Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Russian Billionaire buy New Jersey Nets
The New York Post ^ | 9-24-09 | Stephen Witt

Posted on 09/25/2009 2:55:23 PM PDT by Justaham

And now, here’s your Brooklyn Nyets!

As this paper went to press, it was announced that Russian billionaire Mikhail Prokhorov will take over as majority owner of the NBA’s Nets team from Forest City Ratner as the franchise readies for their controversial move to the Atlantic/Flatbush avenues intersection in Brooklyn.

Prokhorov, an avid sportsman, and his company Onexim Group made their fortune primarily through gold, metals and mining in Russia.

Under the agreement, Onexim will invest $200 million and make certain contingent funding commitments to acquire 45 percent of the arena project and 80 percent of the NBA team, and the right to purchase up to 20 percent of 22-acre Atlantic Yards Development Company, which will develop the non-arena real estate.

(Excerpt) Read more at nypost.com ...


TOPICS: Miscellaneous; Sports
KEYWORDS: billionaires; nba; prokhorov

1 posted on 09/25/2009 2:55:23 PM PDT by Justaham
[ Post Reply | Private Reply | View Replies]

To: Justaham

Serves New Jersey right. They’ve voted for socialist politicians for years...now they’ve got a team owned by a guy from a commie country.

(Props to the Russian, though—I bet he is capitalist through and through. I just am glad to see someone teaching the lamebrains in Jersey how it is done!)


2 posted on 09/25/2009 3:00:11 PM PDT by Recovering_Democrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Justaham

I heard Curtis Sliwa last night saying this guy ran a prostitution ring.


3 posted on 09/25/2009 3:01:44 PM PDT by word_warrior_bob (You can now see my amazing doggie and new puppy on my homepage!! Come say hello to Jake & Sonny)
[ Post Reply | Private Reply | To 1 | View Replies]

To: word_warrior_bob

Wow...and here we always worried about the ITALIAN mafia taking over sports!


4 posted on 09/25/2009 3:02:53 PM PDT by Radl
[ Post Reply | Private Reply | To 3 | View Replies]

To: Justaham

“In Russia - YOU get dunked through hoops!” - < /Yakoff >


5 posted on 09/25/2009 3:04:13 PM PDT by Extremely Extreme Extremist (90% of the fedgov is unconstitutional. The other 10% besides the military doesnt know what it's doin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: word_warrior_bob

Then he’ll fight right in with his comrades at Brighton Beach.


6 posted on 09/25/2009 3:05:28 PM PDT by Proud_USA_Republican ("The problem with socialism is that you eventually run out of other people's money.")
[ Post Reply | Private Reply | To 3 | View Replies]

To: Justaham

Never cared for tree hockey


7 posted on 09/25/2009 3:12:08 PM PDT by shadowcat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Justaham

8 posted on 09/25/2009 3:16:48 PM PDT by Daffynition (What's all this about hellfire and Dalmatians?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Justaham
Aha! Now we know what the quid pro quo was for removing the missile installations in Poland and the Czech Republic.
9 posted on 09/25/2009 3:20:24 PM PDT by kabar
[ Post Reply | Private Reply | To 1 | View Replies]

To: Recovering_Democrat
he's prolly a criminal, but no commie...
10 posted on 09/25/2009 4:04:34 PM PDT by Chode (American Hedonist *DTOM* -ww- I AM JIM THOMPSON!)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson