Inside The Barclays Center's Mysterious Meditation Room

In exchange for giving Forest City Ratner more than $300 million in public subsidies to build the Barclays Center in downtown Brooklyn (and that's not counting additional tax breaks and below-market land), the developer promised to give back to the community, including affordable housing, and new railyards. Precisely… »3/21/14 11:41am3/21/14 11:41am


Exclusive: How An NBA Team Makes Money Disappear [UPDATE WITH CORRECTION]

We've obtained audited financial data for the New Jersey Nets covering the three fiscal years from June 2003 to June 2006. Though the numbers end five years ago, you can still see the roots of the argument that will have NBA owners, come midnight, again locking out their players. You can also see how a team makes… »6/30/11 1:05pm6/30/11 1:05pm