
Russian tycoon Mikhail Prokhorov has agreed to buy 80 per cent of the New Jersey Nets and move them to Brooklyn (take that, Jay-Z!), along with half of the project to build a new arena there.
(Side note: being known as a "tycoon" is one of the coolest titles a man can have. Right up there with "rockstar" and "international playboy.")
The 6-foot-6 Prokhorov is a former amateur baller, but there's no question he's been "ballin" for years now; he often rolls with an entourage of gorgeous women on private jets, and was questioned - but never charged - in a prostitution investigation.
How rich is this guy? He lost $7 billion in the global recession, and is still the wealthiest man in Russia. He makes Mark Cuban look like a CFL owner.
The Nets have been rumoured to be moving to the New York City borough for a while now, but it looks like it will finally be a reality. And with the proposed arena location a few miles from famed Russian enclave Brighton Beach, this appears to be, if you'll pardon the obvious reference, a slam dunk.
This I think is the real problem with the ongoing Phoenix Coyotes/Jim Balsillie saga. Sure, Balsillie is a kabillionaire, but he's a Canadian kabillionaire, which doesn't hold as much weight as, say, a Russian kabillionaire who may or may not control an underground prostitution ring. These guys get shit done; they wouldn't be taking guff from some retirement-community town.
Quasi-update: Wayne Gretzky stepped down as Coyotes head coach/director of player operations. Cancel all those #99 Gretzky jerseys, Hamilton!
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