Grassroots Approach Spurred United's MLS Expansion Packers To Don New Throwback In '15 Franchise Notes Goodell Working With Titans On Ownership Structure A's Launch Latest TV Ad Campaign Dynamo, D-League Vipers Partnering On USL Team Dodgers Spend Big On Cuban OF Olivera Titans President Insists Team Isn't For Sale Bears' McCaskey Met With McDonald Before Signing Benson Addresses Family Lawsuit
Upcoming Conferences and Events
THE NEWARK NETS? EXEC REPORTEDLY MAKES OFFER FOR TEAM
Published January 9, 1998
Newark business exec-philanthropist Raymond Chambers "has offered to buy the Nets and construct a privately financed arena for the team" in the city's downtown, according to a source close to the talks cited by Gus Sterling of the Newark STAR-LEDGER. The Nets ownership consortium "has spoken with" Chambers "but given no indication it is willing to sell the team." As Chambers' interest "has intensified," a Newark-based business group "has begun studying the feasibility of building an arena in the city." Nets President Michael Rowe "confirmed" the team had been approached by a Newark group, but would not say if Chambers was involved in the discussions (STAR-LEDGER, 1/9).