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.
List of Brooklyn Nets seasons
In the NBA, the Nets have experienced only one period of sustained success, from the 2001–02 season to the 2006–07 season, when led by Jason Kidd they played in the postseason every year and twice reached the NBA Finals, but lost to Shaquille O'Neal-led Los Angeles Lakers in 2002 and then to Tim Duncan-led San Antonio Spurs in 2003. After 35 seasons in New Jersey, owner Mikhail Prokhorov moved the team to the New York City borough of Brooklyn to become the Brooklyn Nets.