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Guitar Middle is submitting for chapter – WISH-TV | Indianapolis Information | Indiana Climate

(CNN) — Guitar Middle is submitting for Chapter 11 chapter, the most recent firm to go bankrupt through the pandemic that has decimated America’s retail sector.

The 61-year-old firm — the largest musical instrument retailer in america — had tried to remain afloat through the coronavirus pandemic by providing digital music classes. However Guitar Middle was pressured to shut a lot of its shops in March throughout nationwide lockdowns, and it struggled to get clients to purchase devices because the economic system headed south.

Guitar Middle has 269 areas, a lot of that are in malls that had been struggling lengthy earlier than COVID-19. Foot site visitors in malls has plummeted, and shops like Guitar Middle which are depending on folks making discretionary purchases have been among the many worst-hit this yr.

The corporate stated in its chapter submitting that it obtained as much as $165 million in new fairness investments and lenders agreed to scale back the corporate’s debt by practically $800 million.

The corporate’s main proprietor, Ares Administration Company, in addition to new fairness investor Brigade Capital Administration and a fund managed by The Carlyle Group will assist finance Guitar Middle by chapter.

“This is a vital and constructive step in our course of to considerably cut back our debt and improve our means to reinvest in our enterprise to assist long-term development,” Guitar Middle CEO Ron Japinga stated in an announcement.

The corporate will proceed to remain in enterprise through the chapter course of. However it might not be capable of capitalize on the vacation procuring growth. Greater than 1 / 4 of Individuals — 28% — say they may spend much less on vacation items this yr in comparison with final yr, Gallup stated in a brand new ballot, marking the very best share Gallup has recorded on this class since 2012.

“We are going to proceed to serve our clients and ship on our mission of placing extra music on the planet,” Japinga stated. He added that the corporate expects to finish the method by the tip of the yr.

Coronavirus hyperlinks

Indiana coronavirus timeline

With data from the Indiana Division of Well being by Nov. 19, this timeline displays up to date tallies of deaths and constructive exams previous to that date.

  • March 6: Indiana State Division of Well being (ISDH) confirms the primary case in Indiana. Officers say the Marion County resident had lately traveled to Boston to attend a BioGen convention as a contractor.
  • March 8: ISDH confirms a second case. An grownup in Hendricks County who had additionally traveled to the BioGen convention was positioned in isolation. Noblesville Faculties say a mum or dad and that mum or dad’s youngsters can be self-quarantining after attending an out-of-state occasion the place another person examined constructive.
  • March 9: Avon Group College Corp. says a pupil on March 8 examined constructive.
  • March 10: ISDH launches an internet tracker. Ball State College basketball followers be taught the Mid-American Convention tourney may have no followers within the stands. Three companies working nursing houses in Indiana announce they may not permit guests.
  • March 11: The Indianapolis-based NCAA pronounces the Closing 4 basketball tournaments can be performed with important employees and restricted household attendance. The Huge Ten pronounces all sports activities occasions, together with the lads’s basketball match at Bankers Life Fieldhouse, may have no followers beginning March 12. Ball State College suspends in-person lessons the remainder of the spring semester. NBA suspends all video games, together with the Indiana Pacers, till additional discover. Butler College and the College of Indianapolis lengthen spring break, after which they may have digital lessons.
  • March 12: Gov. Eric Holcomb pronounces new protections that led to prolonged public college closings and the cancellation of enormous occasions throughout the state. The NCAA cancels its basketball tournaments. The Huge Ten suspends all sporting occasions by the winter and spring seasons. The league together with the Indy Gas hockey workforce suspends its season. Indy Eleven says it should reschedule 4 matches. Indianapolis’ annual St. Patrick’s Day Parade is canceled. 
  • March 13: The Indiana Excessive College Athletic Affiliation postpones the boys basketball match. Wayzata House Merchandise, a Connersville cupboard maker, shuts down and lays off its total workforce attributable to market uncertainty. Gov. Holcomb pronounces actions together with the elimination of Medicaid co-pays for COVID-19 testing and the lifting of limits on the variety of work hours per day for drivers of economic automobiles. Franklin School says it should start on-line lessons March 18 and empty residence halls of scholars in two days. The Youngsters’s Museum of Indianapolis closes indefinitely. The Indianapolis Public Library joins different libraries throughout Indiana and closes all amenities indefinitely.
  • March 14: The Indiana Gaming Fee says all licensed gaming and racing operations will shut in two days for an indefinite interval.
  • March 15: Indiana had its first demise. St. Vincent Hospital in Indianapolis pronounces it should droop all elective, non-urgent surgical procedures.
  • March 16: Indiana had its second demise. Gov. Holcomb introduced the primary Hoosier demise. He closes bars, eating places and nightclubs to in-person patrons, however maintains carryout and supply companies.
  • March 17: Indiana had its third and fourth deaths. ISDH pronounces Indiana’s second demise. Indiana’s Catholic bishops cancel lots indefinitely. Gov. Holcomb prompts the Nationwide Guard. Purdue, Butler and Indiana State universities cancel Could graduation ceremonies.
  • March 18: Indiana had its fifth demise. Eli Lilly and Co. says it should use its labs to hurry up testing in Indiana. The 500 Competition suspends all occasions. Simon Property Group closes all malls and retail properties.
  • March 19: Gov. Holcomb extends Indiana’s state of emergency into Could. Holcomb says he’ll shut all Ok-12 public and nonpublic colleges. Standardized testing was canceled. The state’s income-tax and corporate-tax fee deadline was prolonged to July 15. Holcomb says the state will waive job search necessities for folks making use of for Short-term Help to Needy Households. The IHSAA Boys Basketball State Event was canceled. The Marion County Emergency Operations Middle upgrades to Stage 1 standing.
  • March 20: Indiana’s demise toll rose to 9. ISDH pronounces Indiana’s third demise. Gov. Holcomb strikes the state’s main election to June 2. Indiana College says it’s suspending Could graduation ceremonies on all campuses.
  • March 21: Indiana’s demise toll rises to 14. ISDH pronounces Indiana’s fourth demise. Indiana Nationwide Guard says it and the Division of Transportation are distributing medical provides to hospitals.
  • March 22: Indiana’s demise toll rises to 19. ISDH pronounces seven deaths.
  • March 23: Indiana’s demise toll rises to 24. Holcomb orders Hoosiers deemed nonessential to “keep at house” from March 24-April 7. Eli Lilly & Co. begins drive-thru testing for the coronavirus for well being care employees with a health care provider’s order. Ball State College cancels the Could graduation.
  • March 24: Indiana’s demise toll rises to 29. Fred Payne of Indiana Workforce Growth says any Hoosiers out of labor, together with momentary layoffs, are eligible to use for unemployment advantages.
  • March 25: Indiana’s demise toll rises to 35. Indianapolis Motor Speedway pronounces the Indianapolis 500 is moved to Aug. 23.
  • March 26: Indiana’s demise toll rises to 44.
  • March 27: Indiana’s demise toll rises to 47.
  • March 28: Indiana’s demise toll rises to 58.
  • March 29: Indiana’s demise toll rises to 76.
  • March 30: Indiana’s demise toll rises to 91.
  • March 31: Indiana’s demise toll rises above 100, to 113. Gov. Holcomb extends the boundaries of bars and eating places to supply solely “to go” and “carryout” by April 6. Indiana well being commissioner Dr. Kristina Field, requested about when Indiana can be in a surge of COVID-19 circumstances, says she thinks the surge is beginning.
  • April 1: Officers lengthen Marion County’s “keep at house” order by Could 1. Marion County well being officers say they may begin COVID-19 testing companies for front-line workers.
  • April 2: The state pronounces Ok-12 colleges can be closed for the remainder of the varsity yr. The Indiana Excessive College Athletic Affiliation cancels spring sports activities seasons.
  • April 3: Gov. Holcomb extends the “keep at house” order by April 20. The state receives a federal Main Catastrophe Declaration for all 92 counties. The Indiana Nationwide Guard says it, the Military Corps of Engineers and state well being officers will start to evaluate websites for alternate well being care amenities.
  • April 4: Indiana’s demise toll rises above 200.
  • April 6: The state studies a Madison County nursing house has had 11 deaths. Gov. Holcomb extends the “keep at house” order by April 20. He additionally limits extra companies to carry-out solely.
  • April 7: Indiana’s demise toll rises above 300. Indiana well being commissioner Field says 4 long-term care amenities have 22 deaths that seem like associated to COVID-19.
  • April 10: ISDH stated 24 residents of a long-term care facility in Madison County have died from COVID-related sickness.
  • April 11: Indiana’s demise toll rises above 400.
  • April 14: Indiana’s demise toll rises above 500.
  • April 16: Indiana data greater than 10,000 constructive coronavirus exams. The governor says he expects Indiana to expertise a reopening in early Could.
  • April 17: Indiana’s demise toll rises above 600. The governor says that he’ll lengthen the “keep at house” order by Could 1.
  • April 20: Indiana’s demise toll rises above 700. Gov. Holcomb extends the “keep at house” order to Could 1. The governor additionally says, if the medical provide chain is in fine condition, different elective medical procedures can resume April 27.
  • April 22: Indiana’s demise toll rises above 800. The Tyson facility in Logansport voluntarily closes so 2,200 workers could be examined for COVID-19.
  • April 24: Indiana’s demise toll rises above 900. The Indianapolis Metropolis-County Council approves $25 million to assist small companies. Fishers Metropolis Council creates a metropolis well being division with a plan to check each resident.
  • April 25: ISDH says it should launch an antibody testing examine for Hoosiers; hundreds of residents have been randomly chosen to take part within the examine.
  • April 27: Indiana’s demise toll rises above 1,000.
  • April 28: Indiana officers say they may open COVID-19 testing to extra Hoosiers, with expanded standards and new testing companies at 20 websites across the state.
  • April 29: The state says it should spent $43 million on contact tracing.
  • April 30: Indianapolis extends its stay-at-home order by Could 15.
  • Could 1: Gov. Holcomb pronounces a phased reopening plan for the state of Indiana. He additionally extends the stay-at-home order to Could 4.
  • Could 3: Indiana data greater than 20,000 constructive coronavirus exams.
  • Could 4: Indiana enters Stage 2 of its Again on Monitor plan, which excludes Cass County till Could 18, and Lake and Marion counties till Could 11.
  • Could 6:The state begins testing for all Hoosiers at 20 websites, with plans to develop the variety of websites to 50 in every week. Ivy Tech Group School says it should proceed digital lessons when summer season programs start in June. 
  • Could 8: Cris Johnston, director of the Workplace of Price range and Administration, says the state missed out on practically $1 billion in anticipated April revenues; all state businesses can be given budget-cutting targets. Purdue College OKs plans to reopen for the autumn semester with social distancing and different security measures.
  • Could 10: Indiana’s demise toll rises above 1,500.
  • Could 13: Indiana’s demise toll rises above 1,600.The primary part of a state-sponsored examine of the coronavirus estimated about 186,000 Hoosiers had COVID-19 or the antibodies for the novel virus by Could 1. Indianapolis Mayor Joe Hogsett introduced plans for restricted reopenings of worship companies, retail institutions, libraries and eating places.
  • Could 15: Simon Property Group reopens Castleton Sq. Mall, Circle Centre Mall, and Trend Mall at Keystone
  • Could 16: Indiana’s demise toll rises above 1,700.
  • Could 17: Marion County’s demise toll rises above 500.
  • Could 18: Indiana studies its first case of multisystem inflammatory syndrome in a baby. The Farbest Meals turkey-processing plant in Huntingburg is closed for 3 days; 91 folks had examined constructive there.
  • Could 19: Indiana’s demise toll rises above 1,800.
  • Could 21: Indiana data greater than 30,000 constructive coronavirus exams.
  • Could 22: Indiana advances to Stage Three of the Again on Monitor reopening plan. Indianapolis closes parts of 5 streets to permit eating places to reopen with out of doors eating solely.
  • Could 23: Indiana’s demise toll rises above 1,900.
  • Could 27: The U.S. demise toll rises above 100,000. Indiana College says the autumn semester may have in-person and on-line programs, plus an adjusted calendar by Could 2021. Ball State College says the autumn semester can be 13 straight weeks of in-person lessons with no time without work on Labor Day and no fall break.
  • Could 28: Indiana’s demise toll rises above 2,000.
  • Could 29: Locations of worship in Marion County can start holding indoor companies at 50% capability with correct social distancing. Jim Schellinger, Indiana secretary of commerce, stated the federal Paycheck Safety Program has made 73,430 loans in Indiana totaling $9,379,164,461, the federal Financial Harm Catastrophe Mortgage program has made 5,070 loans in Indiana totaling $445,428,500, and the federal Financial Harm Catastrophe Loans Advance program has made 38,365 grants in Indiana totaling $136,554,000.
  • June 1: Marion County eating places begins serving clients indoors and open air with 50% capability. Marion County salons, tattoo parlors reopen by appointment solely. Marion County gyms, health facilities and swimming pools reopen with 50% capability and no contact sports activities. Nonetheless, a Marion County curfew that started the evening of Could 31 and continued into the morning of June Three after rioting impacted the reopening of some companies.
  • June 2: Indiana’s demise toll rises above 2,100.
  • June 3: Section 2 of statewide testing of random Hoosiers by the Indiana College Richard M. Fairbanks College of Public Well being at IUPUI and the Indiana State Division of Well being begins.
  • June 5: Indiana studies Could tax revenues have been 20% in need of projections made earlier than the coronavirus closings began.
  • June 8: Indiana’s demise toll rises above 2,200. Indianapolis leaders conform to spend $79 million in coronavirus aid funding on contact tracing, hire aid, private protecting tools and assist for small companies.
  • June 12: Indiana, excluding Marion County, advances to Stage Four of reopening plan.
  • June 14: Indiana’s demise toll rises above 2,300.
  • June 15: Casinos and parimutuel racing reopen within the state. Marion County’s public libraries start a phased reopening.
  • June 19: Marion County advances to Stage Four of state’s reopening plan.
  • June 20: Indiana’s demise toll rises to 2,400.
  • June 24: The governor says the state’s moratorium on the eviction on renters can be prolonged by July. Indiana pronounces it should create a rental help program July 13. Indiana Pacers guard Malcolm Brogdon says he has examined constructive for COVID-19.
  • June 27: Indiana hospitalizations for COVID-19 start to extend, with about 33 new sufferers a day by July 1.
  • July 1: Indiana’s demise toll rises above 2,500. The governor pauses Stage 5 last reopening plan, pronounces Stage 4.5 from July 4-17.
  • July 4: Indiana’s Stage 4.5 reopening plan begins.
  • July 9: Indiana data greater than 50,000 constructive coronavirus exams. Marion County mandates mask-wearing.
  • July 10: Indianapolis Public Faculties pronounces its reopening plans.
  • July 11: Indy Eleven resumes 2020 season with victory at Lucas Oil Stadium. The Youngsters’s Museum of Indianapolis reopens.
  • July 12: Indiana’s demise toll rises above 2,600.
  • July 13: Indiana begins rental help program for all counties however Marion County. Marion County begins its personal rental help program.
  • July 15: Indiana pronounces the Stage 4.5 reopening plan will proceed one other two weeks. The WNBA season will start.
  • July 16: Indianapolis suspends functions for its rental help program attributable to overwhelming demand.
  • July 22: Indiana’s demise toll rises above 2,700.
  • July 23: Indiana data greater than 60,000 constructive coronavirus exams. MLB begins delayed season.
  • July 24: Bars, taverns and nightclubs in Indianapolis are shut down once more. Metropolis officers additionally return to different earlier restrictions.
  • July 25: Indiana Fever begins WNBA season after delays.
  • July 27: Indiana governor’s order to put on face coverings begins. Nice Lakes Valley Convention, which together with College of Indianapolis, postpones most fall sports activities, together with soccer, males’s and girls’s soccer, and volleyball, till spring.
  • July 30: NBA season resumes.
  • Aug. 2: Indiana’s demise toll rises above 2,800.
  • Aug. 4: Indianapolis Motor Speedway pronounces the Aug. 23 Indianapolis 500 can be run with out followers.
  • Aug. 5: With greater than 1,000 constructive exams reported in a single day, Indiana jumps to a complete of 70,993 constructive coronavirus exams.
  • Aug. 10: Indiana data greater than 75,000 constructive coronavirus exams.
  • Aug. 11: The Huge Ten pronounces it received’t play soccer this fall.
  • Aug. 12: Indiana’s demise toll rises above 2,900. With greater than 1,000 constructive exams reported in a single day, Indiana data greater than 77,000 constructive coronavirus exams. Delta Center College and Delta Excessive College have been closed by Aug. 24 after 228 college students went into quarantine; college students have been moved to e-learning.
  • Aug. 13: With greater than 1,000 constructive exams reported in a single day, Indiana data greater than 78,000 constructive coronavirus exams.
  • Aug. 14: With greater than 1,000 constructive exams reported in a single day, Indiana data greater than 79,000 constructive coronavirus exams.
  • Aug. 17: Indianapolis Public Faculties restarts with online-only lessons. Information Eight learns the 2021 NBA All-Star Recreation is not going to occur on Presidents Day weekend in 2021.
  • Aug. 20: Indiana’s demise toll rises above 3,000. Purdue College suspends 36 college students after a celebration at a co-op.
  • Aug. 21: Indiana highschool soccer season begins with some groups not taking part in attributable to COVID-19 considerations.
  • Aug. 23: Butler College tells undergraduates that instruction will happen remotely for the primary two weeks of the semester, beginning Aug. 24, as an alternative of in lecture rooms.
  • Aug. 24: Purdue, Indiana, IUPUI and Ball State universities resume in-person lessons.
  • Aug. 25: Stories say a fraternity, a sorority and a cooperative home at Purdue College are beneath quarantines.
  • Aug. 26: Indiana data greater than 90,000 constructive coronavirus exams. Gov. Holcomb extends the masks mandate by Sept. 25. Indiana’s rental help program will take functions for one final day.
  • Aug. 27: Indiana College says eight Greek homes are beneath 14-day quarantines.
  • Aug. 30: Indiana’s demise toll rises above 3,100.
  • Sept. 2: Indiana data greater than 96,000 constructive coronavirus exams. Indiana College tells 30 Greek homes in Bloomington to quarantine.
  • Sept. 6: Indiana data greater than 100,000 constructive coronavirus exams.
  • Sept. 8: Marion County permits bars and nightclubs to reopen with 25% capability indoors and 50% capability open air.
  • Sept. 9: Indiana’s demise toll rises above 3,200.
  • Sept. 12: Indiana data greater than 105,000 constructive coronavirus exams. The Indianapolis Colts open their season with a loss in a Jacksonville stadium with a restricted variety of followers.
  • Sept. 18: Indiana data greater than 110,000 constructive coronavirus exams.
  • Sept. 19: Indiana’s demise toll rises to three,300.
  • Sept. 21: The Indianapolis Colts house opener is restricted to 2,500 followers.
  • Sept. 23: Gov. Eric Holcomb extends the masks mandate by Oct. 17.
  • Sept. 24: Indiana data greater than 115,000 constructive coronavirus exams. The state’s masks mandate is prolonged by Oct. 17.
  • Sept. 25: The Mid-American Convention pronounces it should begin a six-game soccer season Nov. 4, with the championship recreation Dec. 18 or 19.
  • Sept. 26: Indiana advances to a revised Stage 5 of Indiana Again on Monitor plan with relaxed limits on gatherings, eating places, bars, nightclubs and extra. Marion, Monroe and Tippecanoe counties determined to have extra restrictive limits, nevertheless.
  • Sept. 27: Indiana’s demise toll rises to three,400. The Indianapolis Colts second house recreation is restricted to 7,500 followers.
  • Sept. 28: Purdue College says it’s suspended 14 college students, together with 13 student-athletes, for violations of a pledge designed to curb the coronavirus pandemic on campus.
  • Sept. 30: The Indiana State Division of Well being’s on-line coronavirus dashboard started exhibiting knowledge on constructive coronavirus circumstances in Indiana colleges.
  • Oct. 1: IU’s web site reveals two extra fraternities and a sorority on the Bloomington campus have been issued “stop and desist” orders.
  • Oct. 2: Franklin School suspends lessons and strikes to digital schooling and actions by Oct. 9 after a “regarding and strange” improve within the positivity fee for COVID-19.
  • Oct. 3: Indiana data greater than 125,000 constructive coronavirus exams.
  • Oct. 4: Indiana’s demise toll rises above 3,500.
  • Oct. 10: Indiana’s demise toll rises to three,600.
  • Oct. 11: Indiana data greater than 136,000 constructive coronavirus exams.
  • Oct. 12: Franklin School returns to in-person lessons.
  • Oct. 13: Indianapolis-based drugmaker Lilly pauses its trial of a mix antibody therapy for coronavirus for security causes.
  • Oct. 14: Indiana well being commissioner Dr. Kristina Field pronounces she has examined constructive for COVID-19.
  • Oct. 15: Indiana’s demise toll rises above 3,700. Gov. Holcomb points govt order to increase masks mandate and Stage 5 reopening plan.
  • Oct. 16: Indiana data greater than 145,000 constructive coronavirus circumstances.
  • Oct. 18: The Indianapolis Colts third house recreation was restricted to 12,500 followers.
  • Oct. 19: Indiana’s demise toll rises above 3,800. Indiana data greater than 150,000 constructive coronavirus exams.
  • Oct. 21: Indiana data greater than 155,000 constructive coronavirus exams.
  • Oct. 22: Indiana’s demise toll rises to three,900.
  • Oct. 23: The Huge Ten begins its soccer season.
  • Oct. 26: Indiana’s demise toll rises above 4,000.
  • Oct. 29: Indiana’s demise toll rises above 4,100. Indiana data greater than 175,000 constructive coronavirus exams.
  • Oct. 30: Gov. Holcomb extends the general public well being emergency by Dec. 1.
  • Nov. 1: Indiana’s demise toll rises above 4,200. Indiana data greater than 185,000 constructive coronavirus exams. Indiana Nationwide Guard to start deploying to long-term care amenities to offer coronavirus help.
  • Nov. 3: Indiana data greater than 191,000 constructive coronavirus exams.
  • Nov. 4: Indiana’s demise toll rises above 4,300. Indiana data greater than 196,000 constructive coronavirus exams. The Mid-American Convention soccer groups begins its six-game common season.
  • Nov. 5: Indiana data greater than 200,000 constructive coronavirus exams.
  • Nov. 6: Indiana data greater than 205,000 constructive coronavirus exams.
  • Nov. 7: Indiana’s demise toll rises above 4,400. Indiana data greater than 210,000 constructive coronavirus exams.
  • Nov. 8: The Indianapolis Colts fourth house recreation was restricted to 12,500 followers. Indiana data greater than 214,000 constructive coronavirus exams.
  • Nov. 9: Indiana’s demise toll rises above 4,500. Indiana data greater than 219,000 constructive coronavirus exams.
  • Nov. 10: Indiana data greater than 224,000 constructive coronavirus exams.
  • Nov. 11: Indiana’s demise toll rises above 4,600. Indiana data greater than 230,000 constructive coronavirus exams.
  • Nov. 12: Indianapolis requires colleges to go to digital studying by Nov. 30. Indiana data greater than 236,000 constructive coronavirus exams.
  • Nov. 13: Indiana data greater than 244,000 constructive coronavirus exams.
  • Nov. 14: Indiana’s demise toll rises above 4,700. Indiana data greater than 251,000 constructive coronavirus exams.
  • Nov. 15: Indiana data greater than 256,000 constructive coronavirus exams. Indiana provides coronavirus-control restrictions for all companies and gatherings in counties with the very best variety of new circumstances as a part of an replace to the statewide COVID-19 pandemic response.
  • Nov. 16: Indiana’s demise toll rises above 4,800. Indiana data greater than 262,000 constructive coronavirus exams. Indianapolis limits capability inside bars, personal golf equipment, fraternal organizations and gymnasiums to 25%; inside eating places, libraries, funeral houses, swimming swimming pools and procuring malls’ meals courts to 50%; and inside non secular companies to 75%. Marion County Well being Division requires preregistration for COVID-19 testing after elevated demand at three drive-thru areas.
  • Nov. 17: Indiana data greater than 268,000 constructive coronavirus exams.
  • Nov. 18: Indiana’s demise toll rises above 4,900. Indiana data greater than 275,000 constructive coronavirus exams.
  • Nov. 19: Indiana data greater than 282,000 constructive coronavirus exams.
  • Nov. 23: Indianapolis Public Faculties to return to digital studying by Jan. 18. Lawrence Township Faculties additionally will return to digital instruction.
  • Nov. 25: The NCAA males’s and girls’s basketball seasons will start the day earlier than Thanksgiving with no followers within the stands.
  • Dec. 12: Indiana’s masks mandate is ready to run out.
  • Dec. 22: NBA to begin league’s 75th season, delayed and shortened to a 72-game schedule due to the coronavirus pandemic.

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