New Team in Newark? Doubtful
by Net Income on Jan 27, 2012 11:57 AM EST
in Brooklyn
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PrintThe latest word on the possibility of a new NBA team in Newark comes from Stefan Bondy who writes that Newark Cory Booker and Shaquille O'Neal "have spoken several times about the subject and are in the process of arranging a meeting with the league". We've heard about Shaq's interest for years, but he's never committed a dime.
However, one "obstacle" cited by Bondy isn't actually an impediment at all. He writes that the Nets "don’t want a team just 13 miles away from the Barclays Center so soon after their own transition". They almost certainly don't but they are powerless to do anything about it.
As was reported early in 2010 when the Nets broke their lease at the IZOD Center, the Nets made a "major concession" to the State of New Jersey. They agreed to amend their territorial rights and not stand in the way of another NBA club coming to New Jersey. The Knicks, on the other hand, did not waive any rights. As Mike Ozanian of Forbes wrote last July, "any NBA team coming to Newark would have to pay a rich fee to the New York Knicks for invading their market. Experts say the fee could be at least $100 million."
- Nets and Deron Williams ready to move home from Prudential Center to Barclays Center - Stefan Bondy - New York Daily News
- Shaq, Newark Mayor Looking To Replace Nets In New Jersey - Tom Ziller - SB Nation
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It's all hot air until somebody with fat checkbook comes along.
Shaq loves to hear himself talk – and he loves for others to hear him talk.
Booker is a politician.
Official Member of DO NOT TRADE MARSHON Society!
To be successful, apparently Avery's Defense System requires it to be manned by NBA All-Defensive Team.
i had a good DM conversation with CBooker
I told him Newark needs more than a baskebtball team. Jobs, schools, safe streets, affordable housing. Most families can’t afford to go to a Nets game
I am pretty sure the NBA can get a team in the Prudential Center.
Nets could have their D League team play there.
THE NBA
Where YOU DONT KNOW WHAT Happens
It is economically unviable
the city hasnt gotten a penny from Vanderbeek for the arena despite promises that it would it’s STILL in arbitration and Vanderbeek has been reported on the edge of bankruptcy. He is cash poor.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
I was actually
Joking. NI
Shaq is too late on these attempts. If he was so worried he should have formed a group to buy the Nets years ago.
I work three subway stops away from where the Barclay Center will be. So I am Hyped for the Brooklyn Nets.
THE NBA
Where YOU DONT KNOW WHAT Happens
i was agreeing with you
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
Wait a minute
the city of Newark has generated tons of money since the arena has opened. Just because Vanderbeek hasn’t DIRECTLY given any does not make it economically unviable. Check the facts released by the financial breakdown for both Newark and Essex County. They have made off pretty well in terms of revenue since the opening.
by yanksdevsjetsnets on Jan 27, 2012 4:26 PM EST up reply actions
Cory Booker is admirable for trying to talk up his city but New Jersey teams DO NOT SELL. There is enough proof out there to believe this is true and a basic principal. Unless you can get Lebron James to play in Newark or the Meadowlands, people are not going to care enough to come.
Knicks fans continue to go to Knicks games even when the team doesn’t do well, why? Because the arena is in the middle of the city. It makes it easy to support your team. You work in the city, you get out of work, you buy tickets online to the Knicks game, you take the subway for 5 bucks.
Brooklyn changes everything.
i said it before and I'll say it again
no one wants to see a losing team every game
No one wanted to see the Nets in 2001-02 or 2002-03 when they went to back-to-back Finals.
Jersey teams do not sell.
every playoff game sold out or was very close to
Because the arena is in the middle of the city. It makes it easy to support your team
my point, the Meadowlands isn’t the type of place people want to go to every night believe it or not. Newark never saw a winning team.
26th in regular season attendance in 2001-02; 23rd in 2002-03
close to sold out for a playoff game? That’s an endorsement?
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
we all already know youre a shill for the new arena
nets in newark never got a chance real chance
after the colossal failure that brooklyn will be they will long for the days of the terrible new jersey fans
by mightymosdefinition on Jan 27, 2012 1:52 PM EST up reply actions
You're not going to win this one, you're just wrong.
It’s been proven for years upon years.
Could Newark be better?
Sure, but we’re still talking a team that would struggle with attendance and revenue even if they were a perennial playoff team with a superstar, this has been flat out proven and now they would have to compete with 2 teams with at least 2 superstars on each of those teams to a casual fans eyes.
by vincecarter4pres on Jan 27, 2012 2:34 PM EST up reply actions
LOL, I didn't even catch that line.
What is with some people on here?
by vincecarter4pres on Jan 27, 2012 3:06 PM EST up reply actions
Nets will play in an arena they OWN
for the first time in their history, they will not be a tenant to Nassau County, Rutgers, the New Jersey Sports and Exhibition Agency or the Newark Housing Authority and New Jersey Devils.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
01-02 caught everyone by surprise
The team was a doormat for years. Not to mention they were on a premium cable network for years prior to those seasons. They never had a good, accessible teams for a prolonged period of time.
People always speak as if fan bases can be built overnight. Perhaps in a smaller market where you’re the only professional sports team that’s possible. When you’re a relatively young franchise competing with 3 football teams, 3 baseball teams, 4 hockey teams & 2 basketball teams within a 90 mile radius you need to differentiate yourself & sustain success. Nets management was never able to do that.
ridiculous excuse
the next year, after a run to the finals, they jumped from 26th to 23rd. There was no surprise.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
This was a small market team
and the market was Bergen and Passaic Counties.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
If the team wasn't moving to Newark
Neither Deron nor Dwight would want to be here long term.
Section 18, Row 7 at The Rock!
"Your 2010-2011 New Jersey Nets - It Is What It Is"
How are the Devils doing?
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
lol
Comparing hockey to basketball is completely absurd. Basketball is a much more popular sport in the US and everyone knows that. And once again, they made a profit both years that they were in the playoffs. Chambers is the issue here because he wants out and JVB is now stuck dealing with that problem.
by yanksdevsjetsnets on Jan 27, 2012 4:30 PM EST up reply actions
How dare the Knicks claim we invade their Market
Its not their “market”
It’s “YORMARKET!”
by Jron on Jan 27, 2012 12:39 PM EST via mobile reply actions
How dare the Knicks claim we invade their Market
Its not their “market”
It’s “YORMARKET!”
by Jron on Jan 27, 2012 12:39 PM EST via mobile reply actions
Shaq is full of baloney
Key phrase from the article is “We’ve heard about Shaq’s interest for years, but he’s never committed a dime.” That tell you alot obout his intentions. Blah blah blah… Basically what he’s doing right now on TNT.
If this was to actually happen would any NJ residents who are nets fan now root for a Newark team?
I know i wouldn’t. It’s all about Brooklyn now!
C'mon
You can’t root for both teams in the same market, especially when they are rivals. You have to make a choice.
by Belarus4life on Jan 27, 2012 1:08 PM EST up reply actions
no need to make a choice
and in a few years, expect stories about the Devils moving.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
if devils move
that would be a shame for a struggling city which invested so much money into it. Looks like Rock has a lot of open days once hockey & basketball season is over. Gotta be hard to book events/acts for this arena with competition from izod, msg & coming soon, Barclays.
Springsteen’s upcoming tour has 2 dates at MSG, 2 at Izod and only 1 at the Rock. It is his first time at the Rock, so maybe he’ll add more later if he likes it. But i wonder if the 2:1 ratio is telling as to where performers want to play.
It was a terribly short sighted move with bad research in the general economics and the investors background.
Turning of a blind eye more so.
I think it’s a really nice arena but it didn’t make sense.
If anything I thought an arena should have been put in Jersey City.
by vincecarter4pres on Jan 27, 2012 2:37 PM EST up reply actions
Agreed
They overestimated the allure of mass transit hoping to pull in NY fans. That wasn’t going to happen. Most NJ residents drive everywhere, and I honestly believe the Izod Center was easier to get in and out of than Prudential is.
While it’s much more residential, I think they may have had more success putting something further south, perhaps around the New Brunswick area where a 45 minute driving radius encompasses most of NJ. Of course that would have required the Nets to accept being a NJ team rather than a regional/global team. Placing the team in the Meadowlands & then in Newark battled the Knicks for fans & neglected trying to attract people from south of 287.
it was corrupt
the city of Newark got a quarter billion dollar windfall from the Port Authority, almost all of which was put not into schools or housing, but the arena.
Near simultaneously, the Mayor gave his girlfriend preferential treatment so she could buy lots near the arena for next to nothing and then sell them. That’s why he went to jail.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
always thought that was a good move
maybe they could put something else there, like, say, the new training facility.
just saying.
"It's as sweet as it ever was, I'll tell you. Now, hopefully, we started something and we can win some more championships, but we're going to enjoy this one right now. Have a little champagne." --Julius Erving, May 12, 1976, ABA champion Nets locker room.
Dead wrong
They aren’t moving. If any team is moving out of the area in terms of the hockey it will be the Islanders. No arena, losing 20 million each year for the past 5 plus seasons, and no plan in sight for a new arena. And bettman will not let two franchise’s be moved out of the country’s biggest market I mean let’s be fair here, he still hasn’t allowed the PHOENIX coyotes to move because he “believes in that market” for hockey…and they play in a DESERT.
by yanksdevsjetsnets on Jan 27, 2012 4:35 PM EST up reply actions
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