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Joseph Tsai Rumors

Julia Koch will invest into BSE herself but intends to include her three children into the endeavor. She is the 23rd wealthiest person in the world, according to Forbes, with personal holdings valued at $64.3 billion. She inherited a 42 percent stake in Koch Industries when David died in 2019, according to Forbes. She sits on the board of directors for Koch Industries but her public profile has been muted.
Celtics minority owner Stephen Pagliuca was nearly the controlling owner of the Nets, a seismic move that could’ve impacted both Brooklyn and Boston. Pagliuca — born in New York and raised in New Jersey — almost teamed up with Joe Tsai to buy the Nets from Russian oligarch Mikhail Prokhorov in 2017. “I was honored to be contacted by the Nets in 2017 to look at the club,” Pagliuca told The Post on Tuesday, “but decided after a review that my heart was with the Celtics and subsequently invested more capital in the Celtics franchise and also in the Italian Serie A soccer team Atalanta.”

Nets owner Joseph Tsai says franchise 'is at a crossroads'

The Brooklyn Nets are coming off a 2023-24 season in which they finished with a disappointing 32-50 record after an encouraging 13-10 start to the season. One of the themes that became evident as the season went on is that Brooklyn has to find a way to rebuild and one key member of the franchise has finally spoken. “In New York, the Brooklyn Nets is at a crossroads in a way,” Nets owner Joe Tsai said of the team at J.P. Morgan’s Global China Summit in Shanghai on Friday. After the dramatic breakup of the big three of Kevin Durant, James Harden, and Kyrie Irving, plenty of Nets fans have been calling for Tsai to issue a statement about the team that he governs.