Tim Bontemps and Josh Kosman of the Post report that Mikhail Prokhorov is "nearing a deal to buy all of the Barclays Center and the Brooklyn Nets from Bruce Ratner’s Forest City Enterprises." And the price for the 20 percent of the Nets and 55 percent of the arena is a bargain.
According to Bontemps and Kosman, the Russian oligarch is poised to pay out as little as $100 million in cash, after debt payments owed Prokhorov's ONEXIM Sports & Entertainment are subtracted. A league source confirms to NetsDaily that the deal, if it goes through as planned "is another grand slam for Mikhail.