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Prokhorov Expects Nets to be NBA's Most Profitable After Brooklyn Move

16.04.2011

In an interview for the Russian edition of GQ, the Nets chairman, Christophe Charlier, says Mikhail Prokhorov expects the Nets to be the NBA's most profitable once the team moves into Barclays Center.

"Brooklyn is going to change everything for the team," Charlier told writer Kim Belov. "Fantastic real estate. Incredible location. Seven minutes by subway from the Wall Street. The very fact of moving [to Brooklyn] would make the Nets the most profitable team in the league."

Prokhorov himself has said he expects the Nets to make a profit of $20 million on arrival in Brooklyn and what the Nets are now calling, "the world's first billion dollar arena."  The lengthy article is accompanied by a February photo shoot of Nets players and Avery Johnson dressed in Russian fur hats and playing balalaikas.


Source: Nets Daily

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More Resources

Commentary and opinions: a selection of excerpts from speeches and presentations by Mikhail Prokhorov