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.
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!