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The Islanders' no-move lease

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Amazing how this saga with NVMC has gone on for well over a decade, and continues still: Amid the rumors of relocation, Newsday once again goes into the strict terms of the Islanders' lease, which implies that any attempt to move before 2015 would put the club's owner "in contempt and face the possibility of jail time, high fines and the payment of any damages ." "It's a more extreme lease than you typically see," a commercial law professor tells Newsday. "If I'm the New York Islanders, I'm not sure I would want to sign this lease. From their perspective, it's a bad lease. But just because it's bad, it doesn't mean you can get out of it." Reason #1 things have moved so slowly?

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