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NETS, DAVID LEVY PART WAYS AFTER TWO MONTHS

In a shocking development, the Nets and their CEO, David Levy, have parted ways, less than two months after the former Turner Media CEO was hired to run not just the Nets, but Barclays Center, J Tsai Sports, Joe Tsai’s holding company.

The Nets announced the move in a press release that named Oliver Weisberg, the Nets alternate governor and head of Tsai’s personal investment vehicle interim CEO.

The Brooklyn Nets and Barclays Center today announced that David Levy and the organization have mutually agreed to part ways. Oliver Weisberg, Chief Executive Officer of J Tsai Sports and NBA Alternate Governor of the Nets, has been named interim Chief Executive Officer of the Nets and Barclays Center.