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SBD/Issue 202/Facilities & Venues
Nets' Brooklyn Move May Occur During 2010-11 Season
Published July 10, 2008
Nets Owner Bruce Ratner yesterday acknowledged that the team's scheduled move to Brooklyn, which in recent months "had been pushed back to the start of the 2010-2011 season, may not occur until that season is already underway," according to Julian Garcia of the N.Y. DAILY NEWS. Ratner, at the press conference to introduce F Yi Jianlian and F Bobby Simmons, said that the "move could occur late in the year." However, Nets VP/PR Barry Baum later "clarified the remarks," saying that the move "may not occur until the 2010 'calendar year' as opposed to before that season" (N.Y. DAILY NEWS, 7/10). Ratner said that groundbreaking on the Barclays Center "is to begin in November." Garcia yesterday wrote, "Teams pack up and move regularly now, but doing it in the middle of a season would create a tough situation for fans in New Jersey, who are already confused about how much to commit to a team that probably won't be around in a couple of years" (NYDAILYNEWS.com, 7/9). In New Jersey, Ian O'Connor writes with Ratner "losing an estimated $40[M] a year in the Meadowlands, and with the purchase of the team setting him back $300[M], the Nets are expected to have cost their owner nearly $600[M] by the time he lands in Brooklyn" (Bergen RECORD, 7/10).







