Prokhorov: Title Is "Sole Criterion"

NEW YORK - MAY 18: (EXCLUSIVE) Nets owner Mikhail Prokhorov with cultural icon and Nets investor JAY-Z celebrate Prokhorov's purchase of the team at lunch today at JAY-Z's 40/40 club on May 18, 2010 in New York City. Prokhorov is representing the Nets tonight at the NBA Draft Lottery in which the team could secure the first pick. (Photo by Larry Busacca/Getty Images for New Jersey Nets)

In a profile of Mikhail Prokhorov and Jay-Z, Danny Massey of Crain's New York asked the Nets principal owner if he's concerned about a big luxury tax bill this season. Disdain is not too strong a word to describe his reaction.

"I'm willing to spend the money to build a championship team. Not a playoff team, but a championship team," Prokhorov told Massey. "I am only interested in what will bring us a championship team. That is the sole criterion."

Besides, as Prokhorov told Massey, the value of his investment in the team and arena, helped by Jay-Z and the Brooklyn buzz, is "worth at least double already." And Prokhorov plans something that could add to its luster. He promises to rap with Jay-Z on September 28. "I am in rehearsals now 10 hours a day and plan to demand joint billing." He's kidding, right?

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join NetsDaily

You must be a member of NetsDaily to participate.

We have our own Community Guidelines at NetsDaily. You should read them.

Join NetsDaily

You must be a member of NetsDaily to participate.

We have our own Community Guidelines at NetsDaily. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker