Despite soaring losses in New Jersey, Mikhail Prokhorov told the Moscow Times he expects the Nets to be profitable their first season in Brooklyn...2011-12. Russia's richest man added that he won't put up any of his own money up in the Nets deal, but will instead borrow it. Regarding next week's Court of Appeals hearing, Prokhorov said "We don’t see any problems" but critics plan to file yet another suit to stop the move.
- Prokhorov Says Nets Will Make Profit in 2011-12 - Nadia Popova - Moscow Times
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- Nets Provide Most Detailed Look At Sports Franchise Yet - Darren Rovell - CNBC