Devils Close To New Deal

The New Jersey Devils and the New Jersey Sports and Exposition Authority, so recently swapping charges of bad faith and deceit, are within days of agreeing to a renegotiated lease that will increase revenues to the team.

“We’re very close, it could be announced before Tuesday,” Joel Kobert, general counsel to the authority, said “Both sides have exchanged documents. We should know today or tomorrow.”

Kobert stopped short of saying he was certain that a deal would be made before a hearing Tuesday in state Superior Court over the authority’s request for a temporary restraining order to keep the team from terminating its lease and moving to Nashville, Tenn.