Mikhail Prokhorov not selling Nets for now?

wpid-i_ce_dd_74_170430360.jpg
Brooklyn Nets owner Mikhail Prokhorov has ended his agreement with investment bank Evercore Partners, who he hired to explore a sale of the team, banking sources told ESPN.com on Tuesday. Prokhorov, who owns 80 percent of the team and 45 percent of Barclays Center, hired the bank in January to take offers on the heels of Steve Ballmer’s $2 billion purchase of the Los Angeles Clippers. But in recent days, the idea that the team would be sold in the very-near future didn’t seem likely.
More HoopsHype Rumors
February 23, 2017 | 8:41 am EST Update
i_22_36_1c_magic-johnson.png
As word got out that new Los Angeles Lakers president Magic Johnson quickly hired a general manager that doesn’t look like the former NBA superstar, there was a collective groan from qualified and aspiring NBA general managers who do. “It’s always done in private and way in advance,” one high-ranking black NBA team executive said. “We got no shot once the news breaks.” Another high-ranking black NBA team executive said: “I was surprised.”
Storyline: Lakers Front Office
Pelinka represents former Lakers star Kobe Bryant, a future Hall of Famer and the franchise’s all-time leading scorer. Even in early retirement, Bryant still has major influence on the Lakers. “Los Angeles has always been about hype,” one high-ranking black NBA team executive said. “Kobe obviously had influence in getting Pelinka pushed through the door.” “I heard that this was coming,” another high-ranking black NBA team executive said. “He has a real connection with Kobe.”
Of the eight high-ranking African-American NBA team executives The Undefeated spoke to, none expressed any malicious intent toward Johnson or Pelinka. But they all said they would have at least appreciated an opportunity to interview for the job. All are more than qualified for the position. But many black assistant general managers and other high-level team executives said they have had a hard time getting consideration for any NBA general manager opening. “We just want to compete. Guys with practical basketball experience, that’s what it’s about. Don’t give me anything. We just want to compete,” one high-ranking black NBA team executive said.
“Those opportunities are few and far in-between,” said Newton. “It’s very rare for a final decision-maker to feel comfortable that a person not like them is capable of running their team.” One NBA owner was offended by Newton’s comments and believed such talk wouldn’t help him get back into the league, a source said. “Nothing surprises me in this business,” one high-ranking black NBA team executive said. “Analytic guys getting jobs. Coaches being named executives. Now it’s the agents’ turn. Everyone except the people who have the practical basketball experience are getting shots.”
Home