Team reveals its new arena name

It is a new era for the Islanders at Belmont.

Not just in name, as the workforce declared Swiss-based mostly expense financial institution UBS secured the naming legal rights to its new arena on Extensive Island, but in the perception bordering the workforce, too. Co-owner Jon Ledecky believes the new facility, coupled with a partnership with UBS, will assistance usher in prime-degree expertise to the Islanders.

“What it does for us as a workforce, it takes the dialogue absent of brokers telling their gamers, ‘Hey you really do not want to go engage in on Extensive Island simply because the Nassau Coliseum is a dump. And there is not a point out-of-the-art apply facility,’ which we also have now,” Ledecky told The Write-up on Wednesday. “So, we have taken all all those dialogue points that were being form of burdening the Islanders lovers. … We have taken all that absent. And now that emphasis really should be on hoping to gain that fifth Cup.”

The Islanders partnered with advisory company Oak Look at Group for the task, and UBS Arena is expected to be completed in time for the 2021-22 year.

The transfer signifies a departure from several of the team’s flaws in new a long time. As these kinds of, the team believes UBS is the fantastic husband or wife to bring the Islanders into the potential.

“If I would’ve absent to you and said ‘Hey, how would you like to go invest a billion-and-a-half-dollars, be the fourth arena in the market, with a workforce that is the only workforce in the NHL that doesn’t have a house. That had a shrinking fan foundation, not a growing fan foundation at one stage, that had been through more owners than I could rely. … Are you in?’ Likelihood are great not several organizations would say ‘I’m all in, let’s go,’” Oak Look at Group CEO Tim Leiweke told The Write-up Wednesday. “What we observed in UBS is the right husband or wife that is like-minded for us, which is ‘Don’t make a final decision on these days. Make a final decision on tomorrow.’”

Ledecky wishes to bring back again the raucous atmosphere the Islanders grew accustomed to at Nassau Coliseum, but with a vastly improved infrastructure and activity-day experience.

Simply just put, the Islanders want a house-ice edge lovers can be happy of at the time once again.

“If you create a little something spectacular in the world’s greatest market, which New York is, then everybody will come and they’re heading to want to be a aspect of it,” Leiweke said. “That’s our wager.”