Sportsillustrated.cnn.com: Mogul’s Nets bid criticized in Russia

From sportsillustrated.cnn.com: Mogul’s Nets bid criticized in Russia

Russian tycoon Mikhail Prokhorov’s bid to buy the New Jersey Nets was called “unpatriotic” by a member of his country’s upper parliament chamber’s sports committee.

Prokhorov, Russia’s richest man worth an estimated $9.5 billion by Forbes, reached a tentative deal Wednesday to invest $200 million to acquire 80 percent of the Nets’ shares and fund nearly half the cost of building a new arena. Prokhorov, who owns a share in the prominent Russian team CSKA, says he wants the deal partly as a way to get access to the NBA’s training methods and educate coaches on how to improve Russian basketball.

If you want to improve Russian basketball, the first thing to do is to stay away from the New Jersey Nets.

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