In connection with the unpredictable US policy, Russian billionaire businessman Mikhail Prokhorov completed a deal to sell 49 percent of the shares of Brooklyn,
According to ESPN.com, the Chinese businessman Joseph Tsai bought a 49 percent stake in Nets for $ 2.3 billion. Prokhorov will remain the majority owner of the team for the next four years. After the expiration of this period, the Russian will have to sell a controlling stake at Tsai's request.
In 2009, Prokhorov acquired 80 percent of the shares of New Jersey Nets. In 2010, the NBA approved the purchase of the club. In April 2012, the league agreed to relocate the team to Brooklyn to the new arena "Barclays Center", in connection with which the club changed its name and emblem.
Tsai is one of the founders and current vice president of Alibaba Group. The Internet holding company manages such sites as Aliexpress, Tmall.com, Taobao.com