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Arena Expected to Earn $20 Million Profit by 2012-13

An internal analysis of Bruce Ratner's Atlantic Yards obtained by the New York Times projects the Nets' new arena will earn a profit of $20 million by its fourth season of operation in 2012-13. The arena profit is buried in the analysis, released to a local official after he sued under the Freedom of Information Act. The arena ownership, while separate from the team, includes many of the same investors. The analysis projects a 7.7% annual profit for arena investors.