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Nets owners quietly build entertainment company

While a lot of journalistic energy has been expended on when and to whom Mikhail Prokhorov and Bruce Ratner will sell the Nets, the team's co-owners have quietly  been building an entertainment company to own and manage sports and entertainment venues ... much like James Dolan's MSG..

In addition to co-owning the Nets and Barclays Center, Ratner and Prokhorov have agreements to rehabilitate Nassau Coliseum and the Brooklyn Paramount Theatre. And there are plenty of hints that they are not stopping there.

"As we diversify into an entertainment company -- Barclays Center being the first step, we've got Nassau, and other announcements coming -- being in the venue space is important to us, as is identifying complimentary spaces " Brett Yormark told Billboard in January at the time of the Paramount agreement, "What's going on in Brooklyn is incredible, a downtown entertainment district with restaurants and smaller theaters.