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Mangano deal would give Wang control

Nassau County Executive Edward P. Mangano and New

Photo credit: Howard Schnapp | Nassau County Executive Edward P. Mangano and New York Islanders owner Charles Wang joins union members, fans, merchants and residents in a major rally to save Long Island's only professional sports team, the New York Islanders, from leaving the region at the Nassau County Executive Building. (May 24, 2011)

Nassau County Executive Edward Mangano and New York Islanders owner Charles Wang have reached a tentative agreement that could give Wang control of the entire 77-acre parcel of county-owned land surrounding Nassau Coliseum, people close to the talks said.

Under the terms of the preliminary deal, Wang would get the site exclusively for a new hockey arena and surface parking -- far less expensive...

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