Nets' Owner Says NBA Team Not For Sale
May 2, 2008 - 5:28 am
New York Daily News -
Nets' owner Bruce Ratner has put to bed any rumors that the team is for sale after speculation arose that the owner of the New Jersey Devils' hockey team is trying to gather investors to buy the team, Julian Garcia of the New York Daily News is reporting.

"The team is very simply not for sale, and any stories that suggest or insinuate that we would be interested in listening to those conversations are flat-out false," Ratner said in a statement. "We are focused on breaking ground on the Barclays Center in Brooklyn later this year and building all of Atlantic Yards, nothing else."

"There have been no discussions with any elected officials or business executives about buying the team or moving to Newark." [READ]

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