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Devils and Newark Finalize Arena Deal

Thursday, 01.12.2006 / 12:00 AM / News
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Devils and Newark Finalize Arena Deal

Newark, NJ – The City of Newark and the New Jersey Devils have reached a definitive agreement on the Devils Financing Commitment that will allow the Newark Arena Project to move full speed ahead and be completed on time for the Devils opening Game in October of 2007!

New Jersey Devils Chairman Jeff Vanderbeek stated that, “The Devils are ecstatic that we have concluded an agreement with the City of Newark that ensures the Newark Arena will be our home starting with the 2007/08 season, and for many years thereafter!  As I’ve said in the past, we look forward to October 8, 2007 when our fans will come to Newark and watch the New Jersey Devils play in a world class setting!”

According to Patrick Hobbs, “The City and Devils have worked diligently during the past three days to ensure the success of the Downtown Core redevelopment.  Art Ryan and I are satisfied that both parties will fulfill their obligation and be able to successfully bring about a transformation of Newark’s Downtown Core.  Art and I want to congratulate Richard Monteilh, Jeff Vanderbeek and their representatives for working hard to satisfy each others, and our, concerns.  The agreement is fair to all parties, will protect the investment of the taxpayers, and allow the Devils to begin play in Newark in October 2007.”

“The Agreement reached today allows for the Arena to move on a fast track basis unimpeded by conditions of performance that were the source of conflict in the past.  The Devils will secure their obligation with a $100 million letter of credit,” said Richard Monteilh.

Mayor Sharpe James congratulated negotiators on both sides and stated that the necessary blood, sweat and tears has created an economic project that will benefit the State, Newark and the Devils for generations to come with new jobs, tax ratables, hotels, a community center, restaurants and a new image for our region.

 

SCHEDULE

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AWAY
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STANDINGS

EASTERN CONFERENCE
  TEAM GP W L OT GF GA PTS
1 MTL 64 41 18 5 172 142 87
2 NYR 63 39 17 7 197 155 85
3 NYI 65 41 21 3 207 182 85
4 TBL 65 39 20 6 213 171 84
5 DET 62 36 15 11 182 160 83
6 PIT 63 36 18 9 182 158 81
7 WSH 65 35 20 10 193 162 80
8 BOS 62 31 22 9 165 161 71
9 FLA 64 28 23 13 156 181 69
10 OTT 62 28 23 11 176 167 67
11 PHI 64 27 25 12 170 186 66
12 NJD 64 27 27 10 144 165 64
13 TOR 64 26 33 5 173 195 57
14 CBJ 63 26 33 4 163 201 56
15 CAR 62 24 31 7 144 167 55
16 BUF 64 19 40 5 123 215 43

STATS

2014-2015 REGULAR SEASON
SKATERS: GP G A +/- Pts
M. Cammalleri 52 24 10 5 34
A. Henrique 57 12 20 -2 32
P. Elias 54 10 17 -12 27
S. Gomez 40 5 19 -10 24
T. Zajac 56 10 10 -3 20
S. Bernier 49 10 9 0 19
A. Larsson 46 3 16 5 19
M. Ryder 44 6 12 -2 18
A. Greene 64 2 13 7 15
E. Gelinas 44 5 9 -2 14
 
GOALIES: W L OT Sv% GAA
C. Schneider 24 23 6 .928 2.17
K. Kinkaid 3 4 3 .915 2.59