Nearly a decade ago, Joe and Clara Wu Tsai had just decided to get involved in pro sports as an investment. Sports had been part of their personal development, Joe played collegiate lacrosse at Yale and Clara was raised on the-hoop-happy campus of the University of Kansas during the Danny Manning era. They had an ultimate goal, owning an NBA team, but started slowly.
As Megan Greenwell of Bloomberg News wrote this weekend, professional lacrosse was the easy entry point for the Tsais and it quickly led to other opportunities. They initially looked at two NBA franchises, the Brooklyn Nets .