Nets Owner Mikhail Prokhorov's Net Worth Down By $5 Billion, According To Report

"The poor performance of the Russian stock market have cost Nets owner Mikhail Prokhorov dearly, as an article in Forbes Magazine says Prokhorov's net worth has taken a stunning $5 billion loss in the last year. The magazine says Prokhorov's net worth is now between $12 billion and $13 billion, compared to last year, when Forbes estimated his net worth to be $18 billion.

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Posted in: Nets

The Nets unveil the final ‘New Jersey Nets’ logo

The Nets will unveil a special logo as early as Wednesday to coincide with the announcement of the 2011-2012 season schedule. The logo is actually pretty snappy. In the center is a tri-color basketball with the Nets name written in 1970's era script, an homage to the team's A.B.A. past. The number 35 in the middle. Below are the years 1977 and 2012, bookends to the team's often-withered years in the Garden State. A tiny outline of the state is at the bottom in white.

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Posted in: NBA LOGO,Nets

New Jersey Nets logo Wallpaper

New Jersey Nets logo on this Nba Wallpaper. Founded in 1967 and joined Nba in 1976. Won 2 Championships in the ABA ( 1974, 1976 )

Posted in: NBA LOGO,Nets

Andre Iguodala Trade Rumors: Philadelphia 76ers Must Trade or It Could Get Ugly

Mike Ehrmann/Getty Images

By Ethan Norof (Featured Columnist): Andre Iguodala has been rumored to be on the trade block, and he may soon find his way out of Philadelphia.

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Posted in: Andre Iguodala,NBA News,Nets

NBA: Why the Brooklyn-Bound New Jersey Nets Are Moving in the Right Direction

Jonathan Daniel/Getty Images

By Cecil Riley (Contributor) : This year did not start out great for the New Jersey Nets.

With the backing of a new ambitious owner, a superstar face of the franchise, an accomplished young coach and the promise of moving to an untapped market, the borough-bound franchise looked in line for a major influx of talent.

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Posted in: NBA News,Nets

Nets - Raptors triple OT thriller in London

Nets - Raptors triple OT thriller in LondonCheck out the highlights of the New Jersey Nets thrilling 137-136 victory over the Toronto Raptors in triple overtime from London where newly acquired Net Deron Williams dished out 18 assists.

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Posted in: Nets,OT thriller

Anthony Morrow's English Kicks

Check out these English shoes Anthony Morrow is wearing as he talks about the experience of being in London.

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Posted in: Anthony Morrow's,Nets