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NetsDaily · May 7, 2015

Mikhail Prokhorov "looking to monetize assets," not cede control of Brooklyn Nets

Mikhail Prokhorov has said he never wanted to sell a majority interest in the team.

"I never intended to sell the team and have looked at selling only the minority stake," he said on April 8, noting there have been "approximately" 10 offers for his shares. "And for the time being there is nothing on the table. . . . If somebody wants to send me any kind of proposal, why not? Just to have a look. But we’re only speaking about minority stakes in the team."

He has, quietly, renewed ONEXIM Sports & Entertainment's lease on its 26th floor offices at the Seagram Building on Park Avenue -- for another six years.

Full story at NetsDaily

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