The changing of the Nets’ hierarchy continues.
It was reported earlier this week that Alibaba co-founder Joseph Tsai is close to signing a deal to buy the remaining 51 percent of the Nets from current majority owner Mikhail Prokhorov. Tsai, as first reported by The Post, is also expected to complete a deal to purchase Barclays Center for more than $700 million.
As those purchases move toward becoming official, the Nets and Barclays Center will be looking for a new CEO. Brett Yormark is stepping down from that position at BSE Global, the Nets parent company, according to reports.