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The Latest on Nets' Losses

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CBS Sports--and NetsDaily--have previously reported on the steep decline in Nets ticket sales. Now, data released Friday by Bruce Ratner's parent company provides new details on the Nets' overall finances through January. The data--released because Forest City agreed to sell 80% of the team to Mikhail Prokhorov--shows the Nets lost $136.6 million the last two years, half of which Brett Yormark called paper losses.

                                                                                                                                                                                                               

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