Monday, December 1, 2014

Barclays Center Can Get Out of Isles Contract After 5 Years?

According to the New York Post, Barclays Center can get out of the Islanders contract after roughly 5 years.  If you recall, the Islanders deal with Barclays Center which begins next season guarantees the team about 50 million in annual revenue for regular season games, according to the Post.  The deal is seen as "...too risky" by AEG who is in early talks to purchase the Barclays Center, the Post also reported.

Last night, it was reported by Newsday that Nassau County was seeking 100 million dollars from the state in order to build a parking garage at the Coliseum site starting next year.  This would be one of the first steps in Bruce Ratners plan to redevelop the property including the arena.

I'm not sure what to make of this.  I have been one who has been on the side that they have no chance in the world of ever coming back here after this season.  However, if this report proves to be true, it sure does add fuel to the conspiracy theorists argument who think they could return some day.

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