Brett Yormark will announce his resignation as CEO of BSE Global on Friday.

BSE Global is the outgoing parent company of the Brooklyn Nets and Barclays Center.

Joe Tsai is finalizing a $3.5 billion purchase of both the Nets and Barclays Center.

Yormark has spent 14 years with the team in this his second tour of duty with the Nets where he also worked in the late 1990s.