[Vulcan]

It looks like the Isles won't be leaving Barclay's for a while.

We've known about the arrangement for some time, but Hackel's article goes into more detail on the partnership through comments from Barclays and Nets CEO Brett Yormark. The Islanders have essentially turned their entire business operation - tickets, suites, sponsorships and others - over to the suits at Barclays, who in turn will fork over tens of millions to the club on a annual basis.

Essentially, the hockey team no longer administers or controls its own business operation, a highly unusual situation.
The agreement to move the franchise includes the provision that the arena pays Islanders ownership an annual sum to play at Barclays Center and, in exchange, Barclays Center acquired all ticket and suite sales, sponsorships, marketing and promotions and their revenue.
That arrangement was confirmed by Brett Yormark, the CEO of both the Barclays Center and the NBA Brooklyn Nets, the original team in the building, in a late June conversation.
Yormark added, "Charles made a promise to us and he's delivered a very good team to us, and we're going to monetize it."

The actual price tag still isn't known and Yormark isn't saying. But he does tell Hackel that the number is based on how much money Barclays brings in. Should the Islanders exceed the target, Barclays would keep the surplus. The team's share does have an unknown maximum, which Hackel pegs at possibly around $100 million using Yormark's clues and Forbes' franchise revenue list.

And no one would confirm how much the Islanders receive, although last year The New York Post reported that Barclays has guaranteed the Islanders $50 million annually.
Yormark told The Hockey News the maximum guarantee is contingent on the revenues his organization generates and claims it is a relatively easy target.
"We did make a revenue guarantee - I'm not going to discuss what the number is - but the number, when we hit it, would only put us 20th in the NHL in revenue," he said.

http://www.lighthousehockey.com/2015...arclays-center