Jay-Z's New Jersey Nets (Jigga is a part owner) will make their move to Brooklyn, New York despite the current financial economic crisis. The Nets CEO Bretty Yormark recently confirmed and announced the dates fans can expect them to make the move. "We'll be there for the 2011-2012 season," Yormark said in a statement. "We've pre-sold 20 percent of our suites…We've got eight of our 14 founding partnerships already completely signed. Next week, we'll announce our ninth."
Although everyone and their grandma is having money problems right now, the Nets say it wont stop them. "We feel very confident about the financing," Yormark added. "We feel very confident about just the project in general, and once we get through this final piece of litigation, we'll be in the accelerated mode to break ground and get ready to open."