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
On June 2, 2000, the Nets hired as the team president Rod Thorn, a longtime NBA executive best known for drafting Michael Jordan while he was the Bulls' general manager. Immediately, he began to assemble the components of the franchise's most talented team since the ABA champions of the mid-1970s. He started by hiring former NBA star Byron Scott as coach. With the first pick in the notoriously weak 2000 draft, the Nets selected Kenyon Martin from the University of Cincinnati. Stephon Marbury and Keith Van Horn had become stars in New Jersey. Marbury made the All-NBA 3rd Team in 2000 and his very first All-Star Game in 2001. But despite his individual efforts, constant injuries hindered the team's chemistry and the Nets failed to reach to the playoffs in each of Marbury's seasons as a starter.