Wednesday, January 14, 2015

Nets Owner Prokhorov; Was It Ever Really About A Championship?

 Let's face it. You don't become a billionaire by being stupid!  The Nets owner is no exception. Prokhorov who owns the team and 45 % of Barclays, purchased  his interest for $223 million about 4 yrs ago. While the Nets have not lived up to expectations, the team's value has.
  Reports that Prokhorov  is looking to "cash out" are all over the internet. Has he lost interest, is it  the tightening up of the Russian financial markets or  is it  the lure of making a huge windfall? Or all 3?  His interest could well be worth north of a billion. Not bad for the former "NJ Nets"! 
  My prediction $2billion...Only in America!!!!

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