October 11, 2011
Will the Nets Failure to Meet their financial committment Help Wang?
Netsdaily.com just reported that the Nets are not meeting their projections for revenue created by the Barclays Center.
"The Nets have already admitted they will not meet promised funding levels, things like suites, sponsorships by time arena opens. Lockout?"
In my mind this news gives Wang more leverage in his dealings with the Barclays Center. Since they and the Nets need added dates to create more revenue to meet their projections. The 41 dates (plus possible playoffs) the Islanders could provide would go a long way in helping the Nets/Barclays Center reach their goal. This means that the ability for Wang to get a favorable lease just got a little bit easier for him if he is interested in Brooklyn.