From the time Joe Tsai purchased a minority stake in the Nets three years ago, Joe Tsai has always seen the NBA as a good investment. Not only does he see value in the Nets, he sees value in holding a 1/30th stake in the league which shares much of its revenue equally among franchises.
Now, Josh Kosman, who covers sports business for The Post, says his latest investment in the league has raised some ire among rival owners. It involves a Tsai investment in a fund that’s aimed at helping struggling NBA franchises get through the pandemic and related financial issues.