Russian media on Monday was filled with reports that Mikhail Prokhorov is selling all his Russian assets, a vast pool of mining, metals, media, real estate, insurance and property companies, with the implication that he's being forced out by former presidential rival Vladimir Putin. Prokhorov's No. 2, Dmitry Razumov, denied the rumor, but admitted ONEXIM, Prokhorov's investment vehicle, is looking into selling some assets.
The Nets and Barclays Center are owned by a U.S.-based company, ONEXIM Sports & Entertainment, which has no corporate ties to the Moscow-based company other than they are both owned by Prokhorov.