Barclays Center/Fear Prokhorov Thread

[NetsForce]

You're Seven Star?!!! Damn dude, you really must have a problem and some deep ass pockets.
I was just at Caesars last night.

He's obviously a drug dealer.

[Rich Rane]

You're Seven Star?!!! Damn dude, you really must have a problem and some deep ass pockets.

It's not like I'm losing haha. I ended up with a good $800 last time I went. Routine is five on black on roulette (win or lose I only play one bet), fifty on slots until I'm finished, up five hundred, or not going anywhere after around twenty minutes, and then usually two-hundred on Blackjack, where I'm done with the two hundred, up a thousand, or have to go somewhere. Then when I sleep, my friends continue on the slots with my card and the total rewards just rack up.[/quote]

I was just at Caesars last night.

I enjoy Caesars. When I'm with two or three friends, I'm usually at Bally's and Showboat and once in a while Wild West to look at the nice waterfall. If it's a party, I'm usually at the Borgata. Not a huge fan of Tropicana. Waiting patiently on MGM Grand and Pinnacle.

He's obviously a drug dealer.

NetsForce, please...we use the term "public herbal distribution agent" in my line of business.

[vincecarter4pres]

I heard Pinnacle fell through and is dead as of right now.

[Rich Rane]

Both Pinnacle and MGM Grand have been delayed due to the recession. Oh and the opening of Xanadu is also delayed a year. I'm not sure is it's the recession also.

[Pugsley_2491]

http://www.nj.com/nets/index.ssf/2009/0 ... ern_c.html

Stern was confident the Nets' Brooklyn relocation project, the future of which has been in doubt, would break ground this summer. "Yes, they will, I'm told," he said. "I'm sure."

[NetsForce]

I hope so...

[Trueblood]

I tend to agree with the first person, newarkhawk, to comment on the nj.com board. It seems to me that the standard thing to say is "it will be built". But this is nothing more than a form of leverage until the team is actually sold. At that point, it will be "the Rock is a world class arena and the Nets look forward to a bright future in such a first class facility".

[Trueblood]

LOL, this guy won't be too happy if Barclay's Center, aka "the nets stadium", gets built.

http://www.youtube.com/watch?v=mGE183_NARk

[NetsForce]

LOL, this guy won't be too happy if Barclays aka "the nets stadium", gets built.

http://www.youtube.com/watch?v=mGE183_NARk

Wow... What a... Loser...

All I know is that it's Brooklyn or bust, the Rock isn't bad but you're never going to develop a hardcore fanbase in New Jersey

[Preludepunk27]

The more I'm reading the more I am 100% positive the Nets won't play in Newark as long as Ratner is the owner. I think, besides the whole complex he wants to build, I think the main selling point here is that the Nets would OWN the stadium. Unless the team is incredibly marketable, most teams that do not own the stadium they play in lose money. Owning the stadium, yes has more cost, but also opens up so many more revenue streams. From conventions to concerts, hell name something you may go to an arena to see, it just puts more money into the organization to minimize potential losses. Now, I don't have any concrete facts to back this up, but Stern did report last year more than half the teams in the league were losing money. You can make so much when you're really a team without national appeal and a small fanbase.

I'm not saying the Nets won't move to Newark, I'm just saying as long as Ratner is the owner, we're not moving to Newark period.

[Trueblood]

The more I'm reading the more I am 100% positive the Nets won't play in Newark as long as Ratner is the owner. I think, besides the whole complex he wants to build, I think the main selling point here is that the Nets would OWN the stadium. Unless the team is incredibly marketable, most teams that do not own the stadium they play in lose money. Owning the stadium, yes has more cost, but also opens up so many more revenue streams. From conventions to concerts, hell name something you may go to an arena to see, it just puts more money into the organization to minimize potential losses. Now, I don't have any concrete facts to back this up, but Stern did report last year more than half the teams in the league were losing money. You can make so much when you're really a team without national appeal and a small fanbase.

I'm not saying the Nets won't move to Newark, I'm just saying as long as Ratner is the owner, we're not moving to Newark period.

Absolutely. Ratner wil own the team as long as the Brooklyn project isn't completely dead. In the meantime, he's going to leverage the Newark people as much as possible so that in the event that he does wind up selling the team, he will get the best possible offer.

He will never move to Newark but he will sell the team to the ownership group of the Devils, who I believe also own the building or receive revenue similar to someone that owns an arena, in the event that he can't get funding for the Brooklyn project.

[Preludepunk27]

Yeah the Devils ownership group own the Prudential center right? If that's the case, it's a no brainer for that group to push hard for the Nets too. The more the venue is being used, the more $$$ in their pocket.

[BigWil17]

Well the move to Brooklyn is as good as completed.

http://www.netsdaily.com/?p=7956

[Trueblood]

Counterpoint article.

http://www.northjersey.com/sports/nets/ ... _nets.html

Seems to think that despite the legal victory for Ratner, the credit crunch will still stop Barclays Center from being built and that a sale is "imminent".

On the down side, he thinks that investors from Seattle and Kansas City are going to step it up and try to get the team.

[skflives]

The latest news is very good. I am happy that the Nets will finally be playing in Brooklyn.

[Preludepunk27]

I'm honestly pumped for this. I think the stadium plans (even though they've been revised like 30 times) are pretty cool. The whole complex is gonna be pretty solid. We'll see a few years down the road if it will be profitable.

[Preludepunk27]

http://www.northjersey.com/sports/nets/booker_brooklyn_nets.html

Booker: Sale of Nets is imminent
Friday, May 15, 2009
Last updated: Friday May 15, 2009, 4:19 PM
BY JOHN BRENNAN

Newark Mayor Cory Booker predicts that a sale of the Nets is imminent — but he worries that investors in Kansas City and Seattle may prove fierce competition to his goal of seeing the Nets move to the Prudential Center.

Speaking on Newark radio station WBGO-FM last night, Booker took a call from “Bob,” a former Teaneck resident who inquired about the likelihood of the Nets moving to Brooklyn. The Nets have insisted, in the face of widespread criticism based on the shaky lending environment, that they will break ground on a Brooklyn arena this summer and move into it in the fall of 2011.

Booker — saying he was “going to go way out on a limb here and let you know maybe more than I should” — replied that he is “confident now more than ever that the deal in Brooklyn is just not going anywhere. I think there’s going to be a comeuppance very soon where the team is going to go up for sale. That’s my prediction. I really do believe it.

“I’ve watched the deal very closely. I know people involved in the deal, and it does not look like it’s going anywhere in Brooklyn.”

But in a statement following a favorable legal ruling today, Nets principal owner Bruce Ratner said, “One thing has never changed — our commitment to bringing the Nets to Brooklyn.” Ratner added that he was confident “the project will break ground this year.”

A sale wouldn’t guarantee that the Nets continue to play in the metropolitan area, Booker conceded.

“This is my fear — that there are going to be people competing from Kansas City to Seattle, and Newark is going to have to get in that game. There’s a lot of very good investors who are already stepping up that want to look to purchase the team should it be put up for sale.”

Booker said the arrival of the Nets in Newark would be “a significant game change” in terms of attracting further investment in downtown. He appeared on the call-in show “Newark Today” along with Joseph DiVincenzo, the Essex County executive.

DiVincenzo reiterated his demand that Governor Corzine direct the New Jersey Sports and Exposition Authority to close the Izod Center.

“There’s no question that Izod should close,” DiVincenzo said, claiming that the Meadowlands arena is a net annual money loser for state taxpayers. Sports authority officials dispute that accounting.

The Nets, who will play the next two seasons at the Izod Center, also have a lease option to remain there for the 2011-12 and 2012-13 seasons if the Brooklyn project is further delayed. A Nets spokesman did not respond immediately to a request for comment today.

Opponents of the Brooklyn Atlantic Yards project — which includes the Nets’ proposed arena as a cornerstone — suffered a legal setback in the ruling today that Ratner cited. A four-judge Appellate Court panel unanimously denied the opponents’ petition to prevent New York state from using eminent domain if necessary to acquire the remaining land parcels at the 22-acre project site.

The court rejected claims that a seizing of their property would be illegal because the site would not be available for use by all members of the public. The potential profits to be achieved by the developer, Forest City Ratner Cos., the court said, do not override the public benefits of the project that have been touted by state officials.

“The court’s logic is faulty,” said Matthew Brinckerhoff, the plaintiffs’ attorney.

He added that the case would be sent to the state’s highest court, the New York Court of Appeals.

“The private benefit to [developer Bruce] Ratner was never compared with the alleged public benefit, because no one knew or cared to ask Ratner whether he would make billions, tens of billions, or hundreds of billions. There is ample evidence that the public benefits are minor compared to the enormous benefits to Ratner.”

Candace Carpenter, attorney for the Develop Don’t Destroy Brooklyn activist group, agreed with Booker about the prospects of the Nets moving to that borough.

“Forest City Ratner may claim, like the boy who cried wolf, that they will break ground soon,” Carpenter said. “But they won’t — they are unable to do so.”

E-mail: brennan@northjersey.com

[BigWil17]

I didn't read that I must admit (not yet anyway). But I see that it was based off of what the Newark Mayor and other opponents of the brooklyn move say. Booker wants the Nets in Newark, so he's going to try to scare people into thinking that New Jersey better come up with some money to keep them here. Or else they'll end up in another time zone.

[Preludepunk27]

Yeah I honestly think Booker is blowing smoke right now.

[Puertorique]

I have been to basketball games at many different arenas. I have to say the Nets have the worst stadium in basketball that I have been to. The Dodgers have the worst stadium in baseball that I have been to.