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Devils and Newark Finalize Arena Deal

Thursday, 01.12.2006 / 12:00 AM ET / 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.

 

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STANDINGS

EASTERN CONFERENCE
  TEAM GP W L OT GF GA PTS
1 x - MTL 76 47 21 8 200 169 102
2 x - NYR 75 47 21 7 228 177 101
3 TBL 76 46 23 7 244 198 99
4 PIT 76 42 23 11 210 190 95
5 NYI 77 45 27 5 235 215 95
6 DET 75 40 23 12 220 206 92
7 WSH 76 41 25 10 223 188 92
8 BOS 76 38 25 13 201 196 89
9 OTT 75 37 26 12 218 203 86
10 FLA 76 35 26 15 190 207 85
11 PHI 76 30 29 17 198 219 77
12 CBJ 75 36 35 4 207 232 76
13 NJD 76 31 33 12 168 194 74
14 CAR 75 28 36 11 174 204 67
15 TOR 76 28 42 6 198 244 62
16 BUF 75 20 47 8 144 254 48

STATS

2014-2015 REGULAR SEASON
SKATERS: GP G A +/- Pts
A. Henrique 69 16 24 -3 40
M. Cammalleri 62 25 13 3 38
P. Elias 63 11 21 -16 32
S. Gomez 52 7 24 -7 31
S. Bernier 61 13 14 3 27
T. Zajac 68 11 12 -4 23
A. Larsson 58 3 19 3 22
A. Greene 76 3 18 3 21
M. Ryder 47 6 13 -1 19
E. Gelinas 56 6 11 -3 17
 
GOALIES: W L OT Sv% GAA
C. Schneider 26 28 8 .928 2.19
K. Kinkaid 5 5 3 .918 2.47