Hockey Nassau Coliseum to shutter indefinitely by Chris Passarelli June 17, 2020 With all the positive news regarding the New York Islanders, Belmont Arena and COVID-19 in general, you knew in the back of your head some bad news was coming. Unfortunately for Islanders fans, the saga for a new home continues. Onexim Sports and Entertainment, a company run by Russian billionaire Mikhail Prokhorov and the company leasing Nassau Coliseum from Nassau County, is planning to shutter indefinitely and is seeking investors to take over both the debt owed to Nassau County and full operations. The reasoning is due to the lack of profit made during the coronavirus pandemic. In total, Onexim has around $100M in loans. It is unknown what the plan is going forward, but it has been speculated that other potential investors will use the land around Nassau Coliseum to build it up, similar to the Lighthouse Project proposed by former Islanders owner Charles Wang. The question now is: Where do the Islanders play their 2020-21 season? While the rest of the 2019-20 season will be played in two hub cities, it is now a mystery where the Islanders will play next season. There is still plenty of time to figure it out, but it adds another wrinkle to what seemed to be a closed book with the construction of Belmont. Would the Islanders be able to play at the Coliseum regardless of ownership? Will they be able to go back to Barclays Center despite breaking their deal? Will the friendly neighborhood Rangers loan them Madison Square Garden for a season? Who knows, but the possibilities are endless. Post Views: 1,187 The following two tabs change content below.BioLatest Posts Chris Passarelli Football Editor - Hockey Editor - New York Islanders Lead Writer - New York Lizards Lead Writer - UConn Football Lead Writer Latest posts by Chris Passarelli (see all) NFL Network to Premiere ‘The Top 100 Players of 2020’ on July 26 - July 22, 2020 The ‘Toilet Bowl’ may be coming to Western New York - July 16, 2020 Bigger is Better; SoFi Stadium Completes Largest Videoboard in Sports - July 1, 2020 Smoltz, Vrabel and Brown talk American Century Championship and Everything in Between - June 30, 2020 Related TopicsBarclays CenterFeatureNassau ColiseumNew York IslandersNHL Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. Newsletter Subscription Can't Miss Posts! Women in Sports: NHL Network Host, Jackie Redmond by Nicholas Durst | posted on March 4, 2019 Lochte, Dressel and Ledecky all Chasing Gold at 2021 Tokyo Olympics by Anthony Paradiso | posted on April 18, 2021 You Know I’m Right, Episode 109: The Athletic’s Marc Carig (Audio/Video) by Nicholas Durst | posted on April 19, 2021 You Know I’m Right, Episode 112: New York Jets’ Insider Brian Costello (Audio/Video) by Nicholas Durst | posted on April 27, 2021 You Know I’m Right, Episode 106: Newsday’s Neil Best (Audio/Video) by Nicholas Durst | posted on April 12, 2021 More in Hockey Tim Peel is Discharged After Caught on Hot Mic Tim Peel was Discharged from the NHL After He was Caught on the Hot... NHL, Amazon Web Services Partner to Develop New Stats, Data, and Insights The National Hockey League (NHL) is partnering with Amazon Web Services (AWS) in an... You Know I’m Right, Episode 81: ESPN’s Arda Ocal (Audio/Video) On the 81st episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... You Know I’m Right, Episode 80: MSG Network’s Bill Pidto (Audio/Video) On the 80th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... Broken Trust: Athlete Abuse Exposed Documentary The Atlantic League of Professional Baseball Plans for Play