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Editorials

New York Islanders: Top 5 Moves by New Ownership

UNIONDALE, NY - OCTOBER 22: New York Islanders partners Scott Malkin (L) and Jon Ledecky (R) answer reporters questions during a press conference at Nassau Coliseum on October 22, 2014 in Uniondale, New York. (Photo by Bruce Bennett/Getty Images)
UNIONDALE, NY - OCTOBER 22: New York Islanders partners Scott Malkin (L) and Jon Ledecky (R) answer reporters questions during a press conference at Nassau Coliseum on October 22, 2014 in Uniondale, New York. (Photo by Bruce Bennett/Getty Images)
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ELMONT, NY – JUNE 09: Justify #1, ridden by jockey Mike Smith crosses the finish line to win the 150th running of the Belmont Stakes at Belmont Park on June 9, 2018 in Elmont, New York. Justify becomes the thirteenth Triple Crown winner and the first since American Pharoah in 2015. (Photo by Al Bello/Getty Images)

They Got Belmont

GM Lou Lamoriello said it best: “Without Belmont, there is no New York Islanders on Long Island.” He’s right. Without a new arena, the New York Islanders could not continue operating as this nomadic team drifting between the Barclays Center and the Nassau Coliseum.

The Barclays Center, while under new ownership, was never a place they could call home. Even with JosephTsai at the helm, the damage has been done and is likely irreparable now. The Coliseum is getting a second lease on life with a recent $100 million facelift and a few Isles games, but it just isn’t a full-time NHL venue any longer.

The Islanders needed a new long-term home that could bring them into the modern era. And if it wasn’t Belmont there likely wasn’t another possibility. There certainly wouldn’t be another opportunity that received so much political support.

New York Governor Andrew Cuomo has his hands all over the Belmont file. Ever since the RFP for Belmont was announced after the New York Cosmos’ plan was pulled, the Governor’s office seemed to be in the Islanders corner.

Getting the right to build a new arena at Belmont was no small task, and it certainly won’t come cheap. But it’s massively important for the stability of this franchise both in the immediate short-term and in the long-term.

And, let’s be honest, it certainly helps the valuation of the New York Islanders franchise.

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