The NBA has approved ownership transfer of 100% of the Nets and the Barclays Center to Mikhail Prokhorov, Scott Soshnick of Bloomberg.com reports. The franchise and the arena were given a combined valuation of $1.9 billion, though the precise breakdown of that amount is unknown at this time, Soshnick adds. This arrangement will give Prokhorov full ownership of both the Nets and the Barclays Center when finalized, the Bloomberg scribe relays. Here’s more from the Atlantic Division:
- Despite all the criticism levied against the Sixers‘ rebuilding plan, one major advantage the team had when making trades was the lack of immediate urgency to win, a perk that may now be gone with the arrival of Jerry Colangelo, Derek Bodner of Phillymag.com writes. The inconsistent play of Nerlens Noel and Jahlil Okafor played a major role in Philadelphia bringing in Colangelo as well as looking to speed up its timetable to return to respectability, Bodner adds.
- Raptors power forward Luis Scola likely wouldn’t have been allowed to leave Indiana and sign with Toronto this past summer if it had been up to Pacers coach Frank Vogel, writes Mike Ganter of The Toronto Sun. “One of my favorite players of all time,” Vogel said regarding Scola. “One of them, yeah. Just a guy who has a great approach in the locker room, did his job and it carries over to his teammates and the entire team. He’s just a winner, he plays harder than everybody on the court every time he is out there and it’s no surprise he is helping contribute to their winning culture.” When asked why Scola was allowed to depart, Vogel diplomatically responded, “You would have to talk to [team president] Larry [Bird] about that.”
- When asked if his expectations for the Nets‘ 2015/16 season have changed in light of their difficult start, Joe Johnson offered little in the way of enthusiasm, Mike Mazzeo of ESPN.com writes. “I didn’t really know what the expectations were. I honestly didn’t know,” Johnson said. “I didn’t know how good we would be, I didn’t know how good we would be as a team. So, I just came in and did what I was asked to do, and I’m just trying to help out.”