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  1. Joseph Tsai, the vice chairman and co-founder of Alibaba Group, is expected to become the majority owner (governor) of the Brooklyn Nets by September. Tsai, 55, currently owns 49% of ...

  2. AP sources: Alibaba exec to buy Nets, arena for $3.4 billion

    Associated Press via Yahoo SportsAug 16 18:06 PM

    In a record sale for a U.S. sports franchise, the co-founder of Alibaba agreed to buy the remaining 51 percent of the Brooklyn Nets and Barclays Center for about $3.4 billion, two people ...

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