Post by Sweet Meat aka CC on Jan 23, 2004 12:46:28 GMT -5
NBA Nets Sold to Jay-Z; They're Moving to Brooklyn
The New Jersey Nets have finally been sold. That's good news for some and bad news for others and they're said to be moving to Brooklyn.
The Nets' owners have agreed to sell the team for $300 million to a New York City real estate developer Bruce Ratner, along with a team of investors which include hip-hop businessman Jay-Z. It's a move that could bring Brooklyn its first major sports franchise since the Dodgers moved to LA.
However the building of a massive $2.5 billion complex -- which includes the arena -- involves destroying houses and re-locating several thousand persons. That will definitely be a problem. And, in a sense, it goes against the grain of what Jay-Z seems to be about.
The rapper has always projected an image of being down for the people of his 'hood, Brooklyn and The Marcy Projects in particular. Oh well, we'll see.
I have to agree that the tearin' down of homes wouldn't be worth havin' a basketball team representin' BK. Besides, with the expensive prices of the good seats for the games, who would be able to afford 'em (unless you buy the nosebleed seats)?
Now see...?! 
