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TAG: Mikhail Prokhorov

Latest News, NBA / Sep 4, 2013 / 10:00 am

Jay-Z Sells Nets Share To Coach Jason Kidd

Jason Kidd

The Nets ownership stake Jay-Z bought in for was largely ceremonial. It’s not that .067 percent of the new Brooklyn Nets wasn’t expensive, it cost 500K, it’s that it was dwarfed by the Russian tycoon, Mikhail Prokhorov and the 80 percent majority share he bought in 2008. Now Jay’s fractional ownership stake has passed on to the coach of the team, Jason Kidd. The New York Post reports that HOVA sold his stake to Kidd, conflict of interest be damned. Read More »

NBA, Smack / Aug 27, 2013 / 11:30 am

David Stern Mandated Mikhail Prokhorov & James Dolan Meeting Last Season To Squash NYC Beef

Nets, Knicks

New York City is embroiled in a basketball renaissance with the Nets moving to Brooklyn and acquiring Paul Pierce and Kevin Garnett this off-season and the Knicks winning their first postseason series since 2000. But they haven’t been playing nice in the press, and NBA commissioner David Stern has taken steps to squash any festering animosity between the team’s owners. Read More »

NBA, Smack / Jul 19, 2013 / 11:45 pm

Mikhail Prokhorov On His New Look Nets: “I Have Done What I Can” & “I Am a Man of Results”

Mikhail Prokhorov (photo. Instagram/the_snow_effect)

Mikhail Prokhorov might be the closest thing the NBA has to an owner who can compete with Chuck Norris levels of hyperbole. The Russian billionaire laughs in the face of $80 million in luxury taxes for his new team, and says he feels no pressure because “I’ve done what I can,” reports the New York Post. Read More »

2013 Free Agency, NBA, Video / Jul 18, 2013 / 11:15 pm

Watch Kevin Garnett, Paul Pierce & Jason Terry As They’re Formally Introduced To Brooklyn

GarnettPierceTerry

Brooklyn Nets general manager, Billy King, owner, Mikhail Prokhorov and coach Jason Kidd were on hand at the Barclays Center in Brooklyn today to formally welcome the addition of former-Celtics stars, Kevin Garnett, Paul Pierce and Jason Terry to their star-studded team. Read More »

Smack / Apr 18, 2013 / 11:05 pm

Jay-Z Issues Statement About the Nets; Skylar Diggins Pays Tribute to Kobe Bryant; Rip Hamilton Shows Off Two U-Hauls-Worth of Kicks

jay-z brooklyn nets

There were no NBA games last night as we all take a breather before the playoffs start Saturday. That doesn’t mean the NBA universe was dormant though as front offices made moves and social media buzzed …

Remember when Jay-Z dropped a fired up “Open Letter” last week to address things that were pissing him off, including the attention he was getting for selling his stake in the Brooklyn Nets in order to become a sports agent? Yesterday afternoon he took a more even-keeled approach with the image you see above and the following post on his Life + Times platform to talk about his move and his relationship with the franchise: Read More »

NBA / Dec 28, 2012 / 11:30 am

Avery Johnson Wasn’t The Problem In Brooklyn

Avery Johnson

Avery Johnson was fired as head coach of the Brooklyn Nets yesterday, less than one month after winning the NBA’s Coach of the Month award. Ownership, after spending $330 million in the offseason on roster upgrades, wasn’t happy with the team’s progress as they went from an 11-4 record to sitting at .500 with 14 wins and 14 losses. Unfortunately for Johnson, he was never going to see the finished product on this team, as he was in a no-win position as soon as he was hired. Read More »

NBA / Nov 16, 2012 / 5:45 pm

Dime Q&A: Brook Lopez On Video Games, Mikhail Prokhorov’s Game And Comic-Con

Brook Lopez

The man in the middle of the Nets’ first season in Brooklyn is Brook Lopez, who’s averaging 17.5 points, 6.8 rebounds and a career-high 2.3 blocks after signing a four-year contract worth more than $60 million. Just as the spotlight has greeted the Nets with the move to the Barclays Center, it’s intensified on the fifth-year center out of Stanford. One area where his game has improved dramatically is finishing at the rim, where he shoots 78 percent, 12 points higher than ever before in his career. He’s also seen the amount of buckets he scores that are assisted spike, in part because of playing with All-Star point guard Deron Williams. Case in point: Last night against the Celtics, Williams’ bullet no-look pass to Lopez helped push the center to a team-high 26 points on 11-of-14 shooting. Read More »

Smack / Sep 22, 2012 / 1:00 am

John Wall Carries “The Weight Of The World”; Chris Duhon Is The Other Guy In Los Angeles

John Wall

John Wall is that No. 1 pick whose team has never progressed out of the high first round picks around him. How much of that is on him now? It’s a subject we’ve written about at length when we put him on our cover twice in the last year. Today his college coach, John Calipari said it’s not all on Wall — even after conceding that he “must improve” in between the rim and the three-point line — and that a 19-year-old shouldn’t be saddled with “the weight of the world” on his shoulders. Read More »

Smack / Sep 19, 2012 / 11:18 pm

Chris Paul Wanted The Clippers, Not The Lakers; Steve Nash Gets Thrown Into Duke/UNC Beef

Chris Paul

Chris Paul might not be Dwyane Wade, who seems intent on turning himself into some sort of fashion icon. But he’s stylish enough to make the cover of GQ (along with actors Denzel Washington and Javier Bardem), and in the subsequent interview, he admitted he was happy to end up with the Clippers instead of the Lakers. The former JV team had better pieces, and as Paul said, “winning with the Clippers would be legendary.” Read More »

NBA / Aug 6, 2012 / 12:30 pm

Mikhail Prokhorov Will Rap With Jay-Z When The Barclays Center Opens

Jay-Z

Mikhail Prokhorov is many things: international prostitute smuggler and party-forming politician, to name a few. Well, now he can add one more title to the list, which might infringe upon the territory of Brooklyn Nets’ minority owner Jay-Z: rapper. Read More »