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Nets' Ratner to own Brooklyn arena

Associated Press

Friday, September 25, 2009

EAST RUTHERFORD, N.J. -- It was a big night, even for Russia's richest man. Mikhail Prokhorov's guest for dinner in Moscow on that July evening was Bruce Ratner, an American real estate developer -- and owner of an NBA team. Ratner, the principal owner of the New Jersey Nets, needed money to build his $4.9 billion vision dubbed Atlantic Yards, which would include a new $800 million Brooklyn home for the team. Prokhorov, a lover of the game who owns a share of a successful Russian pro team, als ...

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