Downtown D.C. businesses have collectively lost out on millions of dollars in revenue thanks to the ongoing NBA lockout that’s already shortened the Washington Wizards’ season, although a full cancelation could cost the region more than $100 million in basketball-related spending.

The latest collective bargaining agreement offer by team owners was rejected by the players last week, meaning the earliest the Wizards could tip off in the Verizon Center would be on Dec. 16 against the Miami Heat. Players are expected to announce their decision on a new offer this week.