The National Hockey League's lockout of its players could impact ratings for the Staples Center arena in Los Angeles, according to Fitch Ratings.

Fitch warned in a report it could place the Staples Center, home to the Stanley Cup-champion Los Angeles Kings, on negative watch if the labor contract dispute drags on and the season is canceled.

Currently, the Staples Center's $201 million revenue backed notes are rated BBB-plus with a stable outlook.

Since the lockout began before the 2012-2013 season started, the NHL has canceled 625 games through Jan. 14, according to the Fitch report.

It wouldn't be the first time the league canceled a season after failing to come to terms with the players' union. After an lockout of players, the NHL's 2004-2005 season was officially canceled on Feb. 16, 2005.

Fitch also warned that $46.7 million of revenue backed notes for the Pepsi Center in Denver, home of the Colorado Avalanche, could also land on negative watch. Those notes are rated BBB-minus with a stable outlook.

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