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NEW YORK POST REPORTS MCMULLEN OFFER FOR NETS

     Devils Owner John McMullen has presented an offer to buy the
Nets for $90M, according to this morning's N.Y. POST.  Should
Nets ownership accept, one plan would be to lure Kentucky coach
Rick Pitino.  Devils President & GM Lou Lamoriello was AD at
Providence when Pitino coached there.  Under one scenario,
Lamoriello would become President of both teams.  But it is also
thought McMullen could move the team to Nashville.  According to
one Devils source, the offer was presented Friday, with another
source saying Nets ownership is "enthusiastic" -- more so than at
any other offer received in 15 years.  Nets Majority Owner David
Gerstein would neither confirm nor deny an offer.  Gerstein, Alan
Aufzein and Jerry Cohen control 66% of the team.  Aufzein and
Cohen are said to be "pro-sale," while Gerstein was "initially
opposed" (Kerber & Brooks, N.Y. POST, 3/21).

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