The Nets and Barclays Center are in good shape, despite the shortfalls caused by the COVID pandemic. And in large part, that belief is based on having an owner in Joe Tsai who’s been willing to bankroll everything from big contracts to big losses, and an aggressive management.
That’s the bottom line after reviewing a slew of financial data provided by Forbes and Atlantic Yards/ Pacific Report over the past two days. Here’s the details.
Forbes was out Tuesday with its semi-annual NBA team rankings and the Nets are way up — 21 percent, the most of any team — over the past year, now being valued at $3.