Joe Tsai becomes sole owner of Nets

Basketball / NBA Aug 17, 2019

Joe Tsai becomes sole owner of Nets

Joe Tsai has agreed to buy the remaining 51 percent of the Brooklyn Nets and Barclays Center from Mikhail Prokhorov in deals that two people with knowledge of the details say are worth about $3.4 billion. Terms were not disclosed Friday, but the people told ...

Basketball / NBA Oct 28, 2017

Joseph Tsai agrees to buy 49 percent stake in Nets

A person with knowledge of the details said billionaire Joseph Tsai has agreed to purchase a 49 percent stake of the Brooklyn Nets from Mikhail Prokhorov, with the option to become controlling owner in four years. The franchise is being valued at $2.3 billion under ...

Islanders looking to leave Brooklyn for Queens

More Sports / Ice Hockey Jul 22, 2016

Islanders looking to leave Brooklyn for Queens

The New York Islanders are in talks with the owners of the New York Mets about building a hockey arena adjacent to Citi Field in Queens, people with knowledge of the discussions said. Willets Point is emerging as a persuasive alternative to the team's current ...