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June 25, 2007

Ratner to sign Carter

Reportedly, Nets owner and Atlantic Yards developer Bruce Ratner is set to re-sign star shooting guard Vince Carter to a contract extension.

These developments are in the wake of news that Ratner might receive a windfall tax exemption by way of a special clause in the 421-a reform bill, which would also raise rates on low-income tenants. [Read: Ratner has to make his money somewhere because subsidizing a money-losing basketball franchise can make a businessman grumpy.]

Here are some of the Carter headlines:
NY Daily News, Signs point to Carter staying
The Bergen Record, Carter, Nets near new deal
Hartford Courant, Nets, Carter Close To New Contract

Posted by lumi at June 25, 2007 9:40 AM