Recent Posts
About ZagsBlog
Adam Zagoria covers basketball at all levels. He is the author of two books and an award-winning journalist whose articles have appeared in ESPN The Magazine, SLAM, Sheridan Hoops, Sports Illustrated, Basketball Times and in newspapers nationwide.
Follow Zags on Twitter
Contact Zags
Connect with Zags:
Friday / November 16.
  • NBA Appoves Nets’ Sale to Russian Billionaire

    Share Zagsblog Share Zagsblog
    The NBA Board of Governors on Tuesday approved Russian billionaire Mikhail Prokhorov’s acquisition of a controlling interest in the Nets.

    “We are pleased that the NBA’s Board of Governors approved Mikhail Prokhorov’s purchase of majority ownership of the Nets, welcoming into the NBA ownership ranks the league’s first majority investor from outside of North America,” said NBA Commissioner David Stern.  “We anticipate that his passion for the game and business acumen will be of considerable value not only to the Nets franchise but to the entire NBA.”

    Prokhorov will become the NBA’s first non-North American owner as well as the second-wealthiest owner in the league after Paul Allen of Portland.

    Read the full story at SNY.

    Follow Adam Zagoria on Twitter.

    Written by

    [email protected]

    Adam Zagoria is a Basketball Insider who covers basketball at all levels. A contributor to The New York Times and SportsNet New York (SNY), he is also the author of two books and is an award-winning journalist and filmmaker. His articles have appeared in ESPN The Magazine, SLAM, Sheridan Hoops, Basketball Times and in newspapers nationwide. He also won an Emmy award for his work on the SNY mini-documentary on Syracuse guard Tyus Battle. A veteran Ultimate Frisbee player, he has competed in numerous National and World Championships and, perhaps more importantly, his teams won the Westchester Summer League (WSL) championships in 2011 and 2013. He lives in Manhattan with his wife and children.