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June 27, 2009

In Bruce We Don't Trust.

Develop Don't Destroy Brooklyn

Are the Nets for sale? Of course they are!

Just days after Ratner panhandled the MTA and hoodwinked the ESDC, it appears that Ratner (who just traded his most expensive player and biggest star Vince Carter), claiming he is bringing the Nets to Brooklyn, is trying to unload his money hemorrhaging team on minority owner Vince Viola to move it to Brooklyn. But surely Ratner's gotta be hedging other bets and shopping the team to buyers who'd move the team elsewhere should the Atlantic Yards Barclays Center Hangar fall through.

What does it all add up to? What we've been saying all along: Ratner bought the Nets as leverage to control 22 acres in the heart of Brooklyn. But if he can't get the Nets to Brooklyn, then Vince Viola doesn't want 'em. And if he can't get the Nets to Brooklyn, he can't have those 22 acres.

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Posted by steve at June 27, 2009 8:33 AM