Pacific Park, Brooklyn
The Barclays Center is the new home arena of the National Basketball Association's Brooklyn Nets, and the NHL's New York Islanders which was purchased by a group led by principal developer Bruce Ratner with the intention of making it and the arena the centerpiece of the whole project. This brought major league professional sports to Brooklyn for the first time since the Brooklyn Dodgers moved to Los Angeles, California after the 1957 season. The arena’s design once included an ice skating rink and a green roof. An NBA basketball team now owned primarily by Russia's second richest man Mikhail Prokhorov, the Nets began playing at the Barclays Center arena in 2012. Formerly the New Jersey Nets, the Nets re-branded themselves when they moved to the Barclays Center. Prokhorov is an avid basketball fan, and, with 80 percent ownership in the Nets, he has become the first Russian owner of a major U.S. professional sports franchise. The deal was necessary for Ratner, who was risking losing tax-exempt financing and the Barclays naming-rights deal if he did not break ground within three months' time.
History of the Brooklyn Nets
In an effort to start anew, Coleman and Anderson were both traded during the 1995–96 season and New Jersey hired UMass head coach John Calipari to coach the team. Kerry Kittles was selected in the 1996 NBA draft and midway through the 1996–97 season, the team traded for Sam Cassell. After a 26–56 season, the Nets made a major draft-day trade in June 1997, acquiring Keith Van Horn, Lucious Harris and two other players for Tim Thomas. The only player from the early 1990s that the Nets retained was Jayson Williams, who was developing into a rebounding specialist.
The 1997–98 season saw several changes for the Nets. The first was a rebranding of the team that saw the ditching of the previous logo in favor of a 3-D shield logo, which was designed by Patrick McDarby, representing a futuristic backboard that the team used until their departure from New Jersey, along with a new uniform set. The second was the team's style of play, which resulted in the Nets staying in playoff contention for most of the season. The team played well under Calipari, winning 43 games and qualifying for the playoffs on the last day of the season. Power forward Jayson Williams was selected as a reserve in the 1998 NBA All-Star Game. The Nets were seeded eighth in the Eastern Conference and lost to the Chicago Bulls in the 1998 playoffs in three straight games. The Nets played well and came close to taking the first two games.