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November 26, 2009

Nets CEO Yormark optimistic about the bond sale, says team will recover from losing streak

Atlantic Yards Report

New Jersey Nets CEO Brett Yormark appeared yesterday on WFAN's Boomer & Carton to talk about the team and Court of Appeals' dismissal of the Atlantic Yards lawsuit.

"It was a big moment for all of us, especially Bruce Ratner," Yormark said, saluting his boss. "He's been fighting so many battles over the last couple of years and, yesterday gave him a chance to feel good about what he's done over the past couple of years."

I guess that's one way of looking at it.

"We feel really good about the financing for the arena," Yormark added. "I think you'll hear some very positive news in the next couple of days from the rating agencies."

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Posted by lumi at November 26, 2009 8:03 AM