Nets get new owner.
Old 09-23-2009, 03:31 PM   #1 (permalink)
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Default Nets get new owner.

NBA.com: Russian billionaire Prokhorov reaches deal to buy Nets
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Old 09-23-2009, 03:37 PM   #2 (permalink)
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this will surely be interesting. prokhorov insists that this is the first instance of foreign ownership of an nba team, which completely disregards the raps. he's russia's richest man, and this is clearly an investment for him. will lebron be more or less likely to play for him? does he care about the success of the team or is this just to make money? $700 mil is a lot to pay for the nets if your goal is to make a profit...

should be interesting.
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Old 09-23-2009, 03:48 PM   #3 (permalink)
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wow...
this is actually huge news.
he'll probably spend money like water...
is this the same guy that bought that billion dollar boat with laser beams?
the luxery tax will be pennies to this guy... yikes. watch out for the nets in a few years.
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Old 09-23-2009, 03:54 PM   #4 (permalink)
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not the same guy. thats abramovich, who owns chelsea's footy team.
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Old 09-23-2009, 04:00 PM   #5 (permalink)
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i wonder if he understands the cap and realizes that he can't buy success like abramovich.
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Old 09-23-2009, 04:05 PM   #6 (permalink)
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i wonder if he understands the cap and realizes that he can't buy success like abramovich.
he's probably going to go way over the cap and just pay off whatever the taxes are.
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Old 09-23-2009, 06:01 PM   #7 (permalink)
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He's a friend of Abramovich and was arrested once in a sex ring sting.

http://www.telegraph.co.uk/news/worldnews/1539321/Oligarch-held-over-sex-ring.html
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