The 2015 All-Star weekend is set to be split between the respective arenas of fierce rivals the New York Knicks and the Brooklyn Nets, according to reports.

Barclays Center, the Nets' impressive new home which opened last summer at a cost of approximately $1 billion, and the world-famous Madison Square Garden will reportedly be formally announced later on Wednesday as joint hosts for the annual event which traditionally takes place in February. 

It is believed that the Saturday skills events will take place at Barclays Center, while the home of the Knicks is set to receive the showpiece clash on Sunday evening. 

New York last hosted the All-Star game back in 1998, when Madison Square Garden was full to the rafters as basketball icon Michael Jordan and former Miami Heat swingman Glen Rice led the Eastern Conference to an impressive 135-114 victory over their Western Conference counterparts, for whom a certain Kobe Bryant was making his All-Star debut.

The 2014 All-Star weekend is scheduled to take at New Orleans Arena, home of the recently re-branded New Orleans Pelicans.

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