NBA teams and players are formulating plans to help arena employees, who face economic uncertainty after the league suspended its season in light of the coronavirus pandemic. (more…)
Tag Archives | Joseph Tsai
Brooklyn Nets CEO David Levy Resigns
Just less than two months after being named to the position, David Levy is resigning as CEO of the Brooklyn Nets and Barclays Center. (more…)
New York Liberty Moving to Barclays Center in 2020
In a move that takes effect for the 2020 WNBA season, the New York Liberty will play home games at Brooklyn’s Barclays Center. (more…)
Joe Tsai Finalizes Purchase of Nets, Barclays Center
Joe Tsai has acquired full ownership of the Brooklyn Nets and Barclays Center, as it was announced Wednesday that the transaction has closed. (more…)
Joe Tsai Agrees to Buy Nets Controlling Interest, Barclays Center
Billionaire Joe Tsai has agreed to buy the controlling interest in the Brooklyn Nets and the Barclays Center from Mikhail Prokhorov, the team announced Friday. (more…)
Report: Joseph Tsai to Buy Remaining Share of Brooklyn Nets
Billionaire Joseph Tsai is close to buying a remaining 51% stake in the Brooklyn Nets from Mikhail Prokhorov, according to a New York Post report. (more…)
Joseph Tsai Reportedly in Talks to Purchase Barclays Center
Billionaire Joseph Tsai is reportedly in talks to buy Barclays Center from Mikhail Prokhorov, a move that could bolster Tsai’s potential majority ownership of the Brooklyn Nets. (more…)
Joseph Tsai Reportedly Agrees to Buy New York Liberty
Joseph Tsai has reportedly agreed to purchase the WNBA’s New York Liberty, potentially marking the latest foray into professional sports for the minority owner of the NBA’s Brooklyn Nets. (more…)
Barclays Center Bonds Could be Downgraded
Citing concerns over the sale of a 49% stake in the Brooklyn Nets, Standard & Poor’s warns that the bonds that backed construction of the Barclays Center could be downgraded. (more…)
Joseph Tsai Reportedly Buys 49% Stake in Brooklyn Nets
Joseph Tsai has reportedly agreed in principal to purchase a 49% stake in the Brooklyn Nets, with terms that could allow him to eventually buy the controlling interest. (more…)