NEW YORK — After two years and countless complaints, Brooklyn’s Barclays Center has concluded it’s no longer worth it to host the New York Islanders. Russian billionaire Mikhail Prokhorov, who owns the building and the Nets, has since November been seeking an investor to take a stake in both. As of earlier this month, a financial projection shared with potential investors showed the Islanders won’t contribute any revenue after the 2018-19 season — a clear signal that the team won’t play there, the people said. Barclays Center wouldn’t speak to the future of the Islanders. If Barclays Center nixes the deal, then the Islanders’ tenancy would end after the 2018-19 season.

Source: National Post January 30, 2017 21:34 UTC