Joe Tsai close to acquiring 49 percent of the Nets with an option to take control in 2022
Tsai will pay $1.13 billion
Joe Tsai is close to acquiring 49% of the Nets.
Per Nets Daily, Multiple sources tell NetsDaily that the final deal between Mikhail Prokhorov and Joe Tsai is likely to be closed and announced in next week or so.
As the reported by ESPN in late October, Tsai will pay $1.13 billion for 49 percent of the Nets with an option to take control in 2022. Prokhorov will retain 100 percent ownership of Barclays Center and the other venues his Brooklyn Sports & Entertainment controls, including Nassau Coliseum
Per Nets Daily, Multiple sources tell NetsDaily that the final deal between Mikhail Prokhorov and Joe Tsai is likely to be closed and announced in next week or so.
As the reported by ESPN in late October, Tsai will pay $1.13 billion for 49 percent of the Nets with an option to take control in 2022. Prokhorov will retain 100 percent ownership of Barclays Center and the other venues his Brooklyn Sports & Entertainment controls, including Nassau Coliseum
E. Carchia
@Sportando
You must be registered to post a comment