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
However, they got a rude surprise when the NBA forced the Nets to pay an additional $4.8 million directly to the Knicks for "invading" the New York area. Coming on the heels of the $3.2 million that the team had to pay for joining the NBA, this left Boe short of cash, and he was forced to renege on a promised pay raise for Erving. Erving refused to play for the Nets under these conditions and refused to report to camp.