[Ed. – Interesting timing. Mikhail Prokhorov owned Renaissance Capital, the firm that paid Bill Clinton $500K for a speech in 2010 just before Hillary’s State Department signed off on the Uranium One deal. But that’s just the beginning; Prokhorov was also the owner of the Russian media outlet that originally seeded the “Russian trolls on Facebook” theme in 2017. Hillary rented space for her 2016 campaign at his Barclays Arena/Atlantic Yards property, in a building owned by his partner Bruce Ratner. On the more interesting NBA side of things, of course, the Nets bagged Kevin Durant and Kyrie Irving in the recent transfer period. New horizons?]
Joseph Tsai, co-founder of Chinese e-commerce giant Alibaba, has made a deal to purchase full control of the NBA’s Brooklyn Nets from Russian businessman Mikhail Prokhorov, the club announced Friday.
The Nets said Prokhorov has made an agreement with the Taiwanese-Canadian businessman to sell the Barclays Center arena and his 51 percent controling interest in the Nets. …
The deal, according to multiple reports, will cost Tsai $2.35 billion, the highest price ever paid for a US sports team.