The Brooklyn Nets may soon become a Russian subsidiary
Russian billionaire businessman Mikhail Prokhorov is worth $10.4 billion. Nearly a billion of that is invested in the Brooklyn Nets, Now Prokhorov is transferring ownership to Russia. T
he Nets, valued at $780 million, make the team the fifth most valuable franchise in the National Basketball Association but Prokhorov’s Nets could be vulnerable to economic sanctions against Russia over its takeover of Crimea.
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