Suddenly, The Nets Are Fabulously Wealthy

Jersey by Senior Analyst Written on September 23, 2009
EAST RUTHERFORD, NJ - FEBRUARY 10:  Trenton Hassell #44  of the New Jersey Nets shoots against against the San Antonio Spurs during their game on February 10, 2009 at The Izod Center in East Rutherford, New Jersey.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Al Bello/Getty Images) (Photo by Al Bello/Getty Images)

The New Jersey Nets are a realistic 2010 destination for LeBron James.

I'll start with that. Think about it this way: until today, the Nets were partially-owned by LeBron's buddy Jay-Zed, who had some sort of plan in place to move to Brooklyn, and were poised to have more available cap space than any other team. Those three factors alone made them a potential destination, even if speculation had James landing elsewhere.

But the Nets got some shiny new assets today, thanks to Russian billionaire Mikhail Prokhorov. The dude is going to facilitate the move to Brooklyn, putting to rest all the rumors that Bruce Ratner wouldn't be able to seal the deal. But more importantly, the guy's got more money than just about anyone in the NBA. And that takes the Nets from "potential" LeBron suitors to "realistic" ones.

That's right. The Nets are one of the richest teams in the NBA, if not the richest. They have more money than anyone, including the Knicks.

How did this happen? How did the Nets suddenly win the lottery?

I don't know, and I don't care. The NBA will (in all likelihood) approve the deal, and the Nets will be poised to become a powerhouse organization. Thank you, Mr. Prokhorov. I raise a shot of vodka to you.

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written on September 23, 2009 Sports

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