clock menu more-arrow no yes mobile

Filed under:

Newark Move Up to Nets

Gov. Chris Christie's transition team says the Nets can take up to Feb. 28 to tell the NJSEA they're moving from The IZOD to The Rock but says the team has to pay the $7.5 million lease penalty. Under a previous plan, the NJSEA would have waived the fee. The Nets must inform the NBA by March 1 if it's moving to Newark. The Nets haven't ruled out paying the penalty. They expect to move to Brooklyn in 2012.