August 20, 2017 1:56 PM ET

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Company Overview of Brooklyn Nets, LLC

Company Overview

Brooklyn Nets, LLC owns and operates as a basketball team. Brooklyn Nets, LLC was formerly known as New Jersey Nets and changed its name to Brooklyn Nets, LLC in 2012. Brooklyn Nets, LLC was founded in 1967 and is based in Brooklyn, New York.

15 MetroTech Center

11th Floor

Brooklyn, NY 11201

United States

Founded in 1967

Phone:

718-933-3000

Fax:

718-942-9595

Key Executives for Brooklyn Nets, LLC

Chief Executive Officer and Chief Executive Officer of Nets Basketball
Age: 50
Principal Owner
Age: 52
Chief Financial Officer and Executive Vice President of Business Operations
President of Onexim Sports and Entertainment Holding Usa, Inc
Chief Administrative & Relationship Officer and Executive Vice President
Compensation as of Fiscal Year 2017.

Brooklyn Nets, LLC Key Developments

Brooklyn Nets May Reportedly Sell Controlling Stake

Brooklyn Nets, LLC owner Mikhail Prokhorov, while focused on selling a minority stake in the franchise, has warmed recently to the possibility of offering a controlling slice of the team, sources close to the situation said. "As word gets out about the new Nets process, some of the Rockets interest may spill over," a source said. One source of investment cash, from wealthy Chinese investors, is of particular interest to both the Rockets and the Nets. Prokhorov has been unsuccessfully trying to find a buyer for 49% of the Nets for nearly a year.

Prokhorov Reportedly Selling Stake In Brooklyn Nets And Barclays Center

Mikhail Prokhorov is reportedly trying to sell a 49% stake in his Brooklyn Nets and Barclays Center at a nearly $2 billion combined valuation.

Prokhorov To Sell Stake In Brooklyn Nets

Mikhail Prokhorov is planning to sell 49% stake in Brooklyn Nets, LLC. He said that "currently the process is going on and we are looking for a buyer."

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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