New Jersey Nets
Prokhorov To Nets Fans: ‘Miracles Happen’
Mikhail Prokhorov is a risk taker who likes stress and challenges. The soon-to-be Nets’ owner has come to the right place.
Prokhorov will take over a team enduring one of the worst seasons in NBA history. But as Prokhorov said in a profile Sunday night on “60 Minutes”, he is confident the Nets won’t be down for long. He has good reason to feel that way: Everything the Russian billionaire touches seems to turn to gold, literally.
He owns large part of a gold-mining company and sold his shares of a major metals operation for $10 billion months before the Russian stock market crashed.
“It’s a part of any business to be lucky,” Prokhorov said in the “60 Minutes” piece.
“Miracles happen.”
From Prokhorov’s lips to Nets’ fans ears.
Despite this forgettable season there is optimism for the future, and Prokhorov is a big reason.
The Nets will have roughly $23 million to use in free agency this summer, and Prokhorov gave the impression he will spend that and more to make them a winner.
“For me, life and business in particular is a big game,” he said.
As shown in the profile, he’s a playboy and avid sportsman.
He professes his admiration for women and is seen dancing at a club. Prokhorov also is seen riding personal watercraft — even doing flips on them — skiing, kick-boxing, lifting weights and playing basketball. He works out about two hours a day.
“I’m addicted to sport,” Prokhorov said. “Without sport I feel bad. In this case it’s some kind of drug.”
He was asked if working out relieves stress. He replied, “I like to be stressed. It’s my competitive advantage.”
Prokhorov agreed to purchase the Nets in September. Under the terms of the deal, he will get 80 percent of the team and 45 percent interest in the Barclays Center in Brooklyn.
The deal is pending approval by the NBA Board of Governors, which is expected by the middle of April. The property in Brooklyn also must be vacant for the sale to go through.
Provided it does, Prokhorov does seem like he will waste no time improving the Nets.
“I am real excited to take the worst team of the league and turn it to be the best,” he said.

