Devils are closer to Newark arena deal

Unthinkable
02-07-2004, 02:44 PM
http://www.app.com/app/story/0,21625,902645,00.html

Devils are closer to Newark arena deal

Published in the Asbury Park Press 2/07/04

By MIKE KERWICK
STAFF WRITER <blurb>The Devils and the city of Newark were not commenting yesterday on one published report and one television report that said the team would move to Newark if a new arena was built.<blurb></blurb></blurb>

Yesterday's defensive posturing was a sign that a deal between the two sides may be close.

"It's in the hands of people higher than me," said Devils general manager Lou Lamoriello. "I don't want to get into it."

According to the published report in the Record of Hackensack, the two sides are "likely to sign a memorandum of understanding in the next several days, guaranteeing the team will move to the state's largest city if a new arena is built."

"He's not commenting on that," said Pamela Goldstein, a spokesperson for Newark Mayor Sharpe James.
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David Puddy
02-09-2004, 02:36 PM
Here is the latest on a Newark Arena from Sports Business News.com:

Newark and Devils officials continued negotiating toward an agreement that would revive a long-stymied arena deal for the state's largest city. Three officials closely monitoring developments said a deal may be announced as soon as Monday. That and this report from The Newark Star Ledger's Matthew Futterman Newark Arena agreement could be announced as soon as Monday (http://www.sportsbusinessnews.com/index.asp?story_id=33329)