Sports

Koch Family Members in Talks to Buy Stake in Brooklyn Nets

Team’s majority owner is Alibaba Group co-founder Joseph Tsai
The Koch family is led by 88-year-old billionaire Charles Koch

The Brooklyn Nets logo on the court at Barclays Center in Brooklyn, New York.

Photographer: Nathaniel S. Butler/NBAE/Getty Images

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By Crystal Tse, Gillian Tan, Ryan Gould, and Giles Turner

February 22, 2024 at 12:59 PM UTC

Updated on

February 22, 2024 at 7:32 PM UTC

This article is for subscribers only.

Members of the billionaire Koch family are in talks to acquire a stake in the National Basketball Association’s Brooklyn Nets, according to people with knowledge of the matter.

Julia Koch is considering buying an approximately 10% stake in BSE Global, the Nets holding company that also owns Barclays Center, and the WNBA’s New York Liberty team, among other sporting assets, said one of the people, all of whom asked not to be identified discussing confidential information.