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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 TBL 48 30 14 4 156 127 64
2 NYI 46 31 14 1 151 129 63
3 DET 47 27 11 9 139 119 63
4 MTL 45 29 13 3 123 106 61
5 PIT 46 26 12 8 138 117 60
6 NYR 44 27 13 4 134 106 58
7 WSH 46 24 13 9 137 120 57
8 BOS 48 25 16 7 126 121 57
9 FLA 44 20 14 10 107 122 50
10 OTT 46 19 18 9 126 128 47
11 TOR 48 22 23 3 142 150 47
12 PHI 48 19 22 7 130 146 45
13 CBJ 45 20 22 3 113 142 43
14 NJD 47 17 22 8 107 134 42
15 CAR 46 16 25 5 98 120 37
16 BUF 47 14 30 3 89 167 31

STATS

2014-2015 REGULAR SEASON
SKATERS: GP G A +/- Pts
A. Henrique 40 10 16 -1 26
J. Jagr 43 9 16 -10 25
M. Cammalleri 35 15 6 -3 21
P. Elias 37 6 14 -14 20
M. Zidlicky 47 4 16 -7 20
M. Ryder 42 6 12 -2 18
T. Zajac 39 8 8 -7 16
S. Gomez 23 4 12 -5 16
S. Bernier 32 6 7 1 13
M. Havlat 29 5 7 -10 12
 
GOALIES: W L OT Sv% GAA
C. Schneider 16 19 4 .920 2.41
K. Kinkaid 1 3 3 .913 2.54