sell

If LeBron James is still looking to own an NBA team, there might soon be one up for the taking. And he’s playing for it. While speaking on ESPN’s First Take, Stephen A. Smith added another layer to the unending saga that is the Cleveland Cavaliers by reporting that owner Dan Gilbert is looking to sell [...]

In 2014 Steve Ballmer shocked the NBA and professional sports business world with his eye-popping $2 billion purchase of the Los Angeles Clippers. When it was reported that Houston Rockets Owner Leslie Alexander was selling the franchise just over a month ago, many wondered if the Rockets sale would top the price paid for the [...]

Things haven’t really turned out to well for Mihail Prokhorov as owner of the Brooklyn Nets. He bought the team in 2010 and made it clear that his extreme passion for basketball, his risk-taking nature and desire to be No. 1, and his seemingly endless pockets and resources would lead the Nets to the promised [...]

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 [...]

July 14, 2011 – The Hoop Doctors A little over a month ago, we reported that the Philadelphia 76ers were looking to sell the team. It appears as if that is now a done deal. Comcast-Spectacor reached an agreement Wednesday to sell the 76ers to a group of investors led by New York billionaire Joshua [...]