It said up to $12 million. I didn't find another number saying the NBA has covered more. I guess I don't know for sure if $12 million is the most, so I apologize for that comment.
It didn't say all teams were losing $1.5 - $2 million. I believe Connecticut sells okay. There are only 12 teams in the league. So if it's more than $12 million, you could be conceivably talking closer to around $20 million. Again, I apologize for using that $12 million number in absolute.
Change that number to $20 million, and it's still a drop in the bucket for the NBA when they generate around $4 billion annually. The CBA negotiations right now are calling for the players to take anywhere from a $100 to $170 million pay cut annually. $20 million for the entire WNBA (if that's closer to the actual number) is the one year ulative salary of 4 MLE NBA players. It's still a drop in the bucket.