What’s Prokhorov doing these days?
For those that do not know who this is, Mikhail Dmitrievich Prokhorov used to own the Brooklyn Nets (alongside Jay Z).
The Balmer salary cap circumvention stuff reminds me of the AK-47 allegations
“The league, after getting complaints from at least one other team that suggested improper agreements, examined the signing and found nothing against the rules.
Kirilenko, who made roughly \(10 million in Minnesota last season, opted out of the final year of his Timberwolves’ deal and took the Nets’ \)3.1 mini-midlevel exception. In doing so, he triggered a wave of anger and suspicion. Rivals owners and executives intimated under-the-table deals existed between Kirilenko and Russian countryman Mikhail Prokhorov, the Nets’ billionaire owner. At least one owner – possibly more – complained to the league.”
Prokhorov is the number one reason the KG/Paul Pierce trade was such a fiasco. He later sold the team. I can’t imagine what it would have been like to have a Russian Billionaire (apparently he made his money off of metal assets) own the team over the last five years.
What’s he up too nowadays?