The fact that the NBA has started cancelling games (due to ongoing negotiations between its players and owners) is apparently costing cities and taxpayers millions of dollars as well, according to THIS 3 minute segment from the CBS Evening News last night.
The root of the problem is the public financing of new arenas, and the revenue lost when NBA games are cancelled. Memphis, which apparently spent $200 million on a new arena for its NBA franchise, is considering a lawsuit against the NBA.
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