In the next few days, the Brooklyn Nets will have a new owner.
The billiionairre and Taiwan native, Josheph Tsai is close to signing a deal in order to buy the 51% of the Brooklyn Nets per New York Post.
Tsai is ready to fully become the main owner of the team, since he hold the 49% of the franchise, which he bought for 1 billion$ last year.
According to the New York Post, the deal will be concluded this week with Tsai buying the rest of the share from Russian billionaire, Mikhail Prokhorov.
Furthermore, the Taiwan co-founder of e-commerce giant Alibaba, will reportedlly spend 2.35B dollars to conclude the deal.
That, indeed, will mark the highest price ever paid for a sports franchise beating the 2.2B that William Fertita spend two year ago to buy the Houston Rockets.
After a few trials and tribulations, Brooklyn Nets are ready to compete for the title the next few years, since the signing of Kevin Durant and Kyrie Irving.
After these additions, the projected revenue of the team will pop up by 10 to 15% in the next season, before even the biggest star of the Nets roster, Kevin Durant, make it to the court per NY Post.
The Nets signed Durant for $164 million, despite an Achilles tendon injury that will keep him in the sidelines for a great chunk of the coming season.
Kyrie Irving was also signed to a four year, $142M deal last month.
Per NY Post, Tsai, who Forbes estimates that he worth $9.9 billion, is also close to conducting another deal in order to buy Barclays Center.
The NBA prefer to have his owners own the arena of the team and that’s why Tsai wants to become the new shareholder of the Brooklyn Nets arena.