On Saturday, their departure became complete with the last signage of the team's presence at Nassau Coliseum coming down. Former Islanders Point Blank lead writer Kevin Schultz tweeted out a picture of a barren Nassau Coliseum.
— Kevin Schultz (@Schultz88) August 1, 2015
A "Home of the New York Islanders" banner used to occupy the upper exterior of Nassau Coliseum, along with advertising. The team's lease with Nassau County ended on July 31.
The Islanders, arena management company SMG and Nassau County agreed on a $3.5 million settlement over back payments due to the county by the hockey club and SMG. The deal was agreed upon on the final day of SMG's lease with the county.
Developer Bruce Ratner assumed management control of the outdated arena on Saturday and will make his first lease payment on Monday, according to Newsday.
The Colisuem's final act will be a Billy Joel Concert on Tuesday in which ticket prices on the secondary market have skyrocketed.