Brooklyn Nets for Sale; Mikhail Prokhorov Open to Offers
Mikhail Prokhorov is interested in hearing from potential buyers for the Brooklyn Nets, but a spokesperson for the Russian billionaire said Tuesday no sale is imminent.
Mikhail Prokhorov is interested in hearing from potential buyers for the Brooklyn Nets, but a spokesperson for the Russian billionaire said Tuesday no sale is imminent. Prokhorov bought 80% of the team and 45% of Barclays Center in Brooklyn in 2010. He said earlier this season he was willing to listen to offers for a minority share of the club but wouldn't sell his majority stake. He had set a goal of winning a championship within five years, but the Nets have gotten nowhere close despite the NBA's highest payroll. They are 16-22 this season, losers of six straight, a season after ESPN.com reported that the Nets' basketball operations department lost $144 million.









