The New York Islanders are heading straight towards the expiration of their lease with Nassau Coliseum in 2015 and still have no plan set for what will happen with the Hub, as well as the future of the Long Island's only professional sports team.
Recently, Nassau County Executive Ed Mangano released a statement to Newsday that he is looking for developers that are interested in developing the site. His plan would have a master developer renovate or construct a new Coliseum that could potentially keep the Islanders here.
However, Mangano's RFQ (Request for Qualification) would provide the master developer the right to share revenue with the Islanders while the team basically remained a tenant in a building that the owner had nothing to do with being built.
Can you see where this already seems like a "wait...what?" scenario?