Skip to content

Report: With Clippers fetching $2 billion, Nets owner Prokhorov listening to offers. Doubt he’s alone.

Jun 14, 2014, 7:16 PM EDT

Russians Go To The Polls In Presidential Election Getty Images

After the Milwaukee Bucks sold for $550 million, then weeks later former Microsoft CEO Steve Ballmer agreed to buy the Los Angeles Clippers for $2 billion, 29 other NBA owners got a big smile on their face. The rich are getting richer.

With the size of those numbers more than a few might put some feelers out in market — you don’t get rich enough to own an NBA team not thinking about how to turn a profit on your investments, and there’s a lot of profit in the NBA right now. One of those guys looking around is Nets owner Mikhail Prokhorov, reports Adrian Wojnarowski at Yahoo Sports.

In the wake of the Los Angeles Clippers selling for a league-record $2 billion, Russian billionaire Mikhail Prokhorov has been open to overtures from potential buyers for the Brooklyn Nets, league sources told Yahoo Sports.

“Just listening so far,” a league official with direct knowledge told Yahoo Sports. “They haven’t indicated a desire or willingness to sell. …Nothing was initiated by [Prokhorov].”

If the Clippers are worth $2 billion, the Nets should be worth at least that much.

Prokhorov is worth $11 billion, according to Forbes Magazine. Prokhorov purchased his share of the Nets for $223 million (he owns 80 percent of the team), but since then he has moved the team to the news and more profitable Barclay’s Center in Brooklyn (he owns 45 percent of that also). Which is in the nation’s largest media market. The team’s value has gone up.

Enough that the Russian oligarch might sell?

Who knows? But you can be sure he’s not the only one listening to offers right now. That’s a lot of scratch, even to already rich guys.

Latest Posts
  1. Anonymous GM: If Brook Lopez wants to stay with Nets, ‘he should be able to get whatever he wants’

    Apr 28, 2015, 1:40 PM EDT

    Atlanta Hawks v Brooklyn Nets Getty Images

    Lopez has a player option for $16.7 million next season, but could opt out to re-sign a longer deal this summer — with Brooklyn, or with someone else.

  2. No Kevin Love, no J.R. Smith to start, how much trouble is Cleveland in?

    Apr 28, 2015, 12:30 PM EDT

    cd0ymzcznguwzdbhnduynddiytjhm2yyzthlmtjjotqwyyznpwzjymvhyzgwzgy5njixztvmzwrlzgzmymqxyza3ytg51 AP

    The second round of the Eastern Conference playoffs just got very, very interesting.

  3. Jarrett Jack fires back at Paul Pierce after Deron Williams’ breakout Game 4 performance

    Apr 28, 2015, 11:10 AM EDT

    Deron Williams, Paul Pierce AP

    Williams silenced his critics with a 35-point outing, and Jack had some words for Pierce afterward.

  4. Jason Kidd makes aggressive timeout call late in Bucks’ win over Bulls (VIDEO)

    Apr 28, 2015, 9:50 AM EDT

    Milwaukee Bucks v Chicago Bulls - Game Five Getty Images

    Kidd jumped up and down to make sure to get the timeout he wanted.

  5. PBT Extra: Rockets must adjust to new Mavericks starting lineup in Game 5

    Apr 28, 2015, 8:00 AM EDT

    Dirk Nowitzki, J.J. Barea Dirk Nowitzki, J.J. Barea

    Houston needs to make adjustments to the new Dallas starting lineup.

  6. Portland comes from 10 down in fourth quarter to win 99-92, stay alive in series

    Apr 28, 2015, 2:13 AM EDT

    Memphis Grizzlies v Portland Trail Blazers - Game Four Getty Images

    Without Mike Conley to check him Damian Lillard ran free.

  7. PBT Extra with NBASavant.com: Wizard’s defense peaking at right time

    Apr 27, 2015, 9:01 PM EDT

    Toronto Raptors v Washington Wizards - Game Four Toronto Raptors v Washington Wizards - Game Four

    Washington’s averaged defender distance to the Toronto shooter was 3.55 feet, the closest defense any team played in the first round of the playoffs.

  8. Report: Chandler Parsons to have knee surgery, could require microfracture surgery

    Apr 27, 2015, 7:58 PM EDT

    Dallas Mavericks v Houston Rockets- Game One Getty Images

    The doctor will decide if microfracture is needed while doing a scope.

  9. Cavaliers’ J.R. Smith gets two-game suspension for shot to Jae Crowder’s head

    Apr 27, 2015, 7:17 PM EDT

    Cleveland Cavaliers Vs. Boston Celtics At TD Garden Getty Images

    The Cavs will be without two starters for the first two games of next round.

  10. PBT Extra with NBASavant.com: Draymond Green helped hold Anthony Davis in relative check

    Apr 27, 2015, 6:59 PM EDT

    Golden State Warriors v New Orleans Pelicans - Game Four Getty Images

    Davis was +35 when playing while Green sat, -55 while Green was on the court at the same time.

  11. Cavaliers’ Kevin Love out for entire conference semifinals (likely vs. Bulls)

    Apr 27, 2015, 6:22 PM EDT

    Cleveland Cavaliers v Boston Celtics - Game Four Getty Images

    He would have been key against the Bulls to help space the floor.

Featured video

Boston defended LeBron well, it didn't matter
Top 10 NBA Player Searches
  1. R. Rondo (5120)
  2. C. Parsons (4049)
  3. K. Durant (3723)
  4. K. Love (3659)
  5. K. Bryant (3537)
  1. T. Parker (3530)
  2. M. Conley (3526)
  3. P. George (3329)
  4. D. Lee (3288)
  5. P. Beverley (3184)