Wednesday, September 23, 2009

Russian Billionaire has deal to buy Nets


Mikhail Prokhorov, Russia's richest billionaire, has a deal in place to buy controlling interest in the New Jersey Nets, and he is most likely funding the building of a new stadium in Brooklyn. This should be an immediate red-flag for Cavs fans everywhere, who are dreading the thought of LeBron signing with another team after this season. Think about the facts here. The man is the worth $9 billion dollars. He has nothing better to do with his money than buy an NBA team and load it with talent. LeBron has publicly stated that he wants to be one of the richest people in the world. This all adds up to bad timing for the Cleveland Cavaliers. Jay-Z has also stated his financial interests as well in a Brooklyn-located NBA franchise, and there's a good chance he'll be a minority owner. LeBron and Jay-Z are very close. Don't stress out yet Cavs fans, hopefully the Cavs just win a championship this year and LeBron decides he owes it to Cleveland to come back and win a few more. The fact of the matter is though, that the news of this billionaire buying the Nets and moving them to Brooklyn gives many the impression that this could be LeBron's last year in a Cavs uniform. However, he is from Akron and has built an global empire already. Maybe he'll decide to stay in a Cavs uniform for his whole career. If not, LeBron James is still underrated

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