New Jersey Nets: Springboard to Russian Hoop Revolution?
The Russian is Coming. The Russian is Coming. Holy Trotsky!
Bruce Ratner's 'Stal-lin' is over. The Nets will be 'Putin' new ownership in place. Will they be 'Pushkin' the ball up court with a new team attitude? The quintessential 'also rans' will be rumbling with rubles.
Is an Andre Kirilenko trade on the Nets horizon? With Yi Jianlian, they would give 'eastern bloc' a new meaning.
Would Devin Harris be exported to Siberia for lackluster defense?
Will perogies borscht be hawked by Net aisle vendors? (Someone stop me - please! I've opened my mouth and I can't shut up!)
We all know that the New Jersey Nets have had a uniquely bad history when it comes to fan support. Fans-in-the-stands numbers are more deceptive than mortgage derivatives were a few short months ago. The team continues to lose money.
So it should be no surprise that owner Bruce Ratner wants out. That he sold the team for a cool $200 million is to his advantage.
That "the most interesting man in the world", Russian Mikhail Prokhorov, (i.e. the richest Russian), has purchased the majority share in the NBA's very own gulag known as the New Jersey Nets makes it all that much more interesting. He is your average 6' 7", 45 year old, flamboyant Russian bachelor worth $9.5 billion. Oh yes, I will say it. He was ....thirsty my friends....for American hoops. (Everyone who just groaned will be added to the KGB surveillance list.)
David Stern, who has expanded the league’s television, retail and other business units overseas, said he welcomes the Russian businessman to the league.
"Interest in basketball and the NBA is growing rapidly on a global basis," Stern said in a press release. "We are especially encouraged by Mr. Prokhorov’s commitment to the Nets and the opportunity it presents to continue the growth of basketball in Russia."
That Mikhail obtained his money in a somewhat dubious way adds interest, though that is how all post Soviet mega-rich Russians seemed to have obtained their money. Honesty is a foreign word there. With the economic breakdown in the U.S. it could be considered a foreign word here too.
In the Bloomberg.com article by By Curtis Eichelberger and Yuriy Humber, Mikhail says that ....
he would use ownership in the Nets to promote the game in Russia.
"We must change the model of basketball development in Russia using super-modern systems of coaching," Prokhorov said. "The base for such development should be a strong youth basketball league."
I can just picture that cold, emotionless voice of the Russian leaders in Rocky IV saying that. "We will break you." And Drago punches the calibrated machine and it goes off the charts.
"We vill change mudel of basketbul development with super-modern ballistic and anti-missle systems. You cannot stop us."
With NBA height of his own, this playboy entrepreneur looks like he could have played the game himself. That he is buying 45% of the new Brooklyn Nets arena (Barclays Center) as well, makes him smart as well as tall. The real money is in that arena, BTW. By his own rumored admission, he might be the only NBA owner who can dunk. (Forgetting MJ, eh comrade?)
That he has a bottomless nickel mining pool of dollars could change the total future outlook of the Nets in a way that Mark Cuban buying the Mavericks did for Dallas. Remember how bad the Mavericks were? If Mikhail makes that kind of commitment, the Nets will challenge the Knicks locally and the NBA generally for something they have lacked forever – real respect. As Cuban did, will he commit to an ultramodern, spare no expense approach to his U.S. team?
It is way too early to make those kind of predictions. But why let that stop me? Let’s fantasize the inglorious swampland past to a glorious Brooklyn Net future.
As noted in the Bloomberg article, Brighton Beach, a section of New York known as Little Odessa, is not that far away from where the new arena is planned.
The move has been bogged down by local opposition and a reduced financial ability by Ratner. It will be interesting to see how things change (or stay the same) with a new financial juggernaut dropped into the process.
The sale is expected to pass approval of the NBA owners in the first quarter of 2010.
As a former owner of Moscow’s CSKA basketball team, Prokhorov is quite familiar with the game.
China has always intrigued me as a mega growth opportunity for the game. Could Russia become a new force as well? I really know very little about basketball in Russia. Will they trade in their hockey sticks for the warmth of in-door basketball? Will the parks of St. Petersburg be rockin' with bouncing balls and hoop courts?
Mr. Prokhorov has said that a strong youth league will be critical. Will he want to follow the U.S. model (public school and AAU programs)? or the Euro model (early sponsor contracts and long term development in age level leagues) ?
There are so many possible long term implications that can come from this that it opens itself to wild-eyed conjecture. Remember when the Russians were the top competition in the Olympics? Oh yeah, that was when Russian meant the Baltic countries’ players, too.
Let your greedy capitalist minds run wild on this one. Will there be a new Net Manifesto? Could it even mean….Hello Lebron for the Nets?
Let the revolutionary thoughts begin.
Bonus Link: Follow this story as it develops on SBNation.com
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Chad Ford just tweeted:
Nets fans are about to get the next Mark Cuban. He will spend crazy $$ and try to turn the Nets back into something special.
this could be fun actually
“LeBron James now starting for the Brooklyn Nets”
"We few, we happy few, we band of brothers" Henry V
agreed
the NYC area should have 2 prominent teams, considering that it’s regarded as the “mecca” of basketball. the Nets as we know them are practically a minor league team when it comes to attendance and their arena. they’ve actually tried spending money on players and it hasn’t worked. this franchise needs an infusion of capital of epic proportions so they can upgrade everything about the team rather than just the roster. bringing Prohokovohov into the fold is exactly what they need to rebuild the Nets by relocating and rebranding the team as a true New York ball club.
Mikhael
This guy was just arrested during a skiing vacation because the police thought all the women he was bringing with him were related to a prostitution ring. HoopsHype reported this a couple days ago. He was then released, and was very upset that his vacation was ruined. Who knows what was really going on, but we can be sure that this guy likes to party and spend. Watch-out!
lol
thanks for the spelling. I was in a hurry.
But I thought that same thing, until I went over there. It has a Russian influence and is associated with Russia, as far I was told by the people in the Czech Republic and some Slovaks.
And you can’t even find pierogies in Prague.
maybe they are just Slovak
In that case insert….. Borscht
Russian billionaires...
…are prevalent over here (Europe) in soccer. Sure enough, they do like to spend like crazy and not entirely without good business sense either. Their reputation is that they treat the team like their “toy”, but they have seen a lot of success.
The success of the Nets could depend heavily upon how “hard” the salary cap is in the next CBA. Obviously there are others relying on this (Knicks, Blazers, Mavs) too.
Off topic slightly, if the Brooklyn Nets are really successful (let’s say they get LeBron, for example), could this reduce the Knicks’ casual fanbase or is NY so heavily populated that it won’t matter?
excellent question
I think the fans there would love an alternative to the Knicks. they sure as heck love their secondary franchises in baseball and football. also, Brooklyn has a very rich history all its own and would surely love to wrap its passionate arms around a new team.
That's not true...
The Yankees have a way WAY bigger following than the Nets and the Giants have a way WAY bigger following than the Jets.
I was thinking about that question and the answer is...
there is dense enough population in the marketing area to accommodate two NBA basketball teams.
The fan loyalty to the Knicks is insane, or insanely good, depending on how you view things. They have been abused and disrespected for far too long, IMO.
I’ve always hoped something would kick start the Nets. This looks like it. At least they now have deep pockets. Just get management and things should start perking.
Rod Thorn isn’t perfect, but I’ve always respected him. Maybe we get to really see what he can without a tight checkbook.
The new CBA will effect things, too. It has been mentioned that the luxury tax might increase significantly.
Dou you think...
that there is a conspiracy involved in all of NYCs secondary market teams names ending “_ets”… unless you count the Islanders,,, but who does.
I thought this was funny and well written
you may be more creative than me???……………………..Nah……………………
very nice T
Is it Soup Yet?
Thanks M. Po
bows to the Master….Po.
I was going to add something about all the screaming and Yeltsin.
Speaking of Rocky, Boris wasn’t Badenov, but Prokhorov may be, and that’s no Bullwinkle.
Great News
Actually this is great news for the Nets and for the NBA. Stern has worked tirelessly to get into global markets and this will help. The big question is if they can now get an arena built in Brooklyn and get away from Exit 15W on the New Jersey Turnpike.
i’m russian american myself but i have my doubts about any of these modern day capitalistas from the former soviet union. i question their banking and financing procedures, their burgeoning wallets when most russians wear bad shoes, and thier connections to either the russian mafia or even worse, putin.

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