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Joseph Tsai, a co-founder of Alibaba, is nearing a deal that would give him full ownership of the N.B.A.'s Brooklyn Nets

Hang Up and Listen w @stefanfatsis  and Vinson Cunningham on Jay-Z and the NFL, Joseph Tsai buying the Brooklyn Nets, and the words we'd like to ban from the sports lexicon

Joseph Tsai has agreed to purchase the Brooklyn Nets and Barclays Center in a deal that allows Russian billionaire Mikhail Prokhorov to retain control of NYCB Live’s Nassau Coliseum: | @jimbaumbach 

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Alibaba Co-Founder to Take Over as Brooklyn Nets Sole Owner In a deal with soon-to-be former owner Mikhail Prokhorov, Joseph Tsai also now owns Brooklyn's Barclays Center. The sale only needs approval by the NBA's Board of Governors to become official. Thoughts??

$2.35 billion. 🤯 Joseph Tsai has finalized a deal that makes him the sole owner of the Nets and Barclays Center.

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Joseph Tsai will reportedly pay the highest price EVER for a sports franchise purchasing the Brooklyn Nets 😳 ➡️

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Joseph Tsai is close to signing a deal to buy remaining 51% of the Brooklyn Nets for $2.35 billion, would be highest transaction ever paid for a sports franchise, per @NYPost_Lewis , @joshkosman 

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Alibaba billionaire Joseph Tsai is buying out the Brooklyn Nets in a $2.35 billion deal, and it's the highest price ever paid for a sports franchise

Alibaba co-founder Joseph Tsai is close to becoming majority owner of the Brooklyn Nets in a deal that would mark the highest price ever paid for a U.S. professional sports franchise

Joseph Tsai is reportedly nearing a deal to purchase the remaining 51% of the Nets for a record $2.35 billion

Joseph Tsai reportedly on the brink of buying the rest of the Nets that will value the team at $2.35 Billion. Just 15 years ago, Forbes numbers suggested that new Nets owner Bruce Ratner was overpaying by buying the Nets for $300 million!

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With new NBA money coming in, and owners like Joseph Tsai in Brooklyn and Steve Ballmer in LA landing the big free agents, the NBA is going to have to hire full time people to check on potential salary cap violations and under the table dealings. Everything has to be disclosed.

AP source: Brooklyn Nets minority owner Joseph Tsai is close to adding another New York team to his sports portfolio: The New York Liberty of the WNBA. From :

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