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Nets Receiving Interest From Geffen, China, Qatar

Mar 2, 2015 10:48 AM

The Brooklyn Nets are receiving interest in selling their franchise to parties from the United States and abroad.

Chinese conglomerate Fosun and the Qatari government’s investment fund have signaled an interest in buying the Nets from Mikhail Prokhorov.

David Geffen is also interested one year after he was unsuccessful in purchasing the Los Angeles Clippers.

Dick Parsons, who was interim CEO of the Clippers, also has interest. Parsons would need to line up investors.

The NBA hasn’t given Prokhorov clarity on whether he can sell his 80 percent stake in the team separately from his 45 percent stake in the Barclays Arena, where the Nets play, said one banker close to the sale process.

 

The league requires an owner to sell the same ratio of team and arena ownership as he originally bought, although it can waive that rule.

Sports Business Journal reported the NBA told Prokhorov he had to sell both. 

Some believe the NBA wants the Nets to wait until the Atlanta Hawks are sold.

Josh Kosman, Claire Atkinson/New York Post

Tags: Brooklyn Nets, NBA, NBA CBA

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76ers Claim Thomas Robinson On Waivers

Feb 24, 2015 4:25 PM

The Philadelphia 76ers have placed a waiver claim on Thomas Robinson.

Robinson was prepared to sign with the Brooklyn Nets if he cleared waivers.

The Denver Nuggets released Robinson this week.

Claiming Robinson allows the 76ers to exceed the salary cap floor.

Adrian Wojnarowski/Yahoo! Sports

Tags: Thomas Robinson, Philadelphia Sixers, Brooklyn Nets, NBA, NBA Signing Rumor, NBA Misc Rumor, NBA Waiver

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Andrei Kirilenko Signs With CSKA

Feb 24, 2015 10:35 AM

Andrei Kirilenko has officially signed with CSKA for the remainder of the season.

Kirilenko said in a statement that at 34, "the time has come to think about ending my career at the professional level" and that he wants to do that at CSKA.

Kirilenko spent the 11-12 season with CSKA before returning to the NBA with the Minnesota Timberwolves.

Kirilenko then signed with the Brooklyn Nets before the 13-14 season.

ESPN

Tags: Andrei Kirilenko, Brooklyn Nets, Philadelphia Sixers, CSKA Moscow, Euroleague, Russian PBL, NBA, International, International League, International Teams

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Thomas Robinson Agrees To Sign With Nets

Feb 23, 2015 1:47 PM

Thomas Robinson has agreed to sign with the Brooklyn Nets.

Robinson was bought out last week by the Denver Nuggets following his trade from the Portland Trail Blazers.

Adrian Wojnarowski/Yahoo! Sports

Tags: Thomas Robinson, Brooklyn Nets, NBA, NBA Signing Rumor, NBA Misc Rumor

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Andrei Kirilenko To Sign With CSKA

Feb 22, 2015 1:09 PM

Andrei Kirilenko will sign with CSKA Moscow when he clears waivers.

Kirilenko and the Philadelphia 76ers agreed upon a buyout this weekend.

Kirilenko was traded to the 76ers by the Brooklyn Nets in December.

David Pick/Eurobasket

Tags: Andrei Kirilenko, Brooklyn Nets, Philadelphia Sixers, CSKA Moscow, Euroleague, Russian PBL, NBA, NBA Misc Rumor, International, International League, International Teams

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Kevin Garnett Traded Back To Wolves For Thad Young

Feb 19, 2015 2:38 PM

Kevin Garnett has agreed to waive his no-trade clause to return to the Minnesota Timberwolves.

The Brooklyn Nets will acqire Thaddeus Young from the Wolves in exchange for Garnett.

Garnett was traded by the Wolves to the Boston Celtics in 2007.

The Wolves acquired Young as part of the Kevin Love deal last offseason.

Jon Krawczynski of the Associated Press reports the Wolves would like to sign Garnett to a two-year extension.

David Aldridge/NBA.com

Tags: Kevin Garnett, Thaddeus Young, Minnesota Timberwolves, Brooklyn Nets, NBA, NBA Trade Rumor, NBA Misc Rumor

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Nets, Jazz, Pacers, Pistons Interested In Reggie Jackson

Feb 19, 2015 2:36 PM

The Indiana Pacers, Brooklyn Nets, Utah Jazz and Detroit Pistons are all interested in Reggie Jackson ahead of the deadline.

Jackson will be a restricted free agent in the offseason after he rejected a four-year, $48 million offer from the Oklahoma City Thunder.

Adrian Wojnarowski/Yahoo! Sports

Tags: Reggie Jackson, Oklahoma City Thunder, Indiana Pacers, Utah Jazz, Detroit Pistons, Brooklyn Nets, NBA, NBA Trade Rumor, NBA Misc Rumor

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Nets, Thunder Close To Brook Lopez For Reggie Jackson Trade

Feb 19, 2015 12:40 PM

The Brooklyn Nets are close to trading Brook Lopez to the Oklahoma City Thunder in a package for Reggie Jackson.

The Nets, however, need to believe they will be able to convince Jackson to re-sign in the offseason. Jackson will be a restricted free agent. Jackson turned down a four-year, $48 million extension with the Thunder.

The Thunder have had interest in Lopez dating back to the 2008 NBA Draft.

The Thunder would include Kendrick Perkins and Perry Jones as part of the package.

The deal could also be expanded to send Jarrett Jack to the Washington Wizards and Kevin Garnett to the Minnesota Timberwolves.

Adrian Wojnarowski/Yahoo! Sports

Tags: Brook Lopez, Reggie Jackson, Perry Jones, Kendrick Perkins, Kevin Garnett, Jarrett Jack, Brooklyn Nets, Oklahoma City Thunder, Washington Wizards, Minnesota Timberwolves, NBA, NBA Trade Rumor, NBA Misc Rumor

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Nets Interested In Brook Lopez For Reggie Jackson Trade With Thunder

Feb 19, 2015 10:30 AM

The Brooklyn Nets have interest in trading Brook Lopez to the Oklahoma City Thunder in a package for Reggie Jackson.

The Nets, however, need to believe they will be able to convince Jackson to re-sign in the offseason. Jackson will be a restricted free agent. Jackson turned down a four-year, $48 million extension with the Thunder.

The Thunder have had interest in Lopez dating back to the 2008 NBA Draft.

The Thunder would include Kendrick Perkins and Perry Jones as part of the package.

Kevin Garnett and Thad Young could be included in the trade with the former going to the Minnesota Timberwolves and the latter going to the Nets. The Philadelphia 76ers could help facilitate.

Adrian Wojnarowski/Yahoo! Sports

Tags: Reggie Jackson, Brook Lopez, Perry Jones, Kendrick Perkins, Brooklyn Nets, Oklahoma City Thunder, NBA, NBA Trade Rumor, NBA Misc Rumor

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Wolves Interested In Trading For Kevin Garnett

Feb 19, 2015 12:02 AM

The Minnesota Timberwolves are making a late push to trade for Kevin Garnett.

The Wolves and Brooklyn Nets have discussed a trade involving Garnett returning to the franchise he began his career with for Thad Young.

Garnett has a no trade clause and has interest in becoming an owner of the Wolves in the future.

The Wolves acquired Young as part of the Kevin Love trade in the offseason for Miami's first round pick.

Adrian Wojnarowski reports that Garnett has ruled out a buyout with the Nets and will instead consider the Wolves' trade idea.

Update: Approximately 90 minutes before the deadline, Wojnarowski reports there is a growing belief Garnett will waive his no-trade clause.

Marc Stein/ESPN

Tags: Kevin Garnett, Thaddeus Young, Minnesota Timberwolves, Brooklyn Nets, NBA, NBA Trade Rumor, NBA Misc Rumor

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Pistons Make Trade Call To Nets On Joe Johnson
The Pistons attempted to build a package for Joe Johnson around Brandon Jennings and expiring contracts.

Ohm Youngmisuk/ESPN

Nets Continue To Shop Brook Lopez
Brook Lopez has a player option for the 15-16 season.

Marc J. Spears/Yahoo! Sports

Warriors, Hawks, Blazers In Top-10 On Both Offense, Defense
Fourteen other teams are in the top-10 in either offensive or defensive efficiency.

Christopher Reina/RealGM

Clippers Expected To Pursue Kevin Garnett If Bought Out
Kevin Garnett recently downplayed the possibility of reaching a buyout with the Nets.

Marc J. Spears/Yahoo! Sports

Nets, Grizzlies Interested In Andray Blatche
The Nets have a roster spot open and are interested in a potential reunion with Andray Blatche.

Mike Mazzeo, Marc Stein/ESPN

Nuggets Include First Round Pick In Offer To Nets For Brook Lopez
The Nuggets were also offering J.J. Hickson and JaVale McGee in their trade package for Brook Lopez.

Marc Stein/ESPN

Kevin Garnett Resists Notion Of Buyout From Nets
Kevin Garnett resisted the idea of asking for a contract buyout from the Nets.

Brian Lewis/New York Post

Nets Refusing Nuggets' Offer Of J.J. Hickson, JaVale McGee For Brook Lopez
The Nuggets are pushing an offer of J.J. Hickson and JaVale McGee for Brook Lopez.

Marc Stein/ESPN

Nets Evaluating Lionel Hollins
Lionel Hollins is in the first season of a four-year deal worth more than $20 million.

Marc Stein, Ohm Youngmisuk/ESPN

Brook Lopez Prefers To Remain With Nets
The Nets have been pursuing a trade of Brook Lopez.

Marc J. Spears/Yahoo! Sports

Nets, Hornets Discuss Trade Involving Joe Johnson, Lance Stephenson
Michael Jordan has been intrigued with the possibility of Joe Johnson.

Adrian Wojnarowski/Yahoo! Sports

Mirza Teletovic Out For Season With Blood Clots In Lungs
In 40 games this season, Mirza Teletovic posted averages of 8.5 points, 4.9 rebounds and 1.1 assists in 22.3 minutes per game.

RealGM Staff Report

Giannis, Oladipo, Mason Plumlee Confirmed For Dunk Contest
Giannis Antetokounmpo, Victor Oladipo and Mason Plumlee will participate, while Zach LaVine could also be added.

Adrian Wojnarowski/Yahoo! Sports

Average NBA Franchise Valuation Now More Than $1 Billion
There are now 11 NBA teams worth at least $1 billion, compared to three a year ago.

Kurt Badenhausen/Forbes

Brook Lopez Expected To Exercise $16.7M Option For 15-16
Brook Lopez figures to receive a lower annual amount in his next contract.

Zach Lowe/Grantland

Durant: I Like What We Have In Here, Low Post Scoring Not Our Problem
The Thunder were working towards a Brook Lopez trade this week before the Nets decided to keep him for now.

Anthony Slater/Oklahoman

Nets Decide To Keep Brook Lopez For Now
The Nets backed away from the idea of simply moving Brook Lopez on a salary dump.

Adrian Wojnarowski/Yahoo! Sports

Thaddeus Young Drawing Interest From Nets
The Nets would look to flip Kendrick Perkins for Thaddeus Young.

Marc Stein/ESPN

Nets, Thunder Progressing On Brook Lopez For Perkins, Lamb Trade
Three-team talks with the Hornets that would have sent Lance Stephenson to Brooklyn are dead.

Chris Broussard/ESPN

Nets Put Lopez, Stephenson Talks On Hold
The Nets pulled back from three-team talks involving Brook Lopez and Lance Stephenson on Friday.

Rick Bonnell/Charlotte Observer