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» Wednesday, September 28 2011

The 18,997-seat Staples Center is owned and managed by billionaire Philip Anschutz's Anschutz Entertainment Group, and Anschutz owns 30% of the Lakers. NBA owners are prohibited from speaking publicly about the labor dispute while the contract talks continue. AEG spokesman Michael Roth had no comment. During the prolonged 1998-99 labor dispute, the NBA canceled chunks of the season every few weeks until a new contract was reached and a shortened regular season began in February 1999. If the NBA cancels games this fall in dribs and drabs it will create a financial headache for many arenas. Only a limited number of entertainers, such as Lady Gaga, Taylor Swift and U2, can sell out NBA-sized arenas, and those shows are booked months in advance and can't be signed by arenas on short notice. Los Angeles Times

 

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