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Join Date: Jun 2006
Location: MI
Posts: 479
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EAST RUTHERFORD, N.J. (AP) -- The New Jersey Nets agreed to extend their lease at the Continental Airlines Arena for five years, but expect to be in a new arena in Brooklyn, N.Y., for the 2009-10 season.
The extension would allow the Nets to continue playing at the Meadowlands arena through the 2012-13 season, Nets chief executive Brett Yourmark said Monday. The team and a representative of the New Jersey Sports & Exposition Authority were not immediately available to discuss how the lease would allow the team to leave the state. Nets owner Bruce Ratner bought the team in 2004 and is trying to get approval for the Brooklyn arena, part of his $4.2 billion Atlantic Yards project. The Nets would be the first major professional sports team in Brooklyn since the Dodgers left in 1957. The project is to be built over and around a rail yard and was designed by architect Frank Gehry. It includes an 18,000-seat arena, apartments, office buildings, stores and a hotel. http://sports.yahoo.com/nba/news;_ylt=Aqog...ov=ap&type=lgns
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