« Panel discusses CBA reforms; in successful West Coast CBAs, signatories don't take developer cash; developer pays upfront for affordable housing | Main | Atlantic Yards Hits Air-Rights Turbulence »
May 18, 2010
SBJ: New owner Prokhorov quickly becomes face of Nets
SportsBusiness Journal via SportingNews.com
by John Lombardo
Welcome to the Mikhail Prokhorov era.
The New Jersey Nets are wasting no time trying to recast themselves. The hapless franchise that lost $64 million is undergoing a transformation under the new ownership as the Russian Prokhorov finally takes control of the team.
One thing that doesn't appear to be changing is Brett Yormark's role as the Nets' prevaricator-in-chief.
"Our fans are really excited about our fresh start, from new ownership, to the draft lottery, to a new coach, to free agency and to a new home," said Brett Yormark, president of Nets Sports and Entertainment. "We're off to the best start in new season-ticket sales in team history, in large part because our fans see how committed ownership is to winning and because we have such a compelling story to tell."
OK, wait for it...
Yormark did not disclose the new ticket sales numbers.
Posted by eric at May 18, 2010 11:43 AM