Barclays Center Rumors

Young will be at the Barclays Center on Thursday but knows the most special New York arena is the Garden. “The history behind the Garden and all the players that have come through and played on that court in the Garden, I think that the history is the reason why it still is, in my mind, the mecca of basketball,’’ Young said. “It definitely draws me in, that’s the thing about New York, that’s a big thing about the history, and the Garden is a big part of that.”
The transaction provides Mr. Tsai an option to acquire further shares in 2021 and, if exercised, become the controlling owner of the team. The announced share sale does not include Barclays Center, which will continue to be wholly owned by Onexim Sports and Entertainment. The NBA Board of Governors unanimously approved the transaction.
Prigioni, the former Argentinian national team point guard and 2008 bronze medalist, was at Brooklyn’s shootaround Thursday morning at Barclays Center. The 40-year-old was first spotted at Nets shootaround on February 9 and has attended all of Brooklyn’s three home games since. Prigioni is visiting and learning about all phases of basketball operations, from coaching to management, while in town with the Nets.
Despite a league-low payroll, the Nets lost $44.3 million last year, according to confidential league documents obtained by ESPN’s Zach Lowe. That’s the league’s second biggest loss, behind only the Pistons who lost $45.1 million. The Pistons’ losses were actually much greater. The Nets did not receive revenue-sharing money from the league and their profits from Barclays Center are not included in the analysis. The Pistons, on the other hand, lost $63.2 million before collecting revenue sharing last season, “the largest loss by a wide margin,” Lowe notes. Detroit doesn’t own its own arena, unlike the Nets.