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Tsai is expected to pay $2.35 billion to become the 5th Asian Professional
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Topic: Tsai is expected to pay $2.35 billion to become the 5th Asian Professional (Read 479 times)
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theking
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Tsai is expected to pay $2.35 billion to become the 5th Asian Professional
«
on:
August 14, 2019, 01:50:27 AM »
...sports owner?
:
As the Brooklyn Nets launch a new era of basketball with Kevin Durant and Kyrie Irving, it appears they’ll be doing so under new ownership.
Billionaire Joseph Tsai is finalizing a deal with controlling owner Mikhail Prokhorov to buy full ownership of the team, The New York Post reports.
Tsai already owns 49 percent of the Nets. A deal announcing that he has purchased the remaining 51 percent stake is expected to be announced later this week, according to the report.
The expected full $2.35 billion purchase price of the team would be the highest price ever paid for a sports franchise, according to the report.
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Tsai is expected to pay $2.35 billion to become the 5th Asian Professional
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