Storyline: Brooklyn Nets Sale?

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Tsai, who has a home in LaJolla, California, sat courtside near the Nets bench with his family. It’s at least the third time he’s been seen at a Nets game since agreeing in principle to purchase 49.5 percent of the team from Mikhail Prokhorov. The reported price tag for the co-founder of Alibaba, the Chinese e-commerce giant: $1.13 billion. Under terms of the deal, as reported back in October, Tsai will assume ownership control of the Nets in 2022. Prokhorov would then become a minority stakeholder.
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September 19, 2018 | 2:37 pm EDT Update
Butler and Thibodeau met on Tuesday in Los Angeles to discuss his situation, according to multiple sources. Over the last several weeks, Butler began to seriously contemplate his future with the Timberwolves and a potential trade request, league sources said. It was in that meeting that Butler expressed a desire to be traded, telling Thibodeau that he does not intend to sign a long-term extension with the Wolves next summer. He has provided a list of one to three teams with which he would be open to signing a long-term deal, sources said.