Tag: mikhail prokhorov

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Prokhorov's sister slams Putin crackdown on media

Irina Prokhorova, sister of the Nets owner and one of Russia's leading intellectuals, is among those leading the country's liberal elite in attacking the Russian government's crackdown on the media and academia, Foreign Policy reports.

Report: Wang in talks to sell majority stake

New York Islanders owner Charles Wang is in talks to sell a majority stake in the team, according to Bob McKenzie.

What's with Prokhorov transferring Nets to Russia?

Reuters, the British news agency, reports Monday that Mikhail Prokhorov is transferring ownership of the Nets from an American company to a Russian company, implying that's related to the Ukraine crisis. It's not. It's been going for nearly a year.

Yormark: Time to turn Knick fans into Nets fans

Brett Yormark, who always tried to keep the peace between the Nets and Knicks, took a page from his boss' playbook Thursday when he told Mitch Abramson that Mikhail Prokhorov's dream of turning Knicks fans into the Nets fans could come true.

Still spending money: Prokhorov eats Ratner losses

According to the report of the annual report of Bruce Ratner's parent company, Mikhail Prokhorov has agreed to eat Ratner's share of the losses on the Nets, which are in the millions, through the end of next season.

Prokhorov's net worth has dropped, says Forbes

Forbes is out with its annual list of billionaires. It estimates Mikhail Prokhorov is worth ONLY $10.9 billion, putting him 109th on Forbes list. That would be a big dropoff from 2011 when Forbes had him at $18 billion. But it's only an estimate.

For Prokhorov, a decision in line with thinking

If we will hear from Mikhail Prokhorov Sunday on the signing of Jason Collins to a 10-day contract. He's likely to note that it's a basketball decision ... if he comments at all. But publicly, in Russia he has opposed Putin's anti-gay policies.

Talking with the author of "Brooklyn Bounce"

We sat down recently with Jake Appleman, author of "Brooklyn Bounce: the Highs and Lows of Nets Basketball's First Season in Borough. He talks about what he saw behind the scenes during a year with the team.

Prokhorov, Kidd and Yormark on Stern's Retirement

Brooklyn Nets management, including owner Mikhail Prokhorov, head coach Jason Kidd and Nets CEO Brett Yormark offer up a few words on the retirement of David Stern.

From Brooklyn to Sochi, Prokhorov's cash has value

Russians love biathlon, but the sport fell into disrepair and scandal. So in 2008, Mikhail Prokhorov took over and guess what he did: spend and spend and spend. Now comes the test of all that spending: Sochi.

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