Alibaba's Tsai nears deal to buy rest of NBA's Brooklyn Nets: source
Wednesday, 14 August 2019 () Alibaba Group Holding Ltd co-founder Joseph Tsai is nearing a deal to buy the 51% stake he does not already own in the U.S. basketball team Brooklyn Nets, a source familiar with the matter told Reuters.
Alibaba Co-Founder to Take Over as Brooklyn Nets Sole Owner In a deal with soon-to-be former owner Mikhail Prokhorov, Joseph Tsai also now owns Brooklyn's Barclays Center. The sale only needs approval by the NBA's Board of Governors to become official. Mikhail Prokhorov, via statement Prokhorov...
Joseph Tsai, the co-founder of e-commerce company Alibaba who already owned 49 percent of the franchise, will purchase the remaining 51 percent from Russian billionaire Mikhail Prokhorov for a total of..
About $3 Billion Spent on Day 1 of NBA Free Agency Eleven players agreed to contract agreements worth more than $100 million. Damian Lillard: Portland Trail Blazers Four years, $196 million extension..
Klay Thompson Re-Signs
With Warriors Thompson agreed to a five-year, $190 million max contract to return to the Golden State Warriors. The Warriors star tore his ACL
in Game 6 of the NBA Finals. Some..
Credit: Wibbitz Top Stories Duration: 01:20Published