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Prokorhov Selling?

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Re: Prokorhov Selling? 

Post#21 » by DarkXaero » Tue Jan 13, 2015 8:26 pm

Shook Jones wrote:That other site is hilarious right now!! I suggest grabbing a cup of coffee and reading thu thru the comments. They are killing the Netincome hahahahah. All his brown nosing is coming back to bite him.

That nazi mod has been quiet lately, I hope someone finally choked him to sleep.

Anyway I am a Nets fan for life but I must prepare myself for darkness and turmoil.
It really is, NetIncome is rightfully getting a lot of abuse on there for his (Please Use More Appropriate Word) comments. I'm just surprised it has taken this long for the community to turn on him.
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Prokorhov Selling? 

Post#22 » by lkitt0804 » Tue Jan 13, 2015 8:27 pm

Shook Jones wrote:That other site is hilarious right now!! I suggest grabbing a cup of coffee and reading thu thru the comments. They are killing the Netincome hahahahah. All his brown nosing is coming back to bite him.

That nazi mod has been quiet lately, I hope someone finally choked him to sleep.

Anyway I am a Nets fan for life but I must prepare myself for darkness and turmoil.


It won't be that bad if you expect bad basketball going in. We're not contenders but we are better than we were 5 years ago. We'll be ok after next season. Hopefully next season we'll still be a 6-8 seed in the East.


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Re: Prokorhov Selling? 

Post#23 » by MrDollarBills » Tue Jan 13, 2015 8:46 pm

Shook Jones wrote:That other site is hilarious right now!! I suggest grabbing a cup of coffee and reading thu thru the comments. They are killing the Netincome hahahahah. All his brown nosing is coming back to bite him.

That nazi mod has been quiet lately, I hope someone finally choked him to sleep.

Anyway I am a Nets fan for life but I must prepare myself for darkness and turmoil.


:lol: I have been reading that thread for most of the afternoon and it is HILARIOUS. These are one of those moments that i wish I wasn't banned, I would have torched that dude so bad he'd have to delete the comments...and then request my banning :rock: :rofl:

I don't care anymore, there may be some dark days ahead but I'm glad this nonsense is over. Maybe the next regime will want to build a sustainable product.

Next summer things will begin to clear up. :nod:
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Re: Prokorhov Selling? 

Post#24 » by Shook Jones » Tue Jan 13, 2015 9:04 pm

MrDollarBills wrote:
Shook Jones wrote:That other site is hilarious right now!! I suggest grabbing a cup of coffee and reading thu thru the comments. They are killing the Netincome hahahahah. All his brown nosing is coming back to bite him.

That nazi mod has been quiet lately, I hope someone finally choked him to sleep.

Anyway I am a Nets fan for life but I must prepare myself for darkness and turmoil.


:lol: I have been reading that thread for most of the afternoon and it is HILARIOUS. These are one of those moments that i wish I wasn't banned, I would have torched that dude so bad he'd have to delete the comments...and then request my banning :rock: :rofl:

I don't care anymore, there may be some dark days ahead but I'm glad this nonsense is over. Maybe the next regime will want to build a sustainable product.

Next summer things will begin to clear up. :nod:


As long as the team stays in BKN and we can free up some cap I know players will want to be there.

Again bring back Blatche he is cheap and can play and loves BKN. Trade for Lance. Get some minimal pieces that bring excitement and other stars notice. We dont want players coming here just cause we are overpaying.
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Re: Prokorhov Selling? 

Post#25 » by SpeedyG » Tue Jan 13, 2015 9:09 pm

Are you guys commenting on something new?

Latest updates on this seems to indicate no changes...meaning Prok still getting "feelers" to see if he can get a Ballmer-like deal.
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Re: Prokorhov Selling? 

Post#26 » by kerry kittles » Tue Jan 13, 2015 9:30 pm

SpeedyG wrote:Are you guys commenting on something new?

Latest updates on this seems to indicate no changes...meaning Prok still getting "feelers" to see if he can get a Ballmer-like deal.


I think what's new is the report from Scott Soshnick that Prok hired an investment firm to sell the team. Woj, confirmed that, that the Nets are on the Market. Howard Beck as wel said they're for sale.

It seems Brossard and the Nets brass is either doing damage control by denying reports or they are telling the truth that the Nets are just keeping options open and nothing is serious. It's tough to tell, but I'm of thinking where there's smoke there's fire. The value of franchises is high, Russian economy collapsing, chance to make a killing on his investment.
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Re: Prokorhov Selling? 

Post#27 » by MrDollarBills » Tue Jan 13, 2015 9:30 pm

DarkXaero wrote:
Shook Jones wrote:That other site is hilarious right now!! I suggest grabbing a cup of coffee and reading thu thru the comments. They are killing the Netincome hahahahah. All his brown nosing is coming back to bite him.

That nazi mod has been quiet lately, I hope someone finally choked him to sleep.

Anyway I am a Nets fan for life but I must prepare myself for darkness and turmoil.
It really is, NetIncome is rightfully getting a lot of abuse on there for his (Please Use More Appropriate Word) comments. I'm just surprised it has taken this long for the community to turn on him.


Kudos to you for calling that piece of **** out

**** bob windrem
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Re: Prokorhov Selling? 

Post#28 » by SpeedyG » Tue Jan 13, 2015 9:48 pm

kerry kittles wrote:
SpeedyG wrote:Are you guys commenting on something new?

Latest updates on this seems to indicate no changes...meaning Prok still getting "feelers" to see if he can get a Ballmer-like deal.


I think what's new is the report from Scott Soshnick that Prok hired an investment firm to sell the team. Woj, confirmed that, that the Nets are on the Market. Howard Beck as wel said they're for sale.

It seems Brossard and the Nets brass is either doing damage control by denying reports or they are telling the truth that the Nets are just keeping options open and nothing is serious. It's tough to tell, but I'm of thinking where there's smoke there's fire. The value of franchises is high, Russian economy collapsing, chance to make a killing on his investment.


Woj confirmed that the Nets are on the market, but that Prok/Nets didn't initiate the calls.
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Re: Prokorhov Selling? 

Post#29 » by kerry kittles » Tue Jan 13, 2015 10:06 pm

SpeedyG wrote:
kerry kittles wrote:
SpeedyG wrote:Are you guys commenting on something new?

Latest updates on this seems to indicate no changes...meaning Prok still getting "feelers" to see if he can get a Ballmer-like deal.


I think what's new is the report from Scott Soshnick that Prok hired an investment firm to sell the team. Woj, confirmed that, that the Nets are on the Market. Howard Beck as wel said they're for sale.

It seems Brossard and the Nets brass is either doing damage control by denying reports or they are telling the truth that the Nets are just keeping options open and nothing is serious. It's tough to tell, but I'm of thinking where there's smoke there's fire. The value of franchises is high, Russian economy collapsing, chance to make a killing on his investment.


Woj confirmed that the Nets are on the market, but that Prok/Nets didn't initiate the calls.


Yea, I think what's drawing people's attention is the Scott Soshnick piece that he hired the investment firm to sell the firm. I don't think you hire the investment firm just to listen to offers. I think it shows a greater intent to sell than previous reports
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Re: Prokorhov Selling? 

Post#30 » by Paradise » Tue Jan 13, 2015 10:17 pm

He was reportedly trying to sell to the Guggenheim group but with the intent of remaining the controlling owner. The whole point of shaving down the luxury tax was to show interested investors he was willing to cut spending.

That could be what's happening here.
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Re: Prokorhov Selling? 

Post#31 » by SpeedyG » Tue Jan 13, 2015 11:04 pm

Adrian Wojnarowski quotes a league official as saying Prokhorov did not initiate the talks and there is NO willingness to sell.

"Just listening so far," a league official with direct knowledge told Woj. "They haven't indicated a desire or willingness to sell. …Nothing was initiated by [Prokhorov]."

Gonna take a guess that nothing happens here. There's not a lot of parties that I can see parting with a cool billion to make Prok sell.
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Re: Prokorhov Selling? 

Post#32 » by F3LON » Wed Jan 14, 2015 1:43 am

Net Income is shaking in his boots. If Billy King gets the ax then he loses his exclusive scoops.

I still dont see this happening. I think Prokorov is looking for liquidity so he will sell off his shares to the point that he is still the majority owner.

While there are problems with the Russian currenecy, Prokorov is definitely hedged in some fashion vs the rupples decline. In fact, I wouldnt be surprised if he is actually making money on the rupple's decline by taking a short position. The guy is a financial giant. The game is rigged for the Prokorov's and Warren Buffet's of the world.
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Re: Prokorhov Selling? 

Post#33 » by Prokorov » Wed Jan 14, 2015 3:01 pm

The Blatche stuff needs to just go away. it is never going to happen. Whatever he did was so bad that bridge is burned for good.
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Re: Prokorhov Selling? 

Post#34 » by sortpar » Thu Jan 15, 2015 9:09 pm

Shook Jones wrote:
MrDollarBills wrote:
Shook Jones wrote:That other site is hilarious right now!! I suggest grabbing a cup of coffee and reading thu thru the comments. They are killing the Netincome hahahahah. All his brown nosing is coming back to bite him.

That nazi mod has been quiet lately, I hope someone finally choked him to sleep.

Anyway I am a Nets fan for life but I must prepare myself for darkness and turmoil.


:lol: I have been reading that thread for most of the afternoon and it is HILARIOUS. These are one of those moments that i wish I wasn't banned, I would have torched that dude so bad he'd have to delete the comments...and then request my banning :rock: :rofl:

I don't care anymore, there may be some dark days ahead but I'm glad this nonsense is over. Maybe the next regime will want to build a sustainable product.

Next summer things will begin to clear up. :nod:


As long as the team stays in BKN and we can free up some cap I know players will want to be there.

Again bring back Blatche he is cheap and can play and loves BKN. Trade for Lance. Get some minimal pieces that bring excitement and other stars notice. We dont want players coming here just cause we are overpaying.


I heard that Prok is interested in selling the team, but wants to maintain his equity in the Barclay Center, where both the Nets and New York Islanders will play.
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Re: Prokorhov Selling? 

Post#35 » by MrDollarBills » Thu Jan 15, 2015 10:38 pm

^that would be smart since the building itself is a cash cow.

F3LON wrote:Net Income is shaking in his boots. If Billy King gets the ax then he loses his exclusive scoops.


The bastard changed his tone quick and now the franchise is "in a state of crisis" and backed off of his denials about the sale :lol: shameless.
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Re: Prokorhov Selling? 

Post#36 » by R-DAWG » Fri Jan 16, 2015 2:13 pm

Nets fans should be excited here. Prokorhov is a loud billionaire who cared more about making a name for himself than winning. Sure, your 3 years away from a true rebuild but hopefully you use that time to build the infrastructure and scouting to do it the right way.
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Re: Prokorhov Selling? 

Post#37 » by kerry kittles » Sat Jan 17, 2015 7:15 pm

Update:

[tweet]https://twitter.com/soshnick/status/556527261827223552[/tweet]

Some quick info on him from Wikipedia:
- Net worth of $11.1 billion. Prok is reportedly worth $10.9 billion. So on par financially
- 58 year old hedge fund manager
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Re: Prokorhov Selling? 

Post#38 » by Shook Jones » Sat Jan 17, 2015 7:29 pm

Cohen is worth 11 Billion not far behind Proky.
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Re: Prokorhov Selling? 

Post#39 » by kerry kittles » Sat Jan 17, 2015 8:33 pm

[tweet]https://twitter.com/soshnick/status/556538910667718656[/tweet]

False alarm
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Re: Prokorhov Selling? 

Post#40 » by MrDollarBills » Sat Jan 17, 2015 8:40 pm

Net worth means nothing if you don't have good basketball operation people in place.
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