Mikhail Prokhorov Lets Bruce Ratner off on Nets Losses

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Mikhail Prokhorov Lets Bruce Ratner off on Nets Losses
Bruce Bennett/Getty Images

Mike Ozanian of Forbes reports that Mikhail Prokhorov recently decided against enforcing his ownership agreement with Bruce Ratner, permitting Ratner to maintain his ownership stake in the Nets despite not funding operating losses as had been previously agreed upon.

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