Prokhorov Plans $50M Facility for Brooklyn Nets – Report

2013/10/31

WASHINGTON, October 31 (RIA Novosti) – Russian billionaire Mikhail Prokhorov is set to build a $50 million training facility atop an industrial building with a view of the Statue of Liberty for his Brooklyn Nets team of the National Basketball Association (NBA), the sports website SB Nation reported Thursday.


The reported project is the latest example of Prokhorov’s willingness to pour money into the club. Last summer he went on a $330 million spending spree to upgrade his team’s roster.


The planned training facility would require the club to raise the roof of the eight-story building overlooking New York Harbor in Brooklyn by 20 feet (6 meters), SB Nation reported.


The facility is expected to be completed no earlier than the summer of 2015, the website reported, adding that the Nets declined to comment.


The planned training site “offers spectacular views of Lower Manhattan and the nearby Statue of Liberty,” SB Nation reported.


Prokhorov bought the then New Jersey Nets in 2010 and relocated the team to Brooklyn, which has a large Russian population.


The team’s current practice facility is in East Rutherford, New Jersey.



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