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Well, they lost a huge money maker in the Jets who are moving their facilities out of Hofstra to the new complex in the Meadowlands. I wonder if without financial assistance of the Jets, Hofstra would have pulled their football program earlier.
FWIW, the Jets aren't moving their administration and practice facility to Meadowlands Stadium. They already built a new facility in Florham Park, NJ last year and moved in during the season (originally they had planned after last season). The Giants will continue to have all of their administration in the Meadowlands, and the Jets are still out of town (like most NFL teams, even the Colts, Steelers, Broncos, Redskins, etc. with newer stadiums - the Pats house all of their operations in Gillette, which is the exception). The only difference with Meadowlands Stadium is that it's a 50-50 ownership between the two teams, unlike Giants Stadium.
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