Obviously, there has been no shortage of good discussion on CD about almost every aspect of COVID-19 on FIRST teams. One thing I’ve been thinking about, now that we know the season is suspended/cancelled, presumably at least for the rest of this school year, and potentially for good until next year, is the potential financial impact on future seasons.
At least here in the US, some believe that we are heading into a serious recession. I am no economist, so I won’t try to claim one way or another whether this is true. But, I think it’s an eventuality worth considering. So, even though we will get our champs registration fees back for those of us that had already qualified, we all are facing a very real possibility of families and mentors losing jobs, money becoming tight at sponsors, more families requesting financial assistance with travel/dues if that’s something your team does, etc.
On top of all that, FIRST has obviously lost a lot of money with the cancellation of worlds, and if they do reschedule suspended/postponed events, is on track to lose more. So, I would also think it’s not outside the realm of possibility that FIRST is forced to raise dues and/or limit assistance to rookie teams in the coming years.
What is CD thinking about this? Are any other teams concerned about how economic issues could impact their club and members next season?
(as always, my posts don’t represent the official position of any team or organization–we are still in the very early stages of our planning and have not even discussed this topic yet as a club)