NBA Off-Season News Thread: Roy extends 80/5, AI to Grizz, Chandler/Okafor swap, Marquis to C's.
- Thread in 'Sports & Training' Thread starter Started by japanair21,
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marionthebarberian
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grandma wanted the D from Damp and Matrix..
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im not you
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It's good Keith Bogans managed to stay in the league...dude was considered "other- worldly" in HS and was the 2nd best prospect in the entirecountry.
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Ayo grandma.
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trying to relive her hs locker room experiences.Originally Posted by JapanAir21
Ayo grandma.
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MOSCOW -- Russia's richest man, Mikhail Prokhorov, has made a takeover bid for the New Jersey Nets, the tycoon confirmed on his blog on Tuesday.
Prokhorov, a former nickel mining baron, boasts that if his move is successful, it would be the first time a National Basketball Association club would come under foreign control.
Prokhorov's proposals, sent to existing Nets shareholders over the weekend, would see his Onexim group provide a loan to build a substantial part of a new arena, according to a post on his Web site.
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AP PhotoWould-be Nets owner Mikhail Prokhorov, seen in 2008, has an estimated net worth of $9.5 billion.
Onexim would also receive a controlling stake of the NBA team for a "symbolic" price, the post said. Sources close to the billionaire have previously estimated the overall value of any deal at $700 million.
"For our Onexim group the realization of this very lucrative business project, whose participation was made possible by the world crisis [never in history have foreigners owned an NBA club], is another interesting sports development," Prokhorov wrote.
Nets and NBA officials declined to comment, but the team said last week that they have received interest from potential investors in the team.
NBA rules do not bar overseas ownership, and transfer of ownership requires background checks on a new owner as well as approval by 75 percent of the league's 30 owners.
Russian oligarchs spent money on yachts, mansions and sports clubs as their investments rose with soaring commodity prices in recent years. In the highest-profile deal, Roman Abramovich bought London soccer club Chelsea in 2003.
While many of his Russian peers sought state bailouts, the 44-year-old Prokhorov, a former banker and mining executive, is flush with money after cashing out of assets in 2008 before the global crisis caused commodity prices to crash.
A former chief executive of the world's largest nickel firm Norilsk Nickel, Prokhorov has an estimated fortune of $9.5 billion, according to the latest Russian edition of Forbes magazine.
Developer Bruce Ratner owns the Nets, which Forbes magazine in December ranked as the 26th most valuable of the 30 NBA teams, with an estimated value of $295 million.
The club plans to move from New Jersey to a new arena in Brooklyn.
In addition, Ratner's company, Forest City Ratner, proposes constructing 16 office and apartment buildings, as well as upgrading subway, utility and other infrastructures as part of a larger project.
Legal disputes, financing problems and challenges from local community groups have dogged the project for years. In June, Ratner dropped architect Frank Gehry to cut costs, further irking critics as Gehry's design was a key factor in winning public support for the project in the first place.
Information from Reuters was used in this report
TheGodFresco
formerly gsdoubleu
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James White to Nuggets? Nice
mjshoefanatic
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Flight White should get much burn in Denver
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I seen him in summer league, his offense was lacking sorely.
I think he was one of players who were banking on TC to try and get a spot on the team.
I think he was one of players who were banking on TC to try and get a spot on the team.
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Not sure how much he'll help, but some dunks in garbage time will definitely be appreciated.
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Good luck to White. He was okay during the Summer League play, but the Rockets decided to keep rookie Jermaine Taylor.
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He probably gonna ride that pine hard too.
White and Taylor
White and Taylor
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Rockets sign Rashad McCants to an unguranteed contract.
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Lee signs 1 year deal with the Knicks. (8M with incentives)
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Although I'm no longer a fan of him, and am glad the Nuggets didn't sign him, I think that may be a good fit.
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i do too, especially with the injuries that team suffers. He might actually get a good chance to shine(if he's up for it)
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The only thing he's up for is breakfast, I doubt he will do much (I hope he does though)
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Flip Murray reportedly signs with Charlotte for a year.
mateen cleaves
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that was random, didnt think he would sign there but if its true then thats a very very good pickup IMO.
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I know the Nuggets just picked up James White, but they can't be serious enough to trot him and Arron Afflalo as their SGs till J.R. Smith comes back fromhis suspension right?
What's Jerry Stackhouse up to? George Karl needs to use that UNC connection
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What's Jerry Stackhouse up to? George Karl needs to use that UNC connection
mateen cleaves
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I keep hearing about Stack going to Atlanta but not sure how true that is.
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I don't think it's that bad. White was always pretty decent on the defensive end and Afflalo wasn't too bad in Detriot. It's notlike Dahntay Jones was that great.Originally Posted by I NaSmatic I
I know the Nuggets just picked up James White, but they can't be serious enough to trot him and Arron Afflalo as their SGs till J.R. Smith comes back from his suspension right?
What's Jerry Stackhouse up to? George Karl needs to use that UNC connection.
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I think Stack can still be a reliable 8-10 PPG scorer.
Not sure how he fits in Atlanta with Joe Johnson, Marvin Williams, Mo Evans and Jamal Crawford occupying the SG/SF positions.
Not sure how he fits in Atlanta with Joe Johnson, Marvin Williams, Mo Evans and Jamal Crawford occupying the SG/SF positions.
The Nuggets are going to need some kind of scorer off the bench since Smith will be starting (I think?) and Linas Kleiza is in Europe.Originally Posted by MayhemMonkey000
I don't think it's that bad. White was always pretty decent on the defensive end and Afflalo wasn't too bad in Detriot. It's not like Dahntay Jones was that great.Originally Posted by I NaSmatic I
I know the Nuggets just picked up James White, but they can't be serious enough to trot him and Arron Afflalo as their SGs till J.R. Smith comes back from his suspension right?
What's Jerry Stackhouse up to? George Karl needs to use that UNC connection.
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Stack has fell off tremendously, that 8-10 PPG would cost you about 20 shots per game..
