History of the Brooklyn Nets
The Brooklyn Nets, a professional basketball team based in the New York City borough of Brooklyn, was founded in 1967 and initially played in Teaneck, New Jersey, as the New Jersey Americans, later the New Jersey Nets. They are a member of the Atlantic Division of the Eastern Conference in the National Basketball Association (NBA), as well as an original member of the American Basketball Association (ABA). In 2012 they moved to Brooklyn and were renamed the Brooklyn Nets.
History of the New York Islanders
On October 24, 2012, the Islanders made the announcement that the franchise will indeed be moving to the Barclays Center in Brooklyn for the 2015–16 NHL season, after signing a lease that would keep the team in the arena until 2040. The team retained its name, logo and colors as part of the move. As part of the deal, the management of the Barclays Center took over the team's business operations once the Islanders moved to the Barclays Center. The decision to move to Brooklyn didn't require the Rangers' approval. Under a longstanding provision of the agreement that allowed the Islanders to share the New York area with the Rangers, the Islanders are allowed to play their games anywhere on Long Island, including the two city boroughs on the island, Brooklyn and Queens.