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April 13, 2009
In the End, the Nets’ Minimal Expectations Were Proved Accurate
The NY Times
By Jonathan Abrams
The NJ Nets missed the playoffs for the second year in a row under the stewardship of owner Bruce Ratner, whose only reason for owning the team is to move it to a new arena in Brooklyn as the centerpiece of his Atlantic Yards plan:
The Nets (33-47) exhaust their home schedule against the Charlotte Bobcats on Monday night, and the season Wednesday against the Knicks. They will miss the playoffs for a second consecutive season, leaving [coach Lawrence] Frank’s future with the team in question. The number of losses is their most since 2000-1, when they finished with 56.
...
The Nets were one of four teams in the conference that did not win a majority of their home games. Attendance dipped at Izod Center. The organization still seems confident of a proposed move to Brooklyn, although the Atlantic Yards project has been continually stalled by legal and financial obstacles. The Sports Business Journal recently reported that the Nets lost $27.8 million last year and were in danger of losing sponsors for the planned arena.
Posted by lumi at April 13, 2009 5:48 AM