Barclays Center owner Mikhail Prokhorov would like the Islanders to play a large portion of their games at the renovated Nassau Coliseum for the 2018-19 season, reports Josh Kosman of the New York Post.
According to the report, Prokhorov has about $165 million invested in the Coliseum as both Barclays Center and the Islanders continue to work on a new lease. Either side can opt out of the current lease in January.
The Islanders are expected to be bidder for the vacant land at Belmont Park in order to construct a new arena.
Andy Graziano, SNY.TV Twitter
The story that just won't go away continues to dominate the headlines for the New York Islanders this summer. And there's no reason it shouldn't, as there is some belief it is directly tied to the fact captain John Tavares remains unsigned with unrestricted free agency looming next summer.
This seems to be more a ploy by Prokhorov to not pay the hefty fine he is in line to hand over to Nassau County for breaking the terms of the original building plan. The Islanders seem to have no desire to return to the Coliseum full-time, instead looking to Belmont in an effort by Jon Ledecky and Scott Malkin to build their own home.
The 13,900-seat "refurbished" Coliseum can, in no way under its current form, take on a professional NHL team and all that entails. Gary Bettman has dismissed the idea outright in some comments made over the summer and there is still a lack of any suitable public transportation option.
Kosman also mentions that there are negotiations ongoing to renegotiate the Barclays Center lease, which makes perfect sense for both sides as the team looks for a more permanent home. Barclays can never be it unless major concessions and renovations are made by the group led by President & CEO Brett Yormark. Something he has, in the past, been reluctant, if not defiant, to do.