Broncos Move Forward Without Bowlen Shelly Sterling Reps Seek Appeal-Proof Ruling Browns' Training Camp Tix Moving Fast Bears To Roll Out "Bear Down" Campaign NHL Panthers Hope Montoya Draws Cuban Fans MLB Franchise Notes Bowlen Resigning Control Of Broncos Sterling Files Another Suit To Block Sale Bengals Owner Taking Back Seat In Running Team NFL Jets Nix Paper Tix, Introduce Rewards
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).