HoopsHype Brett Yormark rumors

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February 14, 2015 Updates

Following the announcement in 2013 that the New York City teams would co-host the All-Star game, soon-to-be commissioner Adam Silver said the Nets would host the big Sunday game at Barclays Center in “the relatively near future,” a reward for only holding the sidebar events in 2015. Amidst rumors that majority shares of the team and the arena are up for sale, CEO Brett Yormark told the Daily News that there hasn’t yet been a commitment from the Nets. He said the topic should be discussed shortly. “I’m sure there will be some options to host it again,” Yormark said. “I’m sure after this weekend, management and ownership will sit down and decide whether or not it’s something we want to pursue. But the experience has been terrific.” New York Daily News

January 13, 2015 Updates

Chris Broussard: Nets are denying report that Mikhail Prokhorov has put the team up for sale. Quote from Nets ownership: "As we have said for many months, ownership is always open to listening to offers – that’s just good business. There is nothing imminent in terms of a sale of any stake in the team." I'm not reporting Nets not selling; I'm reporting Nets are DENYING report, specifically Brett Yormark, Barry Baum & GM Billy King. Twitter @Chris_Broussard

December 15, 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 4, 2014 Updates

The source described the meeting — which Nets minority owner Bruce Ratner and chief executive officer Brett Yormark also attended — as “exploratory” in nature. The source said Prokhorov held the meeting to look into ways to expand his sports and entertainment portfolio, which, along with the Nets, includes Barclays Center, Nassau Coliseum and the sales and marketing operations of the Islanders. The source said that any deal that is made with another group would be a “merger and not a sale” and that nothing is imminent. New York Daily News

February 25, 2014 Updates
December 10, 2013 Updates
October 28, 2013 Updates

"You've always dreamed of playing in the pros and here's your chance to get on the court," wrote Nets CEO Brett Yormark, in a letter in the ad. "As we embark on what is sure to be one of our most exciting seasons in franchise history, this is your opportunity to be our sixth man." ESPN.com

October 22, 2013 Updates

Forest City Enterprises which owns 55 percent of the arena operating company attributes the shortfall to the opening costs, "to make a big splash in the first year, investing heavily in marketing, customer service and securing top acts," writes Brown. Indeed, the arena has been the nation's top grossing venue for concerts and family shows through the first three quarters of year one ... and second in the world. "We can easily reduce our expenses by 15%, if not higher," Brett Yormark, CEO of the Barclays Center, told WSJ, adding the arena's first 12 months have "exceeded my expectations." NetsDaily

October 15, 2013 Updates

A year ago on Tuesday, Brett Yormark, chief executive of the Brooklyn Nets NBA basketball team, was watching his team play its first game in its new home after a move from New Jersey to New York. Twelve months on, and the 10-mile move to Brooklyn now looks inspired, with an expensively assembled "super-team" of stars, playing in front of bigger audiences in a new arena. "In every respect the move has been transformational," Mr Yormark tells the BBC News website. "We have moved a few miles but we could have moved to the other side of the country, such is the difference. We got more buy-in from New York people than we expected. "The resources we have at our disposal are now so different." BBC

September 20, 2013 Updates
September 16, 2013 Updates
September 13, 2013 Updates

The Nets had a harder time selling the team in Russia than you would think, despite having the first Russian and European owner. The lament was always if you only had a Russian player. Now, the Nets have not only any Russian player, but Andrei Kirilenko, they are trying again. Kirilenko, Irina Pavlova and Brett Yormark will head overseas next week and make the rounds of media and sports "influencers" not so much to sell sponsorships, but to re-introduce the team now that it has one of Russia's greatest player son its roster. NetsDaily

September 6, 2013 Updates

Kevin Garnett and Brett Yormark spoke at a NBA press conference in Beijing, their second joint appearance in two days, and the two echoed the dual themes they had pushed the night before at a dinner for Chinese executives: The Nets plan on winning a championship and want to be a global team. Yormark put the championship at the top of the list, saying it's not just a goal. Anything less is unacceptable. "Our two biggest goals right now are to win championships and to be a global team. And in order to do that we needed to bring players like Kevin Garnett, Paul Pierce and Jason Terry to Brooklyn," Yormark added. In a closing statement, the Nets CEO added, "Nothing but a championship is going to be accepted." NetsDaily

September 3, 2013 Updates

Kevin Garnett and Brett Yormark will co-host a dinner for Chinese executives in Beijing Thursday night, as part of the Nets push to attract sponsors for the team. Yormark is in Beijing all week to stir up business, while KG is promoting his new sneaker line with Anta, the big Chinese sportswear company. The two will host a dinner for 20 CEO’s in Beijing. Among those expected: executives from tech, automotive and sports performance brands. NetsDaily

August 16, 2013 Updates

There will be a star-studded wedding party tonight at the Wolffer Estate in Sagaponack for Brooklyn Nets and Barclays Center CEO Brett Yormark and bride, Elaina Scotto, sister of “Good Day New York” anchor Rosanna. Those expected include Matt Lauer, Katie Couric, Jason Kidd, Michael Strahan, Bruce Ratner and Town broker Jonathan Cohen. The newlyweds had a small private ceremony at the St. Regis last week. There’s lots to celebrate, since Yormark and Ratner’s group was just picked to renovate Nassau Coliseum. New York Post

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