The Christie administration has reiterated its position that the Nets must pay $7.5 million to get out of the IZOD Center, but appears to ready to talk. It's given the Nets until Feb. 28 to inform the NBA of where they'll play in 2010-11. The Nets are also talking to the Devils about how much of the Prudential Center naming rights they'd get if they move to Newark. The rights go up if an NBA team moves in.
- Nets Could Face $7.5 Million Fine if They Move to Newark - Ken Belson - New York Times
- Transition Report (.pdf) - New Jersey Gaming/Sports and Entertainment Transition Commitee
- Meadowlands' mission a top issue facing N.J. Gov. Christie - John Brennan - The Record