Bobby Marks Rumors

Prokhorov’s record as an NBA owner: 300-504. What Prokhorov will sell the team for, after acquiring it for $223 million, plus the team’s debt, in 2009: $2.35 billion. Said a longtime Nets official, “He went for it, tried to win a championship and left.” Prokhorov was a good NBA owner, at least by some measurements. “Part of his legacy,” says former Nets executive Bobby Marks, “is that he saved the Nets.” Indeed, Prokhorov took control of the Nets during a U.S. recession. The Barclays Center project—mired in expensive legal battles that ex-owner Bruce Ratner was struggling to afford—was on the brink of collapse. Enter Prokhorov, whose infusion of cash helped salvage the project.