TDevilsG wrote:And why, exactly, would he do that again after the millions upon millions of dollars he has invested within the franchise as well as Barclay's Center?
1) Because that's what billionaires do with toys that turn out to be less fun to play with than intended. He bought the team thinking Jay-Z would get him Lebron. He didn't.
2) Nets wasn't his first choice, he tried to buy the Knicks first, but they weren't selling. So he has no emotional ties to the team.
3) The Barclay Center is
far from certain still. There are tons of legal issues still hovering around it.
4) Even assuming Barclay Center does get finished, we're probably talking 2013-14. That's a damn long perspective for any athlete who has a 5-10 year timespan on becoming successful.
VEDOMOSTI: Why did you buy the New Jersey Nets? And why aren't things going so well with them?
Prokhorov: Why do you say that? We have four draft picks, haven't you noticed? We have a team, we're building the arena, we've hired professional management, we have the option to buy in to another large project, the building of an office center. For me, this is a project with explosive profit potential. The capitalization of the team will be $700 million after we move to Brooklyn. It will earn approximately 30. And the arena will be worth around $1 billion. We are planning to become NBA champions within five years. Brooklyn is the capital of immigration, there are some 450,000 people from our part of the world living there with no major sports teams to root for.
What else would he say?
And do you understand how little 450,000 is?
Do you understand how many seasons the "Brooklyn Nets" would have to absolutely
dominate the Knicks to become a "New York" team, not just a Brooklyn team?
Do you know that New York already
had the Nets, and pretty much kicked them out of the city?
There is nothing implied within this statement, taken on 12/23/2010, which implies that he's reconsidering his investment.
Yeah, I'm sure a random journalist would be the first person he told, if he was reconsidering.
What I do know is that it only takes one very good player to turn a franchise around. Take a look at the team across the Hudson for verification of this.
Yeah, and that one person was supposed to be Lebron. And Jay-Z was the man supposed to deliver. Guess what? Now the player is supposed to be Melo; and guess what? Melo has done everything short of screaming in the front of a TV camera that he has
no intentions of joining the Nets, whatsoever. And probably the only reason he hasn't done that is because David Stern would go **** and fine him millions.
There's no reason to believe the Nets won't be a contender by the time they reach Brooklyn.
There is, more importantly, no reason to believe that they
will be. In the current NBA, the "championship contenders" are by and large the same teams every season. Look at how many different teams have gone to the finals in the last 15 years. It's the same teams, time after time.
Prokhorov's problem is that he looked at what Roman Abramovich did with Chelsea in soccer, and figured; "Hey, I'm rich too, I'll do that as well!"
Unfortunately, he picked a sport with salary caps and no for-money transfer system.