Bad news has continued to hit the U.S. basketball world. The NBA Commissioner Adam Silver on Thursday announced that the regular season will not resume for at least another 30 days.

Earlier, ESPN revealed that All-Star guard Donovan Mitchell of the Utah Jazz tested positive for COVID-19, becoming the only positive result of all 58 tests conducted on Wednesday night. The first positive test result came from Mitchell's teammate Rudy Gobert.

The NBA was not the only one getting hurt. The NCAA on Thursday announced that the Division I men's and women's 2020 basketball tournaments, as well as all remaining winter and spring NCAA championships, have all been canceled.

That includes "March Madness," the event that is so popular that even the NBA will have to leave the way for its final game.

The suspension of the regular season means no payment for the players. It may not be a big deal for those who enjoy big contracts, but don't forget there are many in the league living on minimum deals and 10-day contracts.

Second, teams will lose revenues from ticket sales. Not all teams are like Los Angeles Lakers that enjoy a juicy three-billion-U.S.-dollar TV deal with Time Warner. For small-market teams, ticket sales contribute a large part to their season revenues. According to Tencent Sports, if the regular season restarts behind closed doors, the whole league will lose some 500 million U.S. dollars in ticket sales money.

By the way, this number is only for the regular season. If the playoffs are canceled or must go without an audience, the loss will be even more intimidating.

Lost revenues are only about the short future. Compared with that, teams and players will hate the following problems.

The projected salary cap and luxury line of the NBA for the 2020-21 season are 113 and 138 million U.S. dollars respectively. Nonetheless, since both numbers are connected with the league's expectations of incomes, it's only logical to assume that both will drop because of the possible revenue losses we just talked about.

Some argue that there may be a drop of eight million. If that comes true, it will be catastrophic for the teams because the salary cap and luxury line will decide how teams operate. Those who already pay luxury taxes will end up paying more; those who have tried so hard to avoid the luxury tax will see their efforts fail.

Players will suffer too because their salaries are determined by the salary cap. That's why the money of rookie contracts, maximum contracts and other deals has kept growing in recent years as has the salary cap. That may not be the case this time.

Another possible source of damage may come from the NCAA. College basketball games are not only competitive, but also one of the major opportunities for teams to observe young talent before they decide how to deal with their draft picks. One of the reasons that draft picks have become so valuable is their infinite possibility. A smart choice made can be a real game-changer for a team. However, when teams do not have enough information to make their decisions, such "infinite possibility" can become "endless uncertainty."