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Isles sign “ironclad” 25-year lease at Barclays Center

Oct 24, 2012, 2:04 PM EDT

Charles Wang Getty Images

Following are the highlights from Wednesday’s press conference at Barclays Center announcing the New York Islanders are moving to Brooklyn.

Isles owner Charles Wang:

—- 25-year “ironclad” lease to play at Barclays Center starting in 2015-16.

—- Team name will remain New York Islanders. (Will not be Brooklyn Islanders.)

—- “Tried very hard” to keep the Islanders in Nassau County, but ultimately had to move on.

—- Will honor lease at Nassau Coliseum that expires after the 2014-15 season.

NHL commissioner Gary Bettman:

—- To Isles fans: “You don’t have to worry about the future of this club.”

—- Current capacity of Barclays Center is officially 14,500. A few hundred seats may be added, but the size is not a concern. Cites Winnipeg’s success in a smaller arena.

—- On the lockout: “The union has chosen not to engage on our proposal.” Says 82-game season looking unlikely, though time still left on the clock.

New York mayor Michal Bloomberg:

—- Easy to get to Barclays Center via public transit.

—- Rangers-Islanders rivalry just got bigger.

—- Brooklyn will help Islanders “get their mojo back”

Barclays Center majority owner Bruce Ratner:

—- For keeping team in the local market, “Charles Wang is the real hero today.”

  1. thecheeman - Oct 24, 2012 at 2:23 PM

    Nets Owner Mikhail Prokhorov:

    —– Wang’s daughter’s no longer tied up in a Brooklyn Basement. Face it, valuable tenant.

  2. spizzjr - Oct 24, 2012 at 2:26 PM

    As a Westchester based Isles fan I’m ecstatic

  3. blomfeld - Oct 24, 2012 at 2:49 PM

    “What about Han ?” …

  4. 950003cups - Oct 24, 2012 at 3:44 PM

    Great move by everyone involved. Isles will absolutely attract more fans with the mass transit from everywhere. Bad part is with only 14,500 or up to 14,950 resale prices will be high.

  5. taytay099 - Oct 24, 2012 at 3:45 PM

    Finally have some good NHL news.

  6. tmoore4075 - Oct 24, 2012 at 3:49 PM

    Was mentioned in the PC that he had offers to move the team out of NY but wanted to keep them close by. I’m very happy about that. Not even an Isles fan but the team has some history even if it is very old history.

  7. lostpuppysyndrome - Oct 24, 2012 at 3:55 PM

    Is there a $60mil relocation fee?

  8. eastcoastcynic - Oct 24, 2012 at 4:24 PM

    The elephant in the room they haven’t publically spoke about all that much is the sweetheart cablevision deal that Wang could not in all likelihood not obtain from any other suitors being a strong factor in remaining.

    • jl9830 - Oct 24, 2012 at 5:46 PM

      That’s not even a little bit a factor. And from an Islanders fan perspective, I don’t care why Wang kept the team here: HE DID. Unlike you, we’re not out to bash him at every step. Believe it or not, he’s a pretty good guy trying to do the right thing. Does he do too much at times? Obviously. But this is a guy who’s lost $20M a year owning the Islanders and still kept the team here and has been a devoted owner. He gets some props from me.

  9. sdelmonte - Oct 24, 2012 at 4:34 PM

    If only the Isles could get out from under their other ironclad long term contract. With Mr. DiPietro.

  10. jokoneski - Oct 24, 2012 at 6:44 PM

    Maybe the lock-out will be over by then….then again, maybe not

  11. bobc74 - Oct 24, 2012 at 8:53 PM

    Now all he needs are some players that actually want to play the game instead of acting like babies crying about how “broke” they are.

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