Home / Sports / Prokhorov gets sole ownership of Nets, who then fall to Heat

Prokhorov gets sole ownership of Nets, who then fall to Heat


Wednesday, December 16, 2015, 10:11 PM

NYC PAPERS OUT. Social media use restricted to low res file max 184 x 128 pixels and 72 dpiCorey Sipkin/New York Daily News

Brook Lopez (l.) and the Nets fall to the Heat hours after the NBA reportedly OKs Mikhail Prokhorov’s bid to become sole owner of the team.

The NBA has reportedly approved Russian billionaire Mikhail Prokhorov’s bid for full ownership of the Brooklyn Nets and the Barclays Arena.

Bloomberg Business reports the league has blessed a proposed deal in which Prokhorov, who currently owns 80 percent of the team and 45 percent of the arena, would purchase the remaining stakes from Forest City Enterprises. The report didn’t specify the price paid by Prokhorov’s company, Onexim Sports and Entertainment, but said the transfer would value the team and arena at $ 1.9 billion.

Prokhorov comes into sole possession of a 7-18 team, depleted by injuries, that has drawn record-low attendance to the Barclays Center and has traded away its first-round draft picks for 2016 and 2018.

The Nets lost their third game in a row on Wednesday, falling to the Miami Heat 104-97 before a crowd that often seemed to save its loudest cheers for Dwayne Wade, who scored 28 points in 30 minutes of play.

“We battled, we fought, we were right there, and then in the fourth quarter, D Wade made some big shots for them, and that was the ballgame,” Nets coach Lionel Hollins said.

Wade’s performance backed up by Heat center Hassan Whiteside’s 20 points and 13 rebounds.

Brooklyn showed flashes of brilliance, like an electrifying first quarter where Brook Lopez went 6-for-7 to put the Nets up 30-22 over the Heat. Lopez ended the game with 25 points.

Jarrett Jack had 22 points and 10 assists, while Wayne Ellington came off the bench to score 12 points and three steals.

After losing rookie Rondae Hollis-Jefferson to ankle surgery last week, the Nets were forced to play without backup guard Shane Larkin, who suffered a concussion Tuesday after he was knocked to the floor in practice.

“Once he is symptom free, he will enter into the NBA’s return-to-play concussion protocol,” the team said in a news release. “Since recovery time varies in each individual case, there is no timetable for his return.”

Daily News – Sports

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