Much of the discussion of the NBA lockout stresses the fact that the players will start missing paychecks soon. But they aren't the only ones.
The venues that host NBA teams are unlikely to find replacement events when games start getting cancelled due to the lockout. Booking big-name talent - the types of entertainers and events that can fill a venue like the Staples Center or Madison Square Garden - requires far too much lead time.? And as Bloomberg reports, cancelling the entire season would mean 41 "dark" days per team, and a potential loss of $1 billion in ticket revenue alone. That's before factoring in issues like parking, concessions, and the like.
The Staples Center - the only arena that is home to two different NBA teams - would take the greatest hit.
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