Adrian Wojnarowski reports Mikhail Prokhorov’s bid for the Nets should be approved sometime after Jan. 1, quoting an NBA official saying, "He’s already checked out with the league through the FBI". But Mark Cuban says he has "no idea" when it'll happen. Meanwhile, a finance magazine reports Prokhorov will back some of the arena bonds and if they default, he'd gain control of Barclays Center as well as the team.
- Could Prokhorov become majority owner of the arena, too? If he buys the subordinated bonds and they fail, so it seems - Norman Oder