The NBA indefinitely postpones training camp and 43 preseason games, as the chance for a full-fledged regular season work stoppage (no ticket sales, less merchandising and limited advertising) increases. For firms with some revenue tied to the NBA - including MSG, DIS, CBS, CMCSA, NWSA, NKE, and BUD - is a stoppage already baked into their stock prices?
The NBA doesn't get interesting until the playoffs anyway.
Friday, September 23, 2011
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