Facilities Venues

NETS DROP SUIT AGAINST NJSEA; WILL RECEIVE A CUT OF AD MONEY

1.18.1996

     The Nets yesterday reportedly dropped a lawsuit against the
NJ Sports and Exposition Authority which challenged the name
change from Brendan Byrne to Continental Airlines Arena.  The
deal would reportedly give the Nets a "piece of the" $29M naming
rights deal and other ad revenue.  A source told AP that some the
revenue includes "some that Coca-Cola pays for a sign right
outside the arena" (N.Y. POST, 1/18).  The deal reportedly brings
the Nets' lease closer to the "better terms enjoyed" by the
Devils (Bergen RECORD, 1/18).

PREVIOUS MINNESOTA LEADERS TO PUT NEW STADIUM VOTE TO THE PUBLIC NEXT QUESTIONS OVER BREWERS FINANCES COULD DELAY STADIUM

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