Forest City Enterprises, the majority owner of the New Jersey/Brooklyn Nets is a public company, with its stock traded on the New York Stock Exchange (FCE.A). As a result, its recent 10-K/A filed with the SEC last week in connection with the sale of the Nets to Russian oligarch Mikhail Prokhorov, provides us with the most detailed look to date into the financial affairs of a NBA team.In each of the last three fiscal years (ending on June 30) the Nets gross revenue has decreased from $97 milli...
Found October 09, 2009 on
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