Lott Hopeful Of Raiders Stadium Deal In Oakland Cards Get $16M To Begin Ballpark Village Next Phase ISC Plans $178M Phoenix Int'l Raceway Upgrade Raiders' Davis Not Involved In Oakland Talks Nets' Prokhorov Seeks Minority Investor For Team Facility Notes Details Emerge On Oakland Plan For Raiders Concerns Raised About DC United's New Stadium Orlando City SC Submits Plan For Stadium Signage Court Rules With Warriors On Arena Issue
NETS DROP SUIT AGAINST NJSEA; WILL RECEIVE A CUT OF AD MONEY
Published January 18, 1996
The Nets yesterday reportedly dropped a lawsuit against the NJ Sports and Exposition Authority which challenged the name change from Brendan Byrne to Continental Airlines Arena. The deal would reportedly give the Nets a "piece of the" $29M naming rights deal and other ad revenue. A source told AP that some the revenue includes "some that Coca-Cola pays for a sign right outside the arena" (N.Y. POST, 1/18). The deal reportedly brings the Nets' lease closer to the "better terms enjoyed" by the Devils (Bergen RECORD, 1/18).