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Nets Owner Expects Record Revenue After Durant, Irving Join

  • Brooklyn is paying two new stars a combined $305 million
  • Excitement should boost ticket sales, merchandise, sponsors
Kyrie Irving
Kyrie IrvingPhotographer: Maddie Meyer/Getty Images
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Following a banner offseason during which the team signed two of the NBA’s top players, the Brooklyn Nets are expecting to set a franchise record in revenue, according to billionaire owner Mikhail Prokhorov.

The Nets announced Monday that the team had signed perennial all-stars Kevin Durant and Kyrie Irving, a pair of contracts that will cost a reported $305 million combined. Though various outlets broke the news last week, the team had to wait until a weeklong moratorium period ended before it could market the players and discuss the signings.