Joseph Tsai, the billionaire co-founder of Alibaba, is in talks to buy Brooklyn’s Barclays Center and the new Nassau Coliseum in Uniondale from Russian billionaire Mikhail Prokhorov, The Post has learned.
The negotiations are expected to pave the way for Tsai, 55, to become the new owner of the Brooklyn Nets NBA team, sources said.
Tsai, who Forbes estimates is worth $9.9 billion, is already a minority owner of the Nets after buying a 49-percent stake in the Brooklyn b-ball team from Prokhorov last year for $1 billion.