HoopsHype Mikhail Prokhorov rumors

December 16, 2014 Updates

"Teams around the league say they haven't received any trade calls and they see this as an indication that Prokhorov is back to selling the team, particularly since he's trying to move three of the biggest contracts on their roster," he says in a Bucher Buzz segment. He explains, "This for the uninitiated is what teams do. It's what the Memphis Grizzlies did, what the Detroit Pistons did. Any team looking to sell. One, there's not a lot of overhead. Two, they start with a blank slate. They get to create a team the way they see fit." NetsDaily

November 20, 2014 Updates

He has barely spoken about the terms of his departure and wasn't comfortable having to do it Wednesday. He said he had spoken to some Nets players since he left and was asked about last month's comments from owner Mikhail Prokhorov, who said the team made the trade with the Bucks because: "There is a nice proverb in English: Don't let the door hit you where the good Lord has split you." "I thought it was a great quote. I've heard it before, so was it something new? No," Kidd said. Boston Herald

November 6, 2014 Updates
November 4, 2014 Updates

Amongst vows that he will not give up majority control of the Nets and remains “committed to championship,” Mikhail Prokhorov’s first session with the media in 10 months uncovered a new enemy target to join Mark Cuban and James Dolan. “I think there is a nice proverb in English,” Prokhorov said when asked about departed head coach Jason Kidd. “Don’t let the door hit you where the good Lord split you.” “I think we shouldn’t get mad, I think we should get even,” Prokhorov added about Kidd’s power play in Brooklyn and desertion to Milwaukee. “And we’ll see it on the court.” New York Daily News

The billionaire at first sidestepped an inquiry about his desire to remain owner, but when pressed proclaimed that he is only listening to offers for minority shares of the team. “My position is that I will not give up control of the team,” he said. “But you know, I am quite happy when somebody sending me a nice offer without taking my control of team. I think, for the time being, nothing is imminent, but still I think it’s not bad just to listen. New York Daily News

November 3, 2014 Updates
October 20, 2014 Updates

The party Civil Platform intends to return to active politics and businessman Mikhail Prokhorov may head it again, Rifat Shaikhutdinov, chairman of the party's federal political committee, said in an interview published in Monday's edition of Izvestia. "Yes, he could do it any moment," Shaikhutdinov said, responding to a question as to whether Prokhorov may lead the party again. "But I think a decision on this matter will be made in 2016, when we understand how we will run in the State Duma elections. We are now thinking about it and we are experimenting with various forms," he said. Russia Beyond The Headlines

October 17, 2014 Updates
October 11, 2014 Updates

The Nets are currently reviewing “multiple” proposals from the Dodgers parent group about a possible merger of corporate assets, meaning the Dodgers could still be returning to Brooklyn despite repeated claims by the baseball group the deal is dead, a source close to the Nets told the Daily News on Thursday. There remains “interest” on both sides - between Mark Walter, the founder and chief executive of Guggenheim Partners, who is also the chairman of the Dodgers - and Nets executives on the possibility of integrating their corporate assets, the source said. New York Daily News

“Negotiations are taking a cooling off period since they’ve been played out in the media but there have been proposals to the Nets and they’re still being considered,” the source told the News. “Because of the amount of media attention, there’s a calming off period that’s going on but interest still remains by both parties and yes there was a proposal - multiple proposals - that were given to the Nets that are still being considered.” New York Daily News

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