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Friday, February 19th, 2010 at 9:00 am  |  11 responses

Nets’ (Temporary) Move to Newark Confirmed

We already knew it was going to happen. Now, it’s official: “After months of speculation over whether the struggling NBA team would leave Izod Center in the Meadowlands for a two-year stay at the new Prudential Center in Newark, a deal was struck today to allow the Nets to break their lease for $4 million and move to Newark, according to officials involved in the negotiations. The early termination fees could be offset in part by advertising, suite revenue and other credits. The agreement came after the New Jersey Sports and Exposition Authority voted in secret to approve the deal at a special meeting this morning. A formal announcement is expected later today by Gov. Chris Christie. The plan will have the Nets and Devils playing together in the state’s largest city. The move is temporary, with the Nets still planning to move to a new arena in Brooklyn by the start of the 2012 basketball season. But the hapless team, with a miserable record and playing to empty seats at the oldest arena in the NBA, saw the Prudential Center, which is operated by the Devils, as a possible new beginning for a club that has been steadily losing fan base. At the same time, two pre-season games at the Pru Center sold well.”

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  • NJ4Life

    It’s about **** time. Get Jersey’s team in a beautiful Jersey arena til the dreaded NY move. I will miss the CAA though. Nostalgia I guess.

  • NJ4Life

    Of course what excites me most about this deal is the fact that the Nets have signed an agreement not to impede another team from coming to NJ after the move. At which point I would have a serious identity crisis not knowing who to root for.

  • http://www.slamonline.com Alan Paul

    Sometimes something is so obvious that it simply has to happen. Let’s hope Atlantic yards falls apart and they just stay.

  • http://slamonline.com Ben Osborne

    Amen to original post and even moreso Alan’s comment.

  • Hangtime Hec

    I have seen a couple nets home games. They don’t call it the swamp for nothing. That place is DEAD. I wasn’t sure if I was at a basketball game or a cemetery.

  • Hangtime Hec

    Oh and with that said, BROOKLYN!!! (Zoo)

  • http://www.another48minutes.com Gerard Himself

    Alan, why don’t you want the Nets in Brooklyn?

  • letsmotor

    i can’t speak for Alan, but i know i don’t want the nets in brooklyn because one terrible team in the city that’s supposed to be the basketball mecca is plenty.

  • http://www.another48minutes.com Gerard Himself

    well letsmotor, knowing that we’re all NBA fans on this website, I’m pretty sure you know that both teams have a pretty good chance of not sucking this much in the near future. So that’s not really a valid reason.

  • letsmotor

    gerard himself, you could be right. actually, the knicks looked pretty good last night (26 from mcgrady in his debut!!)

  • http://www.another48minutes.com Gerard Himself

    the Knicks-Thunder game was amazing. I’m so happy I got League Pass this season, awesome. Durant was killing them softly.

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