By Eurohoops team/ info@eurohoops.net
The deal includes the option to acquire controlling interest of the NBA franchise in several years, according to ESPN.
The purchase price will be based upon a $2.3 billion valuation of the team, league sources said. Mikhail Prokhorov will remain the principal and operating owner of the Nets for an additional four years, with a presumption that he will sell his majority stake upon the triggering of Tsai’s option.