In September 2019, Tsai became the owner of the Brooklyn Nets of the NBA and chairman of Barclays Center. He initially invested in the NBA team in October 2017, purchasing a 49% stake in the Nets from Russian billionaire Mikhail Prokhorov in a deal that valued the team at $2.3 billion, with the option to buy the remaining stake of the team no ...

Joe Tsai is the governor of the Brooklyn Nets of the National Basketball Association (NBA) and chairman of BSE Global, which includes the Brooklyn Nets, the team’s home arena Barclays Center,...

The original owner of the Nets franchise was trucking magnate Arthur J. Brown, who founded the team in 1967. The next year, Brown sold the team for $1.1 million to entrepreneur Roy Boe. [66]

Alibaba billionaire Joseph Tsai, the owner of the Brooklyn Nets, will become a minority owner of G2 Esports with a $10 million investment. The company will open a New York office in early...

Sep 18, 2019 · BROOKLYN – Joe Tsai, through entities controlled by him, has completed the acquisition of full ownership of the Brooklyn Nets and Barclays Center. With the closing of the transaction, Tsai becomes NBA Governor of the Nets and …

Oct 25, 2023 · The Brooklyn Nets are currently owned by Joseph Tsai, who is the co-founder and chairman of the Chinese multinational technology company Alibaba Group. He purchased a 49% stake in 2017, and...

Oct 24, 2023 · Jay-Z does not own the Brooklyn Nets. He was a minority owner of the team from 2004 to 2013, but he sold his stake in the team to start his own sports agency, Roc Nation Sports.

BROOKLYN (SEPTEMBER 18, 2019) – Joe Tsai, through entities controlled by him, has completed the acquisition of full ownership of the Brooklyn Nets and Barclays Center. With the closing of the...

Apr 12, 2024 · In an interview earlier this month with the head of Norway’s sovereign wealth fund — a big holder of Alibaba shares — Brooklyn Nets owner Joe Tsai talked about owning the team as well as...

Aug 16, 2019 · Alibaba co-founder Joseph Tsai has been confirmed as the new owner of the National Basketball Association’s (NBA) Brooklyn Nets and their Barclays Center home after buying Russian billionaire Mikhail Prokhorov’s 51 per cent controlling stake in the franchise.