It’s Official: Jay-Z To Move The Nets To Brooklyn

Jay-Z already owned the team, now he’s just cutting back his travel time to & from the games.

It was on the cards from the moment Jay signed the papers as a co-purchaser of the Nets, but now the move has been approved. The New Jersey Nets will be the Brooklyn Nets in time for the 2009-2010 season.

was part of a team including real estate developer Bruce Ratner and other partners who acquired the Nets for $300 Million in 2004.

New York’s Public Authorities Control Board voted yesterday to authorise the ‘Atlantic Yards development’, which will reuse a large area near the downtown Brooklyn rail yard. The area will be replaced with the stadium, thousands of apartments and office towers.

“I look forward to seeing [developer] Bruce Ratner and [architect] Frank Gehry’s grand vision turned into reality and to eating a hot dog as I watch the Brooklyn Nets play in Brooklyn’s new arena in the 2009-2010 season,” Governor Pataki told the Daily News.

Written by Steve on December 23, 2006 and posted as News

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3 Comments

  1. How is Jay-Z shortening his commute, when Jay-Z lives in Jersey and has lived here since the start of his career? Dude hasn’t lived in Brooklyn in 10 years and he went to high school in Trenton.

    Comment by Jaleel — December 24, 2006 @ 5:15 am

  2. It was just a joke duke

    Comment by Steve — December 24, 2006 @ 7:44 am

  3. Go Brooklyn!! I am from New Jersey, but, grew up in Brooklyn. I love that the Nets are moving over there.

    Comment by Ivonee — May 19, 2007 @ 2:16 pm

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