YES not "Nyet" for Nets Deal

The NJ Nets (for now) and their fans should be rejoicing! The deal that gives Russian billionaire Mikhail Prokhorov 80% of the Nets and 45% of the Brooklyn arena project is a great thing and here's why. The way I see it the Nets NOW have a future. I mean seriously, weren't we all just a little concerned with Bruce Ratner's indecision with this team? Weren't we all questioning the move to Brooklyn and asking ourselves, is this really going to happen? Now...all signs point to yes. (I need my 8 ball)

A couple of notes: Prokhorov is aggressive and has always liked his basketball. With contracts expiring, from management and coaches (sorry Lawrence, you know I love you), Mr. 9-Billion can start from scratch. Already, Prokhorov has said one of his main purposes for this transaction is to bring Russian coaches and players into the NBA. Hey, I'll take it if they can play! NBA Commish David Stern must be salivating at the thought that his global push is happening. Nets played in London last preseason. I see a trip to Siberia in our future.

The Ratner folks tell me that 20% ownership remains with the "old" crew. That means Jay-Z retains his 1.47% stake in the Nets and still has the power to woo big name prospects. Lebron James anyone! But now, when Jay woos, Prokhorov can pay! Oh, this lovely capitalist world we live in...

The Atlantic Yards project is an actual reality. 19,000 seat arena...new jobs...economic development (I naively hope this is all TRUE). Brooklyn in the house!