54° Good Afternoon
54° Good Afternoon

Adam Silver on Nets sale: 'Nothing imminent' but Mikhail Prokhorov listening to offers

NBA commissioner Adam Silver answers questions at a

NBA commissioner Adam Silver answers questions at a news conference after a deal was announced between the league and TV networks in New York on Oct. 6, 2014. Photo Credit: AP / Mark Lennihan

NBA commissioner Adam Silver told reporters in London for Thursday's Knicks-Bucks game that he has gotten the same message from Nets owner Mikhail Prokhorov as has the news media regarding the potential sale of the team.

"In terms of Prokhorov, he's told us same as what his spokesperson has said publicly, that there's nothing imminent," Silver said. "He hasn't determined that he's absolutely going to sell, but he's listening to offers, and that's an ongoing process right now."

Bloomberg reported Tuesday that Prokhorov is shopping his 80-percent stake in the team, a sale that likely would result in a huge payday in the wake of the sale of the Clippers to former Microsoft CEO Steve Ballmer last year for $2 billion.


We're revamping our Comments section. Learn more and share your input.

New York Sports