Prudential Center
The arena was originally intended to be the home of the New Jersey Nets, but YankeeNets sold the team to Bruce Ratner, who decided he would relocate the Nets to the Barclays Center in Brooklyn. However, the construction of the arena was plagued by lawsuits and economic issues during the recession. In the fall of 2009, the Nets played two preseason games at the Prudential Center, while considering a possible move there. After the success of the preseason games at the Prudential Center, the Nets finalized a deal to move to the Prudential Center. The team played for two seasons at the venue before the Barclays Center was completed in 2012 and the team officially relocated to Brooklyn. The final NBA event at the Prudential Center before the Nets' move to Brooklyn was the 2012 NBA Draft, held on June 28, 2012.
History of the Brooklyn Nets
On March 29, 2010, the Nets defeated the San Antonio Spurs for the first time since the 2003 NBA Finals. The win was their 10th of the season, keeping them out of the record books for the worst season of all time, a distinction held by the 2011–12 Charlotte Bobcats. Still, the Nets finished with a 12–70 record, becoming only the fifth team to lose 70 games in a season, shared by the 1972–73 Philadelphia 76ers (9–73), 1986–87 Los Angeles Clippers (12–70), 1992–93 Dallas Mavericks (11–71) and 1997–98 Denver Nuggets (11–71).
On February 18, 2010, the Nets finalized a deal that would move them to Prudential Center in Newark, New Jersey. The Nets would begin playing in Newark in the 2010–11 season and remain there until Barclays Center opened in Brooklyn. There was significant optimism going into the off-season, especially as the Nets began promoting their "It's All New" campaign while looking forward to a new home, new owner, new coach, and new players. They also held the best chance of landing the top pick in the 2010 NBA draft, with which John Wall was eventually drafted. However, luck would once again not be on the Nets' side, as on May 18, 2010, the Nets received the third overall pick in the draft; they selected Derrick Favors, a power forward out of Georgia Tech.