Updated: August 25, 2011, 11:51 am ET

NBA arena owners could lose $1B if no season

By HOOPSWORLD
Basketball News & NBA Rumors

NBA arena operators may lose as much as $1 billion in ticket revenue if the current lockout wipes out the entire 2011-12 season.

Teams generated $1.1 billion in ticket revenues last season, and that number will likely increase in 2011-12.

Arena owners have procured 41 dates for regular season games – as well as both preseason and postseason contests.

“Most all the dates would go unfilled,” former Portland Trail Blazers president Steve Patterson told Bloomberg in an e-mail.

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