In an extensive interview with a Russian business magazine, Irina Pavlova says that while the Nets aren't making money (yet), the value of the team is now between $700 and $800 million, up from the $220 million Mikhail Prokhorov laid out in 2010.
We don't think Nets fashion would be featured on the "Style and Travel" page of the Wall Street Journal if they were still at IZOD Center, despite that arena's fashion connection. But now that they are in Brooklyn (New York), they are.
Mikhail Prokhorov graces the cover of Forbes billiionaire edition, the one that ranks the richest people on earth. In this year's list, Prokhorov ranks 69th, down from 58th, but still worth $13 billion. In Forbes he talks about his passion, the Nets
Mikhail Prokhorov told reporters Saturday that he wants to lead "a third power" in Russia, competing with the Kremlin and the opposition. He also reiterated he will be leaving business. Nets officials say it will not affect his ownership of the Nets.
For years, they've waited and on Monday night, more than 5,000 Nets fans, season ticket holders with special passes got the run of Barclays Centers, spending two hours inside. For most, it was their first look inside and for most, the word was wow.
WNYC reports Monday on how Nets tickets have become a hot commodity this fall. With the team passing the 10,000 season ticket mark, sports analysts are praising the Nets marketing effort, especially considering the roster's uncertainty in July.
Documents made part of the Nets application for liquor licenses at Barclays Center show that Jay-Z is now a director of the arena and suggests a larger role as well for Milton Lee in the Mikhail Prokhorov company that owns the Nets.
In our latest Off-Season Report, we take a long look at the status of Gerald Wallace's extension and Dwightmare II; examine an Eastern European Quartet of Nets targets; identify our Draft Sleeper of the Week; put a rest to rumors that Mikhail Prokhorov wants to be mayor of Moscow; serve up the latest video of Barclays Center we shot Wednesday.
The Nets rep in the Draft Lottery will go into Wednesday night with no special memento, just positive thoughts. "I don't have a good luck charm," Irina Pavlova told NetsDaily Tuesday, "But I'm a big believer in the power of positive thinking and intuition. And both are telling me we're gonna do well tomorrow! I really do believe there are great things just ahead of us!"
Irina Pavlova, president of Mikhail Prokhorov's Onexim Sports & Entertainment US, will have the seat of honor at the NBA Draft Lottery on Wednesday. Pavlova will try to do what no Nets executive or owner, including Prokhorov and Jay-Z, has done since 2000, move up in the Draft.
