Quantcast
Channel: SI Wire » Brooklyn Nets
Viewing all articles
Browse latest Browse all 103

Report: Mikhail Prokhorov listening to offers for Nets

$
0
0
Prokhorov speaks to press during a Nets game in 2012 (Kathy Kmonicek/AP)

Mikhail Prokhorov bought the Nets four years ago for $223 million. (Kathy Kmonicek/AP)

Brooklyn Nets owner Mikhail Prokhorov is currently fielding offers to buy the team, reports Yahoo! Sports Adrian Wojnarowski.

According to Wojnarowski’s source, Prokhorov is curious to know how much his stake in the Nets and the Barclays Center could go for on the open market after the Los Angeles Clippers sold for a record $2 billion.

Though Prokhorov is listening to bids from potential buyers, he hasn’t indicated whether he’s definitely willing to sell. The Russian billionaire purchased the Nets in May 2010 for $223 million. He currently owns an 80 percent stake in the team and a 45 percent stake in the arena.

The Nets finished the 2013-14 regular season with a record of 44-38, good enough for sixth place in the Eastern Conference. The team made it to the second round of the NBA playoffs before losing to the Miami Heat in five games.

ROUNDTABLE: 2014 NBA Finals MVP so far?



Viewing all articles
Browse latest Browse all 103

Latest Images

Trending Articles





Latest Images