Landlords of the JJB Sports stores closed as a result of the administration could lose £37.5m in rent and £5m a year in services.
Landlords of the JJB Sports shops that administrator KPMG has disposed of could also have to fork out £17m in rates, according to research commissioned by The Times and undertaken by Jones Lang LaSalle.
JJB Sports plunged into administration last week with Sports Direct taking on 20 shops, its stock, the Slazenger Golf brand licences as well as its freehold property in Wigan.
Last Monday, 133 JJB Sports stores were closed after the retailer finally hit the buffers.
JJB Sports collapses as Sports Direct acquires 20 shops
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JJB Sports landlords set to lose more than £40m a year
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