idea Anthony Fauci supports and one that would remove any Canadian obstacles.

  • Yes, but: Let's be honest — the "bubble" concept has major holes and is, quite frankly, not even worth taking seriously until a league releases an actual plan for how it would work.

Go deeper: Coronavirus causes delay in WNBA season and training camps

Go deeper

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Data: Yahoo Finance; Chart: Axios

The S&P 500 jumped nearly 3% on Friday after a stronger-than-expected May jobs report showed that an economic recovery could be underway.

The state of play: Stocks have rallied since the worst of the coronavirus sell-off ended in late March and looked past a spate of ugly economic reports — not to mention civil unrest.

The Athletic lays off 8% of staff, implements company-wide pay cut

Adam Hansmann (left) and Alex Mather (right), co-founders of The Athletic. Photo: Steph Gray, courtesy of The Athletic

The Athletic is laying off nearly 8% of staff, 46 people, according to an internal memo obtained by Axios.

Why it matters: It's the latest media company that's been been forced to take drastic measures to survive the economic fallout from the coronavirus. Like many sports media outlets, The Athletic has been particularly impacted by the loss of live sports.

Unpacking a surprise jobs report

Illustration: Rebecca Zisser/Axios

Can we trust this morning's surprisingly good employment report?

  • The short answer: Yes.