Operators of NBA owners could miss more than $1 billion in ticket revenue if the 11-12 season is cancelled.
“Most all the dates would go unfilled,” former Portland Trail Blazers President Steve Patterson wrote in an e-mail.
The NBA’s 30 teams generated more than $1.1 billion in gate receipts during the 2010-11 campaign.
Booking big-name musicians would be 'impossible' to replace for a 41-game home schedule.
Bob Gutkowski, former president at MSG, home of the Knicks and Rangers, said the basketball team generates at least $1 million in ticket revenue per game.
The worst scenario for arena operators is to have their building dark,” said Rob Tilliss, founder of Inner Circle Sports.