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“If the Prudential Center and the Izod Center can come to an understanding that allows the Nets to move to their preferred venue, as is being reported, that is certainly a positive development,” Cardinale said. “However, that does not justify handing the Nets a $7.5 million windfall at the expense of the New Jersey taxpayers.
“Moreover, what will happen to the proposed ‘deal’ if the Nets move out of the Prudential Center in two or three years? Will the Izod Center still have exclusive rights to family events in the region?
“If a private business wanted to move to a new location, it would be charged for that accommodation. Instead the Corzine Administration wants to pay the Nets a fee to move to its preferred venue,” he said. “I would prefer to see the Corzine Administration protect the interests of the New Jersey taxpayer, rather than the interests of the privileged few who own professional sports franchises.”
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