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Report: Islanders, Barclays Center exploring out-clause options

Daniel Nugent-Bowman
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Author: The Hockey News

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Report: Islanders, Barclays Center exploring out-clause options

Daniel Nugent-Bowman
By:

The New York Islanders have only been playing at Barclays Center in Brooklyn since the fall, but both parties are reportedly already exploring ways to sever that relationship.

The New York Islanders have only been playing at Barclays Center in Brooklyn since the fall, but both parties are reportedly already exploring ways to sever that relationship.

According to a report in the New York Post, the 25-year lease between Isles owner Charles Wang and the arena contains an out clause that kicks in after the fourth NHL season. The Post is reporting “both sides are secretly exploring ways to cut ties or modify the existing terms of their lease.”

“I don’t think either side ever believed the full lease would be honored,” a source told the Post. “I just didn’t think we’d be talking about this the first year in.”

The Islanders moved to Barclays Center – home of the NBA’s Brooklyn Nets – in time for the 2015-16 season after 43 years at the Nassau Coliseum on Long Island.

Citing obstructed-view seating, more expensive tickets, altering longstanding traditions (like jersey colors), the Post notes Isles fans have been frustrated with the move.

The Islanders are averaging 13,424 fans per game, 28th in the league. Barclays Center seats 15,795 for hockey — including about 1,500 with obstructed views featuring discounted pricing.

However, the team is 19-8-4 at Barclays Center. Only Chicago, the New York Rangers, Washington and Dallas have more wins on home ice.

The Post provided two possible alternatives for the Islanders. One is moving them to a new arena in Queens.

The other is moving back them to Nassau Coliseum, which is expected to undergo a $260-million renovation next year under the guidance of Nets and Barclays Center owner Mikhail Prokhorov.

Once renovations are complete, the Coliseum will seat roughly 13,000 spectators. The Islanders averaged 15,334 fans per game there last season.

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Report: Islanders, Barclays Center exploring out-clause options