Joseph Tsai, the co-founder of Alibaba, is about to sign a record $2.35-billion deal to acquire the remaining 51 percent of the Brooklyn Nets from Mikhail Prokhorov. Once the deal comes through, he will become the sole owner of the franchise. Tsai purchased 49 percent of the Nets last year for $1 billion and was [...]
August 14, 2019
Anou Enright
Blogs
Roughly one year after installing general manager Sean Marks and head coach Kenny Atkinson and committing to an extensive rebuild, Brooklyn Nets owner Mikhail Prokhorov is looking to sell a 49 percent stake in the team, per the Associated Press (via ESPN): Brooklyn Nets owner Mikhail Prokhorov has told Russian media he’s selling a 49 [...]
April 21, 2017
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Blogs
The search for the Brooklyn Nets’ next general manager and head coach is ongoing, and while Kentucky’s John Calipari was viewed as a candidate to fill both vacancies, team owner Mikhail Prokhorov and crew are now believed to be looking elsewhere. From Yahoo Sports’ Adrian Wojnarowski: Two Western Conference executives have moved into prominent consideration [...]
January 25, 2016
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Rumors
John Calipari to the NBA rumors are back again. Over the weekend, reports have surfaced linking the Kentucky coach, to the Brooklyn Nets. When Mikhail Prokhorov fired head coach Lionel Hollins and reassigned general manager Billy King it was made clear that he wants a change, but who will be heading that change has yet [...]
January 11, 2016
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Blogs
Hear that? It’s the sound of Brooklyn Nets majority owner-turned-sole owner Mikhail Prokhorov giving the go-ahead to general manager Billy King to unload more of the team’s first-round picks. Sorry, that was in poor taste. But the Prokhorov news is for real. The rumor mill has churned out a lot of fluff over the months, [...]
December 23, 2015
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Blogs
Brooklyn Nets owner Mikhail Prokhorov hasn’t given up his team. Meaning? He’s a far better man than I am. Although the Nets have began the season 16-22, waffling in and out of the Eastern Conference’s playoff picture, Prokhorov has yet to give up hope. His team was supposed to contend for a title following the [...]
January 20, 2014
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Blogs
Half of Jay Z’s Brooklyn Nets ownership stake will now rest in the hands of head coach Jason Kidd. The New York Post reported that Kidd would be purchasing the entire 0.67 percent of the team Jay Z owns for a cool $500,000: Jay Z is selling his minority ownership in the Brookyn Nets to [...]
September 4, 2013
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Blogs
Jason Kidd is interested in a return to the NBA he really never left. Fresh off announcing his retirement from the New York Knicks and league as a whole, Kidd is apparently interested in coaching the Brooklyn Nets. According to Adrian Wojnarowski of Yahoo! Sports, Kidd is “chasing” the vacancy that was created when the [...]
June 10, 2013
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Blogs
Mark Cuban believes in Deron Williams and the Brooklyn Nets…said no one ever. Prior to Brooklyn’s 113-96 victory over the Dallas Mavericks on Wednesday night, Big D’s owner was asked about Williams and the state of the Nets. When steered in the direction of admitting that the Nets weren’t contenders, yet still strapped for cash, [...]
March 21, 2013
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Blogs
Nice try Billy King and Mikhail Prokhorov, but the Brooklyn Nets aren’t fooling anyone. According to Mike Mazzeo of ESPNNewYork.com, the Nets have reportedly not contacted Phil Jackson with regard to the coaching vacancy they created when they fired Avery Johnson: Despite high-profile names like Phil Jackson and Jeff Van Gundy being tossed around, Brooklyn [...]
December 31, 2012
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Blogs