HoopsHype New Jersey rumors

November 22, 2014 Updates

A U.S. District Judge ruled in favor of the NCAA and four major professional sports leagues Friday and issued a permanent injunction to prevent New Jersey casinos and racetracks from offering sports betting. Judge Michael Shipp wrote that New Jersey's latest efforts -- the 2014 Sports Wagering Law -- violates the Professional and Amateur Sports Protection Act of 1992. Shipp heard oral arguments from both sides Thursday in Trenton, New Jersey, before releasing his decision just hours before a temporary restraining order that stopped the state's thoroughbred track Monmouth Park from opening its sports book was set to expire. ESPN.com

The state believes sports betting can help revive its struggling casino and horse racing industries. The sports leagues have argued that it will damage fans' perception of the integrity of their games, although NBA commissioner Adam Silver recently said expanded legalized sports betting in the United States is inevitable. New Jersey will file an appeal within days, State Senator Raymond Lesniak told ESPN. "We continue to believe that New Jersey has the right to allow sports betting in the state and we will keep up the fight in court," State Senate President Steve Sweeney said in a statement. "We are going to continuing pursuing every legal option available. The economic impact that sports wagering can have on New Jersey is far too important to simply shrug our shoulders and move on." ESPN.com

November 1, 2014 Updates

Adam Silver: "I do think that sports betting on a widespread legalized basis in the United States is inevitable in part because States like New Jersey are pushing hard to generate additional revenue in the same way that lotteries have expanded to virtually every State now. I think sports betting will follow behind. My view is that if that is inevitable, and it's gonna happening, then we need to participate in the regulatory framework that will be designed around our game. I mean, ultimately we have the responsability for the integrity of the game, to ensure the competition is pure, to ensure that no one in the NBA family -a team, a referee- is in any way influenced by gamblers. We of course do all these things now, but frankly because the industry is not transparent, we can't do as good a job I believe as we could if it were all highly regulated. I mean for example, right now, there's a huge offshore online business in sports betting." YouTube

October 28, 2014 Updates

The NYC Marathon field will have a slightly taller look this year as the National Basketball Association joins in to promote physical activity throughout New York’s five boroughs. The NBA will hold a relay, pairing league celebrities with local youth runners to complete the Nov. 2 race in 24 legs, league Commissioner Adam Silver and Mary Wittenberg, chief executive officer of race organizer New York Road Runners, said yesterday at a pre-race luncheon. Silver, a two-time NYC Marathon finisher, will run the first leg with 14-year-old Staten Island resident Lauren Pitarresi, while Dikembe Mutombo, the 7-foot-2 center who played for both the New York Knicks and then-New Jersey Nets, will run the final leg of the 26.2-mile (42.2-kilometer) race. Bloomberg

October 20, 2014 Updates
June 11, 2014 Updates

The Philadelphia 76ers will build a massive state-of-the-art practice facility and team headquarters on the waterfront in Camden, New Jersey, the team announced Tuesday, just hours after the New Jersey Economic Development Authority unanimously voted to provide the NBA franchise with $82 million in grants to be paid over 10 years. Construction on the 120,000-square-foot training center, the largest in the NBA, is expected to begin in October and be completed in time for the Sixers to begin using the facility in June 2016. It will be located on Delaware Avenue, between Martin Luther King Boulevard and Harbor Boulevard. Delaware News Journal

October 15, 2013 Updates

A year ago on Tuesday, Brett Yormark, chief executive of the Brooklyn Nets NBA basketball team, was watching his team play its first game in its new home after a move from New Jersey to New York. Twelve months on, and the 10-mile move to Brooklyn now looks inspired, with an expensively assembled "super-team" of stars, playing in front of bigger audiences in a new arena. "In every respect the move has been transformational," Mr Yormark tells the BBC News website. "We have moved a few miles but we could have moved to the other side of the country, such is the difference. We got more buy-in from New York people than we expected. "The resources we have at our disposal are now so different." BBC

October 6, 2013 Updates

When the Nets were planning their move to Brooklyn, their analysis told them that 17.8 percent of their fans would be residents of New Jersey. The reality was that only about half that number showed up in Brooklyn ... 9.8 percent of fans who attended games returned to their homes in New Jersey. Apparently, the Nets haven't given up on fans from across the Hudson. Best Trails & Travel, the Official Charter Bus Sponsor of the Brooklyn Nets, is once again offering shuttle bus service from Paramus to Brooklyn. In an email sent out to New Jersey fans this week, the Nets announced they're offering a 10 percent group discount. NetsDaily

January 20, 2013 Updates

Since moving to Brooklyn, the Nets had conducted all their shootarounds at Barclays Center, using their $1-billion home arena in the mornings to work on their shooting and game plan for that night. But interim coach Carlesimo left the ball in the players' court, giving them the chance to bring about their own change if that's what they desired. So for now , the plan is to hold shootarounds at the Nets' training facility in New Jersey throughout the week and possibly hold them at the arena if they need to before one of their weekend games. "We just kind of talked about it," Johnson said, "and since you really only have two or three guys that live in the city and everybody else lives here in Jersey, this is kind of what they wanted." Newsday

Then there's that thing of having more baskets for the players to shoot at, which Carlesimo prefers. At the arena, they'd just use the main court most of the time because their practice court inside the arena is small and has only two hoops. Over on the Jersey side of the Hudson, they have more room to stretch their legs at their facility. "They had a lot of input into it and guys are going to be divided," Carlesimo said. "I'm sure a couple of the New York guys would rather be in Brooklyn. You can make a case for that too . . . But I like coming here because I like the setting better for getting things done. "You also don't have the other team on your back. If the other team is coming in, you have to be off at a certain time. In here, we do whatever we want. So it's just an easier setup for us." Newsday

December 8, 2012 Updates

Commissioner David Stern scolded Gov. Christie and said New Jersey "has no idea what it's doing" by seeking to allow sports betting in the state in a deposition published Friday in the ongoing legal battle between the governor, the four major professional sports leagues and the NCAA. Stern and the heads of Major League Baseball, the NFL, the NHL and the NCAA were questioned recently by lawyers representing the state as part of the leagues' lawsuit seeking to stop New Jersey from instituting sports gambling. "The one thing I'm certain of is New Jersey has no idea what it's doing and doesn't care because all it's interested in is making a buck or two, and they don't care that it's at our potential loss," Stern said when asked how the advent of sports betting in New Jersey would harm the NBA. "And wholly apart from the fact that a governor, who's a former U.S. Attorney, has chosen to attack a federal law which causes me pause for completely different reasons since I've at times sworn to similar oaths about upholding the law of the United States," Stern continued. Charlotte Observer

December 7, 2012 Updates

NBA commissioner David Stern scolded Gov. Christie and said New Jersey "has no idea what it's doing" by seeking to allow sports betting in the state in a deposition published Friday in the ongoing legal battle between the governor, the four major professional sports leagues and the NCAA. Stern and the heads of Major League Baseball, the NFL, NHL and NCAA were questioned recently by lawyers representing the state as part of the leagues' lawsuit seeking to stop New Jersey from instituting sports gambling. "The one thing I'm certain of is New Jersey has no idea what it's doing and doesn't care because all it's interested in is making a buck or two, and they don't care that it's at our potential loss," Stern said when asked how the advent of sports betting in New Jersey would harm the NBA. "And wholly apart from the fact that a governor, who's a former U.S. Attorney, has chosen to attack a federal law which causes me pause for completely different reasons since I've at times sworn to similar oaths about upholding the law of the United States," Stern continued. CBSSports.com

MLB commissioner Bud Selig said in his deposition he was "appalled" that New Jersey would look to sports gambling as a fiscal solution. "I know states need money. I really mean that," he said. "I understand all the problems. Federal government needs money, going over a cliff, cities need money. Chris Christie needs money. But gambling is so ... the threat of gambling and to create more threat is to me -- I'm stunned. I know that people need sources of revenue, but you can't -- this is corruption in my opinion. "I have to say to you I'm appalled. I'm really appalled." CBSSports.com

October 30, 2012 Updates

Detroit Pistons coach Lawrence Frank's family is without power but safe in the aftermath of the massive storm Sandy that swept through the East Coast with tons of water and high winds. His immediate family is in New Jersey, where Frank once coached the then-New Jersey Nets. "The power supply is down; no one has power," said Frank, whose wife, Susan, and daughters are riding out the storm in New Jersey. "They're dealing with that, but there are people in a whole lot worse situation. Your prayers go out to the people impacted by that." USA Today

September 11, 2012 Updates
September 7, 2012 Updates

The Nets’ revenue should improve from “pretty bad” during their last season in Newark, New Jersey, to one of the league’s top five or six, according to Stern. “The Nets have these wonderful tent-pole sponsorships, they’re doing spectacularly in their season-ticket sales and they have retained a team that, in reading about it, looks like they’re going to compete,” he said. BusinessWeek.com

The Nets may generate revenue of $140 million and turn a profit of as much as to $15 million, the New York Post reported last month citing an unidentified person with knowledge of the matter. The team is now worth $575 million, 60 percent more than its $357 million valuation last season in Forbes Magazine’s annual rankings, the newspaper said. “Before, we had to have brochures and video of, ‘This is what it’s going to be when we’re in Brooklyn,’” Nets General Manager Billy King said in July. “Now we can take them there. It’s a reality now, and I think it’s going to be great for the people of Brooklyn and our fan base. It’s going to be great for our players to be part of something special.” BusinessWeek.com

September 4, 2012 Updates

Williams is renting in SoHo while shopping for a permanent home, preferably one with easy tunnel access. He will have company. Joe Johnson, the Nets’ newly acquired All-Star guard, forward Kris Humphries and guard Jerry Stackhouse will all be living in Manhattan as well. Seven Nets will reside in New Jersey, including the rookie Tyshawn Thomas, who got an apartment in Hoboken, his hometown. (Two others, Mirza Teletovic and Tornike Shengelia, are playing overseas and have not yet shopped for homes, but they are likely to end up in New Jersey, too.) New York Times

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