The Nets are expected to hire former TV executive David Levy as their new CEO, replacing the departed Brett Yormark.
ESPN had reported Levy being a “serious candidate” for the job. The Post had reported that Levy had been a member of the advisory board for Brooklyn Sports & Entertainment – the Nets’ parent company – since its formation by Yormark 3 ½ years ago.
The move would be e-commerce billionaire Joe Tsai’s first since taking over 100 percent of the Nets from prior owner Mikhail Prokhorov. The Alibaba co-founder’s purchase is being approved at the NBA’s Board of Governors meeting next weekend, and the hiring of Levy is expected to be announced after Tsai is rubber-stamped.