Russian Billionaire Reaches Deal to Buy Nets

Wednesday, September 23, 2009

Russian billionaire Mikhail D. Prokhorov has signed a $200 million deal to become the principal owner of the New Jersey Nets and an investor in the team's arena planned in Brooklyn. Prokhorov, 44, is an industrialist with a net worth of $9.5 billion who is 6 foot 8 inches tall.

Posted by rcade at 07:02 PM | 15 COMMENTS | permalink | Comment on This Entry

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rcade

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Zzzzzzzzz

Posted by COMMONSENSE at 2009-09-23 07:05 PM | Reply | Flag:

Why?

Posted by Manypaths at 2009-09-23 07:07 PM | Reply | Flag:

Why?

#2 | Posted by Manypaths at 2009-09-23 07:07 PM | Reply | Flag:

The Russian Mafia has to come up with some way to launder their money.

Posted by TaoWarrior at 2009-09-23 07:16 PM | Reply | Flag:

Brighton Beach Nets?

Posted by jackass at 2009-09-23 07:17 PM | Reply | Flag:

New Jersey Nyets works for me.

Posted by reinheitsgebot at 2009-09-23 07:24 PM | Reply | Flag:

If he pays more than a nickel for a stupid NBA team he will be over paying.

Posted by fwthom at 2009-09-23 07:33 PM | Reply | Flag:

Rubin & Summers set these billionaires up, collapsing the Russian economy, which finished Yeltsin.

Sound familiar?

Posted by nutcase at 2009-09-23 09:54 PM | Reply | Flag:

Well hopefully he will be a better owner...then the previous party.

You know Jon Corslime and Charles Kersner?? You have to love the left's selective memory....

Posted by DavetheWave at 2009-09-24 07:04 AM | Reply | Flag:

Me thinks he wants to play in the NBA. He never could play worth a shit so he just bought the team. Capitalism is alive and well in Russia.

Posted by RingMaster at 2009-09-24 09:20 AM | Reply | Flag:

Roman Abromavich without the passion... This won't end well for the Nets.

I think it is exciting when rich oligarchs buy clubs, but they inevitably tire of the day-to-day running of a franchise and the moment it starts to lose profitability they lose intrest and the team goes to shit.

Of course some come to the game with an understanding that winning trophys will cost money, a lot of money. You can buy a championship, but you're gonna pay for it! Then when you do opposing fans still get to gloat:

Hollow
Hollow
Hollowwww
New Jerski's sucess is fucking hollow
All that money you took
From a big Russian crook
And you'll never win three in a row oo oo

Posted by BluSky at 2009-09-24 10:37 AM | Reply | Flag:

The Nets are a much better run organization than the Knicks and will probably be worth alot more once they move. For some reason, alot of New Jersey residents have a self-loathing thing when it comes to sports teams. They think it is cooler to root for NY teams - even an organization that is reprehensible from top to bottom like the Knicks. I would bet "Brooklyn" will be seen as even cooler than "NY" to this type of fan.

Posted by Sully at 2009-09-24 11:49 AM | Reply | Flag:

New Jersey Nyets works for me. -- #5 | Posted by reinheitsgebot

FF for Reinheit!

Posted by Phoenix at 2009-09-24 05:22 PM | Reply | Flag:

You have to love the left's selective memory....

The left?

This is a thread about Russkies and basketball.

Did you mean left guard or left forward?

Posted by silver_ironist at 2009-09-24 08:11 PM | Reply | Flag:

The left ignoring WHO previously tried to purchase the nets

enlightennj.blogspot.com

Jon Corzine hooks up with wealthy New Jersey businessman and major contributor to the Democrat Party, Charles Kushner to buy the Nets. The duo looked to the State of New Jersey for a bit of help with financing:

You know the guy corzine named as head of the NY/NJ port authority? The one caught in the Machiavelli scam with McGreevy?

www.nj.com

Sooo don't you think corslime knew he was dirty? The behind the scene head of NJ democrats???

Posted by DavetheWave at 2009-09-24 09:19 PM | Reply | Flag:

I know to the left whatever contradictory things said or done by their leaders are forgotten, from a second ago, much less years ago!

Posted by DavetheWave at 2009-09-24 09:21 PM | Reply | Flag: