Connect with us

Headlines

Source: Multiple Groups Interested in Purchasing Nets

Basketball Insiders

Published

on

There’s no official sale book bouncing around yet when it comes to the Brooklyn Nets, but already the investment bank Allen & Co. has received several expressions of interest, The Post has learned.

The basketball team owned by billionaire Russian Mikhail Prokhorov hoped to fetch around $2 billion, but we hear one interested party has been trying to box out others in the sale process.

A source told On the Money that Alibaba Executive Vice Chairman Joe Tsai has expressed an interest in the team, though reps for his family office, Blue Pool, deny it.

Reports suggest the Nets want to find a Chinese backer — not surprising given the success of Yao Ming with the Houston Rockets, which are also for sale.

Source: Josh Kosman of the New York Post

Advertisement




Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

2018 NBA Draft Diary

Sources: Kawhi Leonard ‘irate’ with Spurs

Basketball Insiders

Published

on

San Antonio Spurs coach Gregg Popovich traveled Tuesday to Southern California and met with Kawhi Leonard prior to Thursday’s NBA draft, league sources told ESPN.

Leonard had told confidants that he did not want to sit down with Popovich and has been purposely difficult for the Spurs to reach recently. Among the issues, Leonard is angry over what he believes was the Spurs’ mishandling of his quad injury, and he remains irate with public comments from teammate Tony Parker and Popovich that he felt were not supportive of him, league sources said.

So far, the Spurs have been largely reluctant to give teams guidance on the players, or packages, that would interest them in trades, sources said.

Sources: Adrian Wojnarowski and Ramona Shelburne of ESPN

Continue Reading

2018 NBA Draft Diary

Sources: 76ers Interested in Moving into Top 5

Basketball Insiders

Published

on

As Jeremy alludes to, the Sixers are indeed continuing calls about moving into the Top 5. They have offered packages of picks, but have thus far rebuked including oft-mentioned Robert Covington and Dario Saric, per sources.

Source: Jake Fischer on Twitter

Continue Reading

2018 NBA Draft Diary

Sources: Trae Young Had ‘secret workout’ with Cavaliers Saturday

Basketball Insiders

Published

on

Source: Trae Young conducted a secret workout with the Cavs on Saturday. If Michael Porter is gone, it seems to be a toss-up at the moment between Young and Shai Gilgeous-Alexander for Cleveland at #8. We’ve given Shai the nod in our latest mock today:

Source: Jonathan Givony on Twitter

Continue Reading
Advertisement

NBA Team Salaries

Advertisement
Advertisement
Advertisement

Trending Now