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New Nets Owner Admits He Wasn't Ready

Wednesday, May 04, 2005 7:28:05 PM
By TOM CANAVAN

New Jersey Nets Jason Kidd listens to a reporter's question during a post-season news conference at the team's practice facility in East Rutherford, N.J.,  Monday, May 2, 2005. The Nets were swept, 4-0, in the opening round of the NBA playoffs by the Miami Heat. (AP Photo/Mike Derer)NEW YORK (AP) - Bruce Ratner acknowledged that he wasn't prepared to take over as the New Jersey Nets owner last summer because he was more focused on making a profit than doing what was best for the team and re-signing power forward Kenyon Martin.

"Last year, we started looking at the money instead of what the team needed," Ratner said Wednesday. "Now it's the other way around."

Speaking with beat reporters, Ratner touched on a wide range of topics, including the team's planned new arena, club finances, the future of the Nets' Big Three and input from All-Star Jason Kidd.


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