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Done Deal - "See You at the Lottery"

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CBS News
CBS News

Mikhail Dmitrievich Prokhorov is the owner of the New Jersey Nets.  Prokhorov and Bruce Ratner's corporate parent closed the deal at 12:30 p.m. Wednesday.  Prokhorov is officially the principal owner of the Nets and his Onexim Sports and Entertainment Holdings USA controls 80% of the team and 45% of Barclays Center.

“This much-anticipated day has finally come and now the real fun begins of building a championship team with a state-of-the-art home in the Barclays Center at Atlantic Yards,” said the new owner in a statement.

“It’s a wonderful opportunity to combine great sports and good business, and I look forward to working with Bruce Ratner and Forest City and with the Nets organization as we move ahead,  To the fans, whether in New Jersey, Brooklyn, or Moscow, I will do everything I can to give you a winning team. See you at the Draft Lottery.”

Prokhorov will hold an introductory press conference in Manhattan next Wednesday.

  • Done Deal: Mikhail Prokhorov Owns the New Jersey Nets - Dave D'Alessandro - Nets Blast
  • Mikhail’s Team - Al Iannazzone - In the 'Zzone
  • Prokhorov: 'See you at the draft lottery' - Julian Garcia - The InterNets
  • Netsky prospect: Russian mogul brings pro basketball closer to Brooklyn - Editorial - New York Daily News
  • Russian billionaire closes deal to buy Nets and move club to Brooklyn - Rich Calder - New York Post
  • Sale of New Jersey Nets to Russian billionaire complete - AP
  • NETS: Prokhorov and FCRC Announce Closing on Partnership - New Jersey Nets
  • Forest City Announces Closing of Agreement with Mikhail Prokhorov - Forest City Enterprises
  • Russian billionaire closes Nets deal with Forest City subsidiary - Michelle Jarboe - Cleveland Plain-Dealer