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Russian Tycoon Makes Bid for NJ Nets

NBA team could be first to go under foreign ownership

By Nick McMaster, Newser Staff

Posted Sep 22, 2009 5:55 PM CDT

(Newser) – A Russian tycoon has made a bid for a controlling stake in the New Jersey Nets, in what could become the first instance of foreign ownership of an NBA club, Reuters reports. Mikhail Prokhorov, Russia’s richest man, said on his blog that his Onexmi... Read full story »

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Russian Tycoon Makes Bid for NJ Nets

NBA team could be first to go under foreign ownership

Russia • NBA • basketball • New Jersey Nets • tycoon • commodity prices

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