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Report: Islanders’ Opt-Out Clause At Barclays Finally Clarified

Related Topics: Barclays Center, Brooklyn, Lease, Barclays

NEW YORK (CBSNewYork) — The Islanders’ 25-year lease at Barclays Center isn’t as ironclad as first thought.

There has been constant speculation as to how long the agreement between the NHL franchise and the Brooklyn arena can potentially last, provided one, or both, of the parties decides it is no longer satisfied with the marriage.

Though Barclays is paying the Islanders tens of millions of dollars a year to play in Brooklyn, there have been numerous reports suggesting the team’s new ownership is not satisfied with the lease and as a result is looking to build its own hockey-friendly arena somewhere in the New York City area, most notably in Queens or at Belmont Park on Long Island.