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  1. Alibaba Group Holding Ltd. Executive Vice Chairman Joe Tsai exercised his option to buy the rest of the team that he didn’t already control -- along with the Barclays Center arena -- ending ...

  2. AP sources: Alibaba exec to buy Nets, arena for $3.4 billion

    Associated Press via Yahoo FinanceAug 16 18:06 PM

    In a record sale for a U.S. sports franchise, the co-founder of Alibaba agreed to buy the remaining 51 percent of the Brooklyn Nets and Barclays Center for about $3.4 billion, two people ...

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