In yet another move aimed to prove his commitment to the Nets and New York, Mikhail Prokhorov has agreed to buy control of the revamped Nassau Coliseum from Bruce Ratner, his partner in both the Nets and Barclays Center. The arena will, as NetsDaily has previously reported, will be the home of the Nets planned but yet unnamed D-League team.
Long Island Business News first reported the deal on Friday afternoon.
While a groundbreaking ceremony for the redevelopment of the Nassau Veterans Memorial Coliseum is slated for Thursday, speculation is mounting that the Uniondale arena may be sold to Russian billionaire Mikhail Prokhorov.