Investor Confidence And FinancingUncertainty from looming labor negotiations may dampen investor appetite and complicate financing or asset transactions related to franchise expansion and property projects.
Labor And CBA RiskPerceived high lockout probability after the 2026 season due to collective bargaining expiration and player union resistance to revenue sharing raises the prospect of league-wide operational interruptions.
Revenue Disruption RiskPotential work stoppages tied to labor disputes could materially reduce ticketing, broadcasting, and sponsorship revenues for the franchise.