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MIKHAIL PROKHOROV RUMORS

Prokhorov not looking to sell, "plans to be an owner for a very long period of time"

In an interview Friday with Reuters, Brett Yormark once again tried to put to rest rumors that Mikhail Prokhorov is looking to sell the Nets --or take on investors-- and "plans to be an owner for a very long period of time." Asked by a Reuters reporter in Shanghai if the a Chinese investor in the Nets would help the team brand in China, Yormark replied... "Mikhail...
Via Pro Sports Daily
8 days ago  |  Discuss

The Brooklyn Nets Are For Sale

Brooklyn Nets owner Mikhail Prokhorov has quickly gained a reputation in the NBA. In his huge thirst for a championship, the Russian tycoon has...
Via Athlon Sports
16 days ago  |  Discuss

Now valued at $1.7B, Nets Owners In Talks To Sell Team For ‘Combination Of Assets’

Here's one of those stories that'll confuse the average reader. Mikhail Prokhorov bought the Nets for $223 million in cash four years ago. In the combination of assets discussions with the Dodgers, the Nets have been valued at $1.7 billion, while the Barclays Center has been set at $1.1 billion.Prokhorov, the majority owner of the Nets, would retain control of the team if...
Via Bob's Blitz
16 days ago  |  Discuss

Are the Brooklyn Nets for sale?

The ownership groups of the Brooklyn Nets and the Los Angeles Dodgers are in “ongoing discussions” for a “combination of assets,” according to NetsDaily. Mikhail Prokhorov, majority owner of the Nets, would retain control of the team if the deal goes through with the Dodgers’ ownership group, Guggenheim Sports. Prokhorov would also be able to parlay some of his assets into...
Via NESN.com
17 days ago  |  Discuss

Nets set to pay record luxury tax bill for 2013-14 season

The Brooklyn Nets and owner Mikhail Prokhorov have never been shy about spending money, but this is a little crazy. On Wednesday the NBA released its audit of teams ahead of the start of the new fiscal year (which starts at midnight) and the Nets will pay a ridiculous, record luxury bill. According to Brian Windhorst, the Nets owe $90.57 million in luxury taxes for the 2013-14 season...
Via Rumors and Rants
July 09, 2014  |  Discuss

Report: Mikhail Prokhorov listening to offers for Nets

Mikhail Prokhorov has been listening to offers for the Brooklyn Nets following the sale of the Los Angeles Clippers for $2 billion. "Just listening so far," a league official with direct knowledge told Yahoo Sports. "They haven't indicated a desire or willingness to sell. …Nothing was initiated by [Prokhorov]." Prokhorov has been curious how much his stake...
Via RealGM
June 14, 2014  |  Discuss

Nets owner Mikhail Prokhorov to move business back to Russia

PHOTO COURTESY: NJ.COM With the annexation of Crimea being one of the biggest topics around the world and getting more complicated by the day, why would anyone want to bring their business over to Russia? Maybe if you were a Russian billionaire, you would consider such a move; and that is exactly what Nets owner Mikhail Prokhorov plans to do.  Now, the next question is, what impact...
Via New York Sports-Kings
March 24, 2014  |  2 Comments
ONE RING OR ANOTHER

Prok may punish self with marriage

In a recent interview with the NY Post, Nets owner Mikhail Prokhorov said if the Nets don't win a title in the next three seasons, he will tie the knot as a means of discipline. 

Via That NBA Lottery Pick
October 30, 2012  |  1 Comment

Mikhail Prokhorov: If the Nets don’t win a title I’ll punish myself by getting married

Brooklyn Nets fans who are expecting big things from their team in the post-New Jersey era can rest assured knowing that the team’s owner feels the same. Mikhail Prokhorov expects the Nets to win a championship in the very near future. The Nets owner has vowed to deliver for the fans since he took over more than two years ago, and he took it a step further during a recent interview...
Via Larry Brown Sports
October 30, 2012  |  1 Comment
UNIFIED STEADY FLOW

Nets owner says he will rap with Jay-Z

When the Nets open their new stadium this fall, Jay-Z will not be the only part-owner of the Nets rapping on stage. 

Via Larry Brown Sports
August 06, 2012  |  Discuss
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