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January 13, 2005

Nets lose, eye moves to replace RJ

Asbury Park Press: The NJ Nets haven't thrown the towel in on the season. Amidst of strum und drang, Ratner names new Nets CEO.

New chairman
The Nets are close to naming Brett Yormark as their new CEO.

A spokesman for Nets owner Bruce Ratner said the deal "was not completed yet," but Yormark, 38, submitted his resignation as NASCAR vice president of corporate marketing on Tuesday to take the new job.

Yormark started his professional career as an accountant executive with the Nets in 1988. In 1994, he returned to the organization as vice president of sales.

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Posted by lumi at January 13, 2005 8:24 AM