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Come Fan with UsSaturday, June 20, 2026

NBA Exec: League Likely To Confirm New Nets Owner Prokhorov Next Month

Good news for the Nets: NBA COO Adam Silver said today that the league would likely welcome new Nets owner and Russian billionaire Mikhail Prokhorov into the fold next month.
Speaking at a press conference to discuss the Nets move to the Prudential Center in Newark, Silver said the league would confirm Prokhorov as the new Nets owner “probably sometime in early to mid-April.”
See video of the press conference here.
That timing would be great for the Nets, who have $23.3 million to spend on this year’s phenomenal free-agent class, which could potentially include you-know-who.

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