PebHmong Discussion Forum

General Category => General Discussion => Topic started by: theking on August 14, 2019, 01:50:27 AM

Title: Tsai is expected to pay $2.35 billion to become the 5th Asian Professional
Post by: theking 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.

(https://s.yimg.com/it/api/res/1.2/8ZGnJ6GtDD5qtvjNijrFww--~A/YXBwaWQ9eW5ld3M7c209MTt3PTgwMA--/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-08/81fd9440-be3e-11e9-9dbc-eee04530dbca)