Devils Slip To 27th In Attendance Bills Raise Season-Ticket Prices Indians See Slight Increase In Season-Tickets NBA Franchise Notes Franchise Notes Could Bills' Toronto Series Be Shelved For Good? Jags Unveil '14 Season-Ticket Campaign Knicks Fans Planning Rally Against Dolan MLS Red Bulls Struggle To Crack N.Y. Media MLS Franchise Notes
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).