Tag Archives: Profit Loss

Mikhail Prokhorov Decides To Sell Brooklyn Nets

The Russian billionaire Mikhail Prokhorov has decided to sell the Brooklyn Nets according to Bloomberg News. The billionaire has decided to move on from basketball it seems. Prokhorov initially bought the team with a majority ownership in May 2010 for … Continue reading »

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Future Of Nets Owner After Losing $144 Million

It is well known to the majority of NBA fans that Brooklyn Nets owner Mikhail Prokhorov is essentially made of money, with a net worth of $13 billion. This excited Nets fans because Prokhorov gives the organization much more flexibility … Continue reading »

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