Can the New Jersey Nets’ New Owner Bring Success?

Can the New Jersey Nets' New Owner Bring SuccessThe New Jersey Nets will be a team that will make many changes in the coming future – some have already started. Mikhail Prokorov – Russia’s richest man – has bought a controlling share of the New Jersey Nets. What this means for the Nets remains to be seen. The Nets were one of the “cheapest” teams with an estimated team value of $295 million – buying them now was a smart idea on Prokorov’s part. Prokorov was a former basketball player and has fortune of $9.5 billion. This also marks the first time in NBA history that a foreigner has owned a NBA franchise.

The Nets own fortune should improve in the coming years because of the opportunity to move to New York City in Brooklyn. New York is the largest market in the world so the change in location would make sense. The Nets are More »

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New Jersey Nets Team

New Jersey Nets TeamThe New Jersey Nets is a professional National Basketball Association team that is located in the East Rutherford. It is amongst the seven teams that are included in the Atlantic Division of the Eastern Conference of the National Basketball Association. It plays in the Continental Airlines Arena wearing red, blue and white colored uniforms. The Nets were founded in 1967 as a member of the American Basketball Association.

Initially it was known as the New Jersey Americans that debuted in the Teaneck New Jersey Armory before they were renamed the New York Nets and was relocated to long island. Their name rhymes with The New York Mets and the New York Jets. More »

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New Jersey Nets

New Jersey Nets

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New Jersey Nets Team

The New Jersey Nets is a professional National Basketball Association team that is located in the East Rutherford. It is amongst the seven teams that are included in the Atlantic Division of the Eastern Conference of the National Basketball Association. It plays in the Continental Airlines Arena wearing red, blue and white colored uniforms. The Nets were founded in 1967 as a member of the American Basketball Association. Initially it was known as the New Jersey Americans that debuted in the Teaneck New Jersey Armory before they were renamed the New York Nets and was relocated to long island. Their name rhymes with The New York Mets and the New York Jets.
In the summer of mid 70’s the ABA and the NBA merger took place. According to the terms of the merger four of the total eleven teams of ABA were included in NBA. To date they have bagged two championship titles and one Division title. While a member of ABA and three Division titles while they were in NBA. In its history with ABA that spans nine years it has bagged two Conference titles that took place in 2002 and 2003. The team was led by Julius Erving at that time.

The early nineties team included several young talented players namely Derrick Coleman, Drazen Petrovic and Kenny Anderson. Their head coach More »

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