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June 27, 2009
New Jersey Nets creating new identity in wake of Vince Carter trade
The Star Ledger
By Dave D'Alessandro
This article looks at what some of the team-building possibilities might be for the New Jersey Nets. The most interesting part is in the "Notes" section at the bottom of the article that show the difficulty team owner and blight-inducer Bruce Ratner continues to have in moving his team to Brooklyn.
The worst-kept secret in the NBA is that Nets owner Bruce Ratner needs investors to defray his operating costs, as the team has lost upwards of $35 million every year he's owned it. SI.com listed two viable candidates Friday: Brooklyn investor Vinny Viola, and Russian billionaire Mikhail Prokhorov.
The team did not deny that Ratner needs help getting the team to Brooklyn, but CEO Brett Yormark would only confirm that "we have received interest from potential investors" and "that interest is growing as it is clear that we are moving to Brooklyn."
Posted by steve at June 27, 2009 7:46 AM