Mikhail Prokhorov plans to retain control of Nets
As of the game on Monday in the Barkley Center Prokhorov told to the media team that he is still retain control of the Nets.
Prokhorov, who bought the Nets in 2010 for $223 million, currently owns 80 percent of the team and has a 45 percent stake in the Barclays Center.
He mentioned to NBA Commissioned Adam Silver he still in control of the Nets. According to
ESPN.com had reported that the Nets' basketball operations department lost $144 million last season. Russian billionaire Prokhorov ''It's not a big deal just because I personally compensated this money from my pocket and that's why I will keep the structure for the time being."
As of the game on Monday in the Barkley Center Prokhorov told to the media team that he is still retain control of the Nets.
Prokhorov, who bought the Nets in 2010 for $223 million, currently owns 80 percent of the team and has a 45 percent stake in the Barclays Center.
He mentioned to NBA Commissioned Adam Silver he still in control of the Nets. According to
ESPN.com had reported that the Nets' basketball operations department lost $144 million last season. Russian billionaire Prokhorov ''It's not a big deal just because I personally compensated this money from my pocket and that's why I will keep the structure for the time being."
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