LOS ANGELES — Fitch Ratings could cut bond ratings on the National Basketball Association, Los Angeles’ Staples Center, and Denver’s Pepsi Center if the NBA fails to reach an agreement with players and cancels the season.

Fitch put the NBA’s league-wide revolving facility borrowings, and bonds backed by revenue at the two basketball arenas, on negative watch after the league canceled the remainder of its pre-season games last week, according to Fitch director Chad Lewis.

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