The Star-Ledger reports the final piece in the Nets/Mavs trade is Mikhail Prokhorov's approval, expected to be a "formality". Prokhorov hasn't been approved by the NBA's Board of Governors, but as part of the Barclays Center closing, he agreed to take on up to $60 million in Nets' losses the next two years. The trade, in particular the Nets' agreement to take on Shawne Williams' contract, will add to the payroll.
- Nets Trade Pending Prokhorov's Sign-Off? - Dave D'Alessandro - Star-Ledger (via HoopsWorld)
- Humphries Trade 101 - Net Income - NetsDaily Blog