Following the departure of all three of its major tenants, the arena continued to host occasional non-sporting events, such as touring shows and concerts, and other local events. The state-owned facility reported losses for 2013, and was projected to have $8.5 million in losses for 2015. On January 15, 2015, the New Jersey Sports and Exposition Authority (NJSEA) voted to shut down Izod Center, and have Prudential Center acquire hosting rights to events scheduled for the arena over the next two years in a $2 million deal.