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April 12, 2010

Analysis shows Nets lost $64M in latest fiscal year

SportsBusiness Journal
by John Lombardo

The expected closing of the New Jersey Nets sale to Mikhail Prokhorov comes after the team lost $64 million in the fiscal year that ended Jan. 31, 2010, based on a SportsBusiness Journal analysis of quarterly earnings filings by the team’s parent company.

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NoLandGrab: If Bruce Ratner manages Atlantic Yards as well as he's managed the Nets, watch out.

Posted by eric at April 12, 2010 9:57 AM