BREAKING: Joseph Tsai (Taiwanese-Canadian, coowner of Alibaba) buys all of the Nets

[LukeWalton]

Tsai who had 49% of the company, bought the remaining 51% from Pokhorov. so now he has complete control over it.

Tsai is a Taiwanese-Canadian who is the co-founder or something of Alibaba.
probably means no more counterfit Nets jerseys on sale on Ali express
:lol

[ILLsmak]

Bball is going to suck w out nets - bagel red

-Smak

[Cleverness]

Bball is going to suck w out nets - bagel red

-Smak

:lol


how much did prokhorov make in profit from the buying in 2010(?) and the selling now?

[scuzzy]

I thought Hova had a small chunk of the Nets?


fn Alibaba express, corpo scammer gone billionaire. Are they legit now? :oldlol:

[warriorfan]

Move the team and send KD to China

[LukeWalton]

Move the team and send KD to China

dunno if he'd like that. They eat snakes in China

[GimmeThat]

don't the NBA have corporate sponsorship on team jerseys already?

[Manny98]

Richest owner in the NBA let's go :banana:

[LukeWalton]

Richest owner in the NBA let's go :banana:
I thought Jay-Z had some ownership or something :confusedshrug:

[bigkingsfan]

Richest owner in the NBA let's go :banana:
Steve Ballmer...


I thought Jay-Z had some ownership or something :confusedshrug:
He sold it because he wanted to be an agent.

[bobopenguin]

well, he didn't even tried to keep Lin.

[iamgine]

https://cdn.vox-cdn.com/thumbor/d9dE53oDIda2L7koDntGStGaloc=/61x15:566x361/1200x800/filters:focal(236x99:340x203)/cdn.vox-cdn.com/uploads/chorus_image/image/63043132/Joseph_Tsai.0.png