Fresh off his 60 Minutes interview, Mikhail Prokhorov gives a must read e-mail interview with the New York Times, where he discusses more about the rationale for his investment with the Nets.
Dave D’Alessandro’s take on the interview: So when it comes to NBA ownership, it’s all about stacks of money – and a willingness to flaunt them – so that is what the CBS program made the emphasis of its 14-minute segment.
Here’s a preview of an upcoming feature on Prokhorov in Bloomberg Magazine.
Will Leitch of New York magazine has dubbed the Nets, the “Miracle Nets”: But this bottoming out of the Nets just happens to be occurring at the very moment a dramatic reversal is at hand. Riddled with injuries, middling talent, and plain bad luck, this year’s Nets may be as wretched a team as the NBA has ever had. But it is losing with an upside: The Nets are about to shed their East Rutherford skin and emerge, in the next two-plus years, as an entirely different entity. You’ll like this new one a lot more.