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Nets Hire Billy King as General Manager to Replace Rod Thorn

July 14 (Bloomberg) -- The New Jersey Nets hired Billy King to succeed Rod Thorn as general manager. King was president of the Philadelphia 76ers from 2003 to 2007.

King is the second major hire for new Nets owner Mikhail Prokhorov, after coach Avery Johnson joined the team last month. Terms of King’s contract weren’t disclosed.

King, 44, replaces the 69-year-old Thorn, who decided to step down after 10 seasons with the Nets that included two trips to the National Basketball Association Finals.

“He has all of the qualities we’ve been looking for in a candidate: professionalism; good relations with the league, players and agents; and strong communications skills,” Prokhorov said in a statement. “Most importantly, Billy is ambitious. He wants to win.”

King joined the 76ers in 1997 and was promoted to team president after the 2002-03 season. He was fired by the 76ers in December 2007 and replaced by former Nets GM Ed Stefanski.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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