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James Dolan tries to help rescue Islanders from Barclays Center

Related Topics: James L. Dolan, Barclays Center

Executives of several of New York’s more fortunate franchises are coming together in an attempt to rescue the Islanders from Barclays Center.

The Wilpon family, which owns the Mets, and Knicks and Rangers owner James Dolan are involved in the pair of investment and development groups joining talks with the Islanders on a new arena proposal, according to a Bloomberg report citing anonymous sources.

While a proposal last summer indicated the Islanders hoped to build their new arena in Queens near Citi Field, the new venture appears to be taking shape around a site near Belmont Park in Elmont, according to Bloomberg.