In which I consider the latest rumors that the New Jersey Nets could be headed to Newark instead of Brooklyn, and whether that might not be best for Brooklyn in the long run:

The recent news that a group of New Jersey investors may be working to buy the Nets and move them to Newark didn’t exactly set off shock waves in Brooklyn, which would be jilted as the team’s new home.

Despite all the hoopla surrounding the announcement nearly five years ago that the Nets would be coming to Brooklyn — developer-turned-owner Bruce Ratner cavorting in World B Free’s too-big hat, borough president Marty Markowitz sobbing, “Those tears of joy are swelling up in me — I just can’t wait!” — it’s been hard to find many locals who are waiting with bated breath for the team’s arrival… [read more]