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Volume 26 No. 50
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Nets Takeover Gives Joe Tsai NBA Presence In Biggest U.S. Market

Joe Tsai  will pay Mikhail Prokhorov about $2.35B for the Nets -- a record for a U.S. pro franchise -- and nearly $1B for Barclays Center in a "separate transaction," according to sources cited by Brian Mahoney of the AP. The deal is "expected to be completed by the end of September and is ...

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