As delays continue in the Nets' planned move to an arena in downtown Brooklyn, the team has incurred large financial losses.
Nets Sports and Entertainment had a pre-tax loss of $77.8 million in the fiscal year ending January 31, which brings the three-year total to $228.2 million in losses.
Via New York Times
New Jersey Nets
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Nets principal owner Bruce Ratner has dismissed comments from renowned architect Frank Gehry, and claims that the Atlantic Yards project in Brooklyn will get built.
"I don't think it's going to happen," Gehry, 80, said in an interview with The Architect's Newspaper.
"Frank Gehry is a friend, a great architect and someone I have huge respect for," Ratner said in a statement. "It is understandable how he and others have concerns about this project happening in the worst economic environment since the Great Depression.
"But that said, we've prevailed in 22 judicial decisions and are ready to proceed even at a time when other projects and industries have faltered," he added. "Atlantic Yards will get built, and there has never been a time when this project was more important to the people of the state and City of New York and the Borough of Brooklyn."
Via North Jersey
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Chris Douglas-Roberts has seen limited playing time in his rookie season with the Nets.
"You have to be mentally strong, but I'm not the first rookie to go through this," he said. "There've been plenty of rookies who had to pay their dues and later in their career, they became stars. So I just look at it like that. I'm always positive. I stay positive."
Via Star-Ledger
New Jersey Nets
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Nets Mar 2009 Archive
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Star-Ledger | Mar 19, 2009
With Devin Harris injured, the Nets are looking for help at the point guard position.
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North Jersey | Mar 18, 2009
There is reportedly a conduct clause in the contract of Nets forward Sean Williams, which he may have violated with his recent arrest.
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Press Release | Mar 18, 2009
The New Jersey Nets have suspended center Sean Williams for two games due to conduct detrimental to the team, Nets President Rod Thorn announced today.
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Press Release | Mar 17, 2009
An MRI performed this afternoon on Nets' guard Devin Harris confirmed the original diagnosis of a sprained left shoulder, as well as revealing a strained deltoid muscle.
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Press Release | Mar 16, 2009
New Jersey forward Sean Williams was arrested on Monday afternoon on suspicion of disorderly conduct and felony criminal mischief after an altercation at a cell phone store in a mall in suburban Lone Tree.
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Star-Ledger | Mar 16, 2009
New Jersey point guard Devin Harris says that he sprained the AC joint in his left shoulder on Sunday night against the Clippers.
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YES Network | Mar 15, 2009
New Jersey point guard Devin Harris suffered a scary fall after being fouled by Marcus Camby of the Clippers on Sunday night on a drive to the basket.
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HoopsWorld | Mar 15, 2009
The Nets think of second-year forward Yi Jianlian as a rookie because of his age and the relatively little basketball experience he has under his belt.
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Press Release | Mar 13, 2009
New Jersey Nets forward Eduardo Najera underwent successful surgery today to repair a sports hernia.
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New York Post | Mar 12, 2009
The Nets have no interest in giving Marcus Williams a second tour of duty with the club.
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Star-Ledger | Mar 12, 2009
Sean Williams is planning on spending his summer with the usual 4-6 weeks in John Lucas' gym in Texas.
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RealGM Staff Report | Mar 9, 2009
There were seven games on Sunday's schedule, but only one was decided by more than ten points. The lone blowout? Oklahoma City's emphatic win over Philadelphia.
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Bergen Record | Mar 6, 2009
The Nets and Bucks discussed a swap ahead of the deadline that would have sent Luke Ridnour and Joe Alexander to New Jersey for Stromile Swift and Maurice Ager.
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ESPN | Mar 5, 2009
A trespassing charge against New Jersey forward Sean Williams has been dropped after Boston College coach Al Skinner intervened.
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North Jersey | Mar 4, 2009
The Nets could have acquired guard Luke Ridnour from the Bucks prior to the Feb. 19 trade deadline, but opted not to for financial reasons.
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New York Post | Mar 2, 2009
Having waived Stromile Swift on Sunday night, the Nets are expected to pursue free agent guard Luther Head.
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Associated Press | Mar 2, 2009
New Jersey cut forward Stromile Swift on Sunday night.
