Prokhorov Purchase of Nets May Have Been NBA's Biggest Bargain

In an article on the NBA's new owners, Jonathan Abrams singles out Mikhail Prokhorov's purchase of the Nets as the big bargain in recent team sales.

"Mikhail Prokhorov paid $100 million less for the Nets than the $300 million Bruce Ratner paid in 2004, and received a majority stake of the franchise and 45 percent of the years-awaited Barclays Center in Brooklyn," writes Abrams. Michael Jordan, who bought the lowly Bobcats, paid $25 million less than Bob Johnson paid to enter the NBA. The Hornets, bought by the NBA; Hawks and 76ers also sold at a discount...and without much cash outlay, Abrams notes.

Abrams writes that while Prokhorov and the other new owners may not have that much to say in the CBA negotiations --the owners work on a seniority system, he quotes David Stern as saying as a bloc, "they are of the view that a better financial profile for our teams is something to be desired in these collective bargaining negotiations."

• Meet Your New NBA owners - Jonathan Abrams - Grantland
• The Impact Of Ownership - Jonathan Tjarks - RealGM