New Jersey Nets Logo — New Jersey Nets is a franchise of basketball in the NBA based in Newark, New Jersey. The team was founded in 1967 under the name of New Jersey Americans and began playing in the ABA. In 1968 the franchise changed its name to New York Nets. This name entered the NBA in 1976, nine years after its founding.
Currently, New Jersey Nets play in the Atlantic Division of the Eastern Conference and compete for their home games at the Izod Center. Throughout its history, the Nets have managed 2 championships in the ABA, 2 and 5 conference division (one in the ABA). His recent successes dating from 2002 and 2003, where they reached a row of end of the NBA. In 2004, the franchise was sold to Bruce Ratner, has announced the move to Brooklyn, New York for the season 2012/13.
The franchise was established in 1967 as part of the ABA, the business tycoon trucker Arthur Brown as the owner. Brown had intentions to name the team as New York Freighters, playing in the armory of the 69th Regiment on the east side of Manhattan, but the pressure exerted by the New York Knicks forced the team to move to the armory in Teaneck, New Jersey, changing its name to New Jersey Americans. Would not be the last time the Knicks would directly affect the future of the franchise.
In 2000, the Nets hired Rod Thorn as new team president, an executive with a long history in the NBA, known to have been responsible for in the draft to select Michael Jordan in his time as general manager of the Bulls. Immediately began to form the most talented team from the championships in the ABA mid-year 1970. As a first step hired Byron Scott as coach. With the first pick in the 2000 NBA Draft, selected Kenyon Martin from the University of Cincinnati. On draft night in 2001, changed the rights of their first-round choice (Eddie Griffin) to Houston Rockets for their choices in the draft, Richard Jefferson, Jason Collins and Brandon Armstrong.