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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 PIT 31 21 6 4 99 71 46
2 TBL 33 20 10 3 110 87 43
3 NYI 31 21 10 0 99 89 42
4 DET 32 17 7 8 92 80 42
5 MTL 33 20 11 2 88 82 42
6 TOR 32 19 10 3 110 91 41
7 FLA 30 14 8 8 68 76 36
8 WSH 31 15 10 6 91 85 36
9 BOS 32 16 13 3 81 83 35
10 NYR 29 15 10 4 89 79 34
11 OTT 31 13 12 6 82 86 32
12 CBJ 31 13 15 3 76 100 29
13 PHI 31 11 14 6 81 92 28
14 BUF 32 13 17 2 62 100 28
15 NJD 33 11 16 6 74 96 28
16 CAR 31 9 19 3 66 88 21

STATS

2014-2015 REGULAR SEASON
SKATERS: GP G A +/- Pts
J. Jagr 32 5 15 -9 20
A. Henrique 26 8 10 2 18
M. Zidlicky 33 4 13 -5 17
M. Cammalleri 23 11 4 0 15
M. Ryder 32 4 10 -1 14
D. Severson 32 4 8 -4 12
P. Elias 27 3 9 -13 12
E. Gelinas 26 4 6 3 10
T. Zajac 25 4 4 -4 8
S. Bernier 22 2 6 3 8
 
GOALIES: W L OT Sv% GAA
K. Kinkaid 0 1 2 .942 1.71
C. Schneider 11 15 3 .916 2.55