Brett Yormark, the Nets President and CEO, released the following statement regarding the Nets' upcoming interim relocation to Newark's Prudential Center, which will begin with the upcoming 2010-11 NBA season. This precedes the team's permanent move to Brooklyn, planned for 2012.

"Our planned interim relocation to the Prudential Center in Newark represents one of the many positive steps to take place for Nets Basketball during the next few months. This temporary move not only gives our fans a state-of-the-art arena with the first-class amenities common in most NBA buildings, but also provides our players with a great atmosphere in which to play.

"Additionally, before we make our permanent move to Brooklyn, this interim relocation to Newark enables us to continue our goal to further regionalize the team, not only in Essex and Union Counties, but also in New York City due to the direct mass transit access available between Manhattan and the Prudential Center. We are confident that the NBA family will see this as a positive move, as we do. We look forward to being part of the community in Newark and will continue our extensive community outreach in the area.

"I would like to sincerely thank Governor Christie for his support and leadership in making our interim relocation to the Prudential Center a reality. I would also like to express my appreciation to Mayor Booker and Jeff Vanderbeek for their steadfast efforts throughout this process."