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NEW YORK POST REPORTS MCMULLEN OFFER FOR NETS
Published March 21, 1996
Devils Owner John McMullen has presented an offer to buy the Nets for $90M, according to this morning's N.Y. POST. Should Nets ownership accept, one plan would be to lure Kentucky coach Rick Pitino. Devils President & GM Lou Lamoriello was AD at Providence when Pitino coached there. Under one scenario, Lamoriello would become President of both teams. But it is also thought McMullen could move the team to Nashville. According to one Devils source, the offer was presented Friday, with another source saying Nets ownership is "enthusiastic" -- more so than at any other offer received in 15 years. Nets Majority Owner David Gerstein would neither confirm nor deny an offer. Gerstein, Alan Aufzein and Jerry Cohen control 66% of the team. Aufzein and Cohen are said to be "pro-sale," while Gerstein was "initially opposed" (Kerber & Brooks, N.Y. POST, 3/21).