While the Brooklyn Nets find themselves in a rebuilding phase this season, team owner Joe Tsai remains steadfast in his dedication to success, as reported by NetsDaily.com.
“For a sports owner, the return season after season is winning. Every season, you’re trying to win the championship, so you want to win games, right?” Tsai emphasized during a CNBC conference in Singapore (hat tip to Sports Illustrated’s Wilko Martinez Cachero).
He clarified that while financial considerations are always a factor, they do not overshadow his primary motivation.
“You’re not looking at the income statement of the team from season to season, so I guess the final payoff for me is less financial – even though the financial aspects are important, I have to make sure that the bottom-line investment makes sense – but at the end of the day, it’s through the love of sports. I have a passion for sports. That’s why I invested in these teams.”
Beyond the NBA, Tsai also holds a 3% stake in the Miami Dolphins, but his aspirations in the NFL remain secondary to his commitment to the Nets.
As reported by Brian Lewis of the New York Post, Tsai made it clear that his current focus is on delivering success in Brooklyn before considering a larger role in football ownership.
“No, I still don’t feel like I’m an NFL owner,” Tsai admitted. “I’ve got to take care of the Brooklyn Nets first, which means you need to win first in the sport that you’re already involved in. So you’ve got to take care of business here.”
Despite the team’s struggles this season, Tsai’s words reaffirm his long-term vision for the Nets, demonstrating that his ultimate goal remains building a championship-caliber franchise.
Nets Notes: Tsai, Johnson, Thomas, Free Agency, Sharpe https://t.co/IA2m1FCtMT pic.twitter.com/noWGdsBpOX
— Hoops Rumors (@HoopsRumors) March 26, 2025
