The New York Post reports Thursday that Joe Tsai wants to accelerate his purchase of the Nets and buy both Barclays Center and Nassau Coliseum from Mikhail Prokhorov.
Josh Kosman and Brett Cyrgalis write that Tsai, who bought a 49 percent stake in the team last April, would take take over the Nets from Prokhorov who’s controlled the organization since May 2010. In addition, the Post says Tsai, who has no interest in either of the arenas, would buy out the Russian oligarch’s interest in both.
Under terms of the original sale agreement, Tsai would have had an option to buy control of the team in 2021.