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December 15, 2008
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Sports Industrialists

Yormark Stays With Nets; Kantarian Candidate For Dolphins Post

Kantarian Nearing Deal To
Join Dolphins Front Office
Nets Sports & Entertainment President & CEO BRETT YORMARK has agreed to terms on a new contract with the Nets and is "close to signing a lengthy eight-year deal," refuting a rumor that he was taking a similar position with the Dolphins, according to sources cited by Terry Lefton in this week’s SPORTSBUSINESS JOURNAL. The deal "comes as the Nets' planned move to Brooklyn from New Jersey is mired in legal delays." One NBA source said, "There are some doubts out there about the team's future in Brooklyn, but obviously this shows a long-term commitment there." Meanwhile, NFL sources said that the Dolphins instead have tapped outgoing USTA Chief Exec of Professional Tennis ARLEN KANTARIAN as the "leading candidate to take a top executive slot" with the team. The sources said that Kantarian, who will leave the USTA at the end of the month, has "discussed terms with Dolphins management of an offer that includes equity as part of the compensation package." Sources close to Kantarian said that while the Dolphins deal is "close, he has not accepted the position and is still considering job openings with other sports properties as well as some entrepreneurial opportunities." One NFL source: "I wouldn't say he's on the one-yard line, but he's in the red zone” (SPORTSBUSINESS JOURNAL, 12/15 issue).

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