The Islanders have been trying to secure a new arena for several years, with Wang trying desperately to win over city officials. After endless attempts to build a new rink near Nassau Veterans Memorial Coliseum, Wang has given up and his team will be playing in Brooklyn once the club's current lease agreement expires.
Wang, NHL Commissioner Gary Bettman, New York City Mayor Michael Bloomberg, Barclays Center developer Bruce Ratner and Brooklyn Borough President Marty Markowitz are attending today's press conference.
"It was our goal from day one to keep the Islanders in the local New York area," Wang said. "We're thrilled to have the opportunity to play in Barclays Center, a first class arena. This has been a long journey for the Islanders family starting with our loyal fans, sponsors, and employees. I want to personally thank them for their patience, loyalty, and support. I am excited about today's announcement and I am looking forward to a long and successful future in Brooklyn."
A few NHL exhibition games were scheduled at the Barclays Center before the NHL lockout wiped those plans out, in an attempt to strengthen Ratner's bid to bring in a team.
The biggest concern for the rink has been its 14,500 capacity for a hockey game, though that no longer appears to be a concern.
On January 19 and 20, 2013, the Barclays Center will welcome two KHL regular-season games, featuring Dynamo Moscow and SKA St. Petersburg.
The Barclays Center is currently home to the NBA's Brooklyn Nets.