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April 13, 2010
Nets Are Looking Ahead to a Fresh Start in a New Home
The New York Times
By Jonathan Abrams
This take on the Nets' last game ever at the Izod Center explains the lack of nostalgia.
The Nets join several New York-area sports teams — the Yankees and Mets and Giants and Jets — to find a new home. But the Nets’ departure is different. They announced intentions to move to Brooklyn several years ago, ostracizing much of the fan base.
Since then, the organization slashed payroll and traded recognizable faces. They lost millions of dollars each year while performing for what can kindly be described as a tidy crowd.
In an addendum to this article, the issue of Mikhail Prokhorov's alleged dealings with Robert Mugabe was addressed. Guess what -- the NBA says there's no problem. Hopefully, the Treasury Department will heed Congressman Bill Pascrell's call for a real review of Prokhorov's Zimbabwe dealings.
An N.B.A. spokesman said the Russian oligarch Mikhail D. Prokhorov was still on pace to acquire majority ownership of the Nets, despite a congressman’s denouncing Prokhorov’s dealings in Zimbabwe. “U.S. companies are not prohibited from conducting business with specifically identified individuals or entities in that country,” the spokesman Mike Bass said in a statement. “The N.B.A. is aware of no information that Mr. Prokhorov is engaged in business dealings with any of these individuals or entities.” The response followed a New York Post article that stated that Representative Bill Pascrell, a New Jersey Democrat, asked for Prokhorov to be investigated for violating economic sanctions with business in Zimbabwe. Prokhorov’s Onexim Group called it “erroneous media reports.”
Posted by steve at April 13, 2010 9:44 AM