Gothamist

A non-profit newsroom, powered by WNYC.

Gothamist

WNYC Listen Live

Donate

 

 

News

New Nyets Owner is Excited About the Terrible Team He Bought


By

Sabrina Jaszi

Published Mar 29, 2010

Modified Mar 29, 2010


Share

FacebookTwitterRedditEmail


Never miss a story

 Email address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .

Mikhail Prokhorov

 


By

Sabrina Jaszi

Published Mar 29, 2010

Modified Mar 29, 2010


Share

FacebookTwitterRedditEmail


We rely on your support to make local news available to all

Make your contribution now and help Gothamist thrive in 2026. Donate today

Gothamist is funded by sponsors and member donations

Mikhail Prokhorov—the Russian billionaire poised to become the majority owner of the Nets and partial owner of the Brooklyn Barclays Center where they'll play— told 60 Minutes he's “real excited to take the worst team of the league and turn it to be the best.” The chiseled basketball fan was the subject of two in-depth profiles recently that offered a glimpse into the life of Russia's second richest citizen. He says it was New York that drew him to the Nets. “I love huge cities: the feeling of pace, of energy. Outside of my hometown, Moscow, New York is the place I feel most comfortable," he wrote in an email to the Times.

Regarding his homeland and vast fortunes—17.8 billion at last count—Prokhorov told Bloomberg Market magazine that Russia in the early 1990s was “cowboy territory with no sheriff.” But apparently not anymore since, he claimed, the last time he paid a bribe was 15 years ago.

Regarding basketball, he admitted he watches Nets games only “from time to time on DVDs which they send me.” Asked if he'd fish for big-name players like LeBron James or Dwyane Wade, he said “We will certainly try to use a large number of free agents over the next two seasons.” And though he won't immediately replace the Nets' financial officers with fellow countrymen as his blog suggested, in the future he may: “I do plan to incorporate a young, talented Russian manager with a successful background in European basketball into the team’s management, someone who can develop to the level of N.B.A. basketball over time and fully grasp basketball as a business,” he said.

Tagged

barclays center

basketball

brooklyn

Mikhail Prokhorov

nets

russia


Sabrina Jaszi

Read more

Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


MORE news

Central Park birders, others remember 63-year-old woman killed in park

People who said they knew her described her as an artist and a familiar presence in the Ramble.

By

Charles Lane

Published Sep 28, 2026 at 7:04 p.m. ET


Dump truck driver hits and kills cyclist on 34th Street in Midtown, NYPD says

It's the latest in a string of hit-and-run deaths in the city in recent months.

By

Liam Quigley

News

Dump truck driver hits and kills cyclist on 34th Street in Midtown, NYPD says

It's the latest in a string of hit-and-run deaths in the city in recent months.

By

Liam Quigley


New ingredient mandated for Latin American kitchen, restaurant plates in NJ

By

Arya Sundaram

A Brooklyn jail cell filled with smoke. The emergency button failed, a lawyer said.

By

Samantha Max

Crews launch tunnel machines to dig first new Hudson River rail tunnels since 1910

By

Michael Sol Warren


Never miss a story

Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.

Sign upEmail address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .