An AEG lawyer called the decision “arbitrary and capricious” and mentioned the possibility of a lawsuit.
The casino contract is lucrative for the winning bidder as well as New York City. The bidder must pay a $300 million licensing fee by March 31. NYC is hurting for money and is anxious to seal the deal.
Source
Paterson aide makes announcement
Jay Z Bails on Aqueduct Casino Deal
Halderman, 52, will be sentenced on May 4 and is expected to receive six months in prison. In addition he must serve 4.5 years of probation and perform 1,000 hours of community service. Source