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May 13, 2010
New Jersey Nets CEO Brett Yormark defends Bruce Ratner as new owner Mikhail Prokhorov moves in
NY Daily News
by Julian Garcia
Brett Yormark redefines "toady."
Of all the reasons Nets fans are so optimistic these days, the fact that their team now has one of the richest owners in sports is at the top of the list. Mikhail Prokhorov, who officially took control of the franchise yesterday, is worth an estimated $13.4 billion, so spending mere millions on top players every year should not be a problem.
But Nets CEO Brett Yormark thinks that the team's former majority owner deserves some credit, too. After all, Yormark said that if not for Bruce Ratner, the Nets would not be moving to Brooklyn, where they are hopeful of becoming one of the marquee teams in the league.
..."There was an incredible amount of uncertainty with Brooklyn, and through Bruce's incredible efforts, (it got done)," Yormark said. "And he deserves all the credit in the world. No one thought he was going to get it done."
NoLandGrab: What? The project had the backing of three governors, the mayor, the Assembly speaker, the local U.S. senator, and the borough president, among others.
Posted by eric at May 13, 2010 10:34 AM