Prokhorov all in for Brooklyn, for now
Billionaire Nets Owner Expected to Control 100 Percent of Team, Arena
“All in for BKLYN” has been one of the New York Islanders’ campaign slogans during this historic inaugural campaign in our fair borough.
It can also be used to describe billionaire Nets owner Mikhail Prokhorov’s apparent interest in controlling 100 percent of the Brooklyn franchise, as well as Downtown’s Barclays Center.
According to a report from Bloomberg News Wednesday, Prokhorov, who currently owns 80 percent of the Nets and 45 percent of the state-of-the-art arena on the corners of Atlantic and Flatbush avenues, is nearing completion of a deal with Nets minority owner Bruce Ratner and his Forest City development group.