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Nets CEO John Abbamondi resigns suddenly

John Abbamondi, who was hired in July 2020 by Joe and Clara Wu Tsai, to run their Brooklyn sports holding company, including the Nets, has resigned, BSE Global announced in a surprise press release Tuesday.

The resignation as Jabari Young, CNBC’s sports business reporter, tweeted, the resignation was a complete surprise to the media as well as many inside the organization.

Wow… #Nets CEO John Abbamondi is resigning effective July 2022.

That’s now two CEOs since 2019 when David Levy resigned.#NBA CEO jobs rarely become available.