Brooklyn Nets Owner Prokhorov Says He’s Selling 49 Percent Stake

MOSCOW (CBSNewYork/AP) — Brooklyn Nets owner Mikhail Prokhorov has told Russian media he’s selling a 49 percent stake in the NBA club.
The Russian billionaire announced his intention to sell a minority stake in December, and now says “49 percent of the Brooklyn shares are up for sale,” in comments reported by R-Sport.
He adds that “currently the process is going on, and we are looking for a buyer.”
Prokhorov took an 80 percent stake in the then-New Jersey Nets