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nba-134x300Basketball fans around the globe are feeling foul these days.

The National Basketball Association canceled the first two weeks of the regular season, and by the looks of the divide between the two negotiating parties, more cancellations appear to be a certainty. The NBA’s lockout has already gone on for four months, and the split between the owners and the players now threatens the entire 2011-2012 season.

I don’t presume to be qualified to pass judgment on which side of the bargaining table has the stronger argument. I do know, however, that the biggest bone of contention is the revenue split of so-called basketball-related income, or BRI. The owners want a higher percentage of BRI, and while the players say they are willing to reduce their share of the BRI court, an agreement on percentages still is very far apart.

What I do feel qualified to do is warn investors about the stocks that stand to suffer the most from a protracted NBA lockout, and/or a complete cancellation of the upcoming season.

Here are four stocks to pass on due to the NBA lockout.

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