Mikhail Prokhorov bought 80% of the Nets in 2010. A couple years ago, he tried to sell his stake, but decided to keep it. Then, he bought 100% of the franchise and its arena. After last season, he said he was selling 49% of the team.
Josh Kosman and Brian Lewis of the New York Post:
Brooklyn Nets owner Mikhail Prokhorov, while focused on selling a minority stake in the franchise, has warmed recently to the possibility of offering a controlling slice of the team, sources close to the situation said.
The change of heart comes after the initial reaction to the minority stake sale was weak — and with interest in the Houston Rockets sale heating up, one source said.
The Rockets’ sale could shake out potential Nets buyers, and Prokhorov selling a controlling stake could also help. It’d cost more money than the 49% he’s offering now, but people with the money to buy an NBA team tend to value control.
This might be a good time to sell for Prokhorov, who lost a ton of money as the team paid major luxury tax for an all-in championship pursuit that flopped spectacularly. The NBA’s popularity is rising, and the league is reaping huge revenue from its national-TV contracts.
However, he shouldn’t assume the Rockets’ sale price will predict the Nets’. Buyers might prefer a good team with James Harden and Chris Paul to a bad one short on young talent after years of mismanagement. At least Brooklyn’s payroll is now tolerably low.
The big loser here: Leslie Alexander, who’s trying to sell the Rockets. The supply of NBA teams now available might have just doubled, and unless there’s no overlap in demand for those franchises, that can only drive down Alexander’s eventual sale price.
The Los Angeles Lakers are having a pretty good January.
The team has a losing record overall but is 6-5 in 2018, despite the noise from the Ball family and the need for public confidence for Luke Walton as coach.
Still, I’m not sure they’re having as good a time as the guy who won $100,000 by banking in a halfcourt shot on Sunday.
The fan’s name is apparently Suni Strong, and he’s from Palmdale. He played high school basketball, works at Space-X, and was on a canceled A&E show about bounty hunting.
Via OC Register:
“When I first walked in I said have my check ready,” he said. “I knew I was going to make it. I had to.”
Asked if he called “bank,” Strong replied, “Why would I do that? I called money.”
That’s some serious scratch.
Spencer Dinwiddie was once a member of the Detroit Pistons. They traded him to the Chicago Bulls back in 2016 for Cameron Bairstow, and the Bulls promptly waived him less than a month later. That same day, Bairstow was waived by the Pistons.
On Sunday, Dinwiddie got his revenge on Detroit by ending their matinee matchup with a step-through jumper that two Pistons failed to defend.
The play came with 4.7 seconds left and the Brooklyn Nets trailing, 100-99. Dinwiddie ran across the far side of the floor to receive the ball from the sideline, then to the near elbow before putting on a series of moves to get his shot off.
The play gave Detroit just 0.09 seconds left, and they couldn’t get an attempt off.
Brooklyn beat the Pistons, 101-100.
Meanwhile, Dinwiddie continues to have the best season of his career. He’s averaging 13.2 points, 6.5 assists, and 3.3 rebounds per-game, all career-highs. He’s also boosted his VORP to 1.1, another personal best.
Enes Kanter likes to inject himself in situations he doesn’t belong in.
The New York Knicks forward likes to take aim at the biggest star in the game, LeBron James, and has said in the past that he would fight LeBron if he had to.
Some previous comments from LeBron riled up members of the Knicks organization, and there’s been animosity between the two sides ever since.
So it wasn’t too much of a surprise when Kanter had something to say on Twitter about his former team, the Oklahoma City Thunder, dropping 148 points during a win over the Cleveland Cavaliers on Saturday. Heck, even former Cavaliers coach David Blatt jumped in on that one, albeit immediately before his own team got 151 scored on them.
Kanter took to Twitter, using LeBron’s own catchphrase against him:
Of course, that’s probably not the best idea. Kanter is a role player and LeBron is one of the best who ever played. Even if the Cavaliers are stinking it up lately, you can’t go after the King like that. You just might miss.
“One texted [teammate] me just to say — I’m not going to say who — but he texted me ‘You’re about to get 50 dropped on you, boy.'” Kanter said before Sunday’s matinee against the Los Angeles Lakers. “I responded something back, but I’m not going to say what it is.”
Kanter added that he’s just “having fun” and wanting to put “a smile on people’s face” with his constant prodding.
We’ll see if he ends up smiling the next time Cleveland and New York meet on April 9 at MSG.
David Blatt, perhaps sensing his time to pounce as rumors swirl around Tyronn Lue’s departure, decided to troll the Cleveland Cavaliers on Sunday. It did not go so well.
Blatt, who was fired from the head coaching spot in Cleveland in 2015, now heads Darüşşafaka S.K. in the Turkish Super League.
Blatt was also coaching Team Europe vs. Team Asia in the Turkish BSL All-Star Game on Sunday. During the game Blatt joked during a TV interview that he was just hoping his team didn’t give up as many points as the Cavaliers did to the Oklahoma City Thunder on Saturday. That game ended with a score of 148-124.
So what happened to Blatt’s Team Europe in the All-Star Game?
According to Erik Gundersen over at LeBron Wire, Team Europe promptly got rolled on with a tally of … 151 points.
The final total in the Turkish All-Star matchup was 151-142 in favor of Team Asia.