HoopsHype Owners rumors

October 23, 2014 Updates

Stan Van Gundy took a question about the Detroit Pistons' vote on NBA draft lottery reform and turned it into a compelling lobby against maximum individual salaries for NBA players, which he deemed anti-competitive for elite players and teams alike. "They don't say to Bruce Springsteen, 'You can only get 25 percent of the proceeds and 75 percent's got to go to the E Street Band.' I mean, that's not the way it works," Van Gundy said Wednesday. Booth Newspapers

"If it were more of a free-market system, I think things would change," Van Gundy said. "I think you'd see greater parity in the league -- especially having the (salary) cap and no individual max." Booth Newspapers

October 22, 2014 Updates
October 21, 2014 Updates

Brooklyn Nets minority owner Bruce Ratner is putting his majority share of Barclays Center on the market. "Our goal is to identify a strategic partner as we continue to capitalize on the great performance of Barclays Center and the promise of Nassau Coliseum," Barclays Center spokesman Barry Baum said in a statement. "The current management team [Ratner and Barclays Center CEO Brett Yormark] will continue in its existing role." ESPN.com

October 20, 2014 Updates

Former Hawks player Dikembe Mutombo has met with a group of investors about joining their bid to buy the Atlanta Hawks. The group, which is made up in part of Atlanta businessmen, has begun the preliminary work to get involved in the process. Talks are ongoing. The group may also consist of other former NBA players. They hope to meet with the NBA commissioner’s office in the near future. Atlanta Journal-Constitution

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 14, 2014 Updates

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