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Newswire

Barclays Center, Brooklyn Nets Sold to Alibaba’s Tsai

There’s a new owner in Brooklyn: Alibaba co-founder Joseph Tsai has agreed to acquire the Barclays Center in total and the 51% of the Brooklyn Nets he did not already own from Mikhail Prokhorov. The transaction is expected to close by the end of September. “We are committed to maintaining...

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