Ratner seeks Nets investors committed to AY

Atlantic Yards developer and New Jersey Nets owner Bruce Ratner is looking for Nets investors who are willing to move the basketball team to Atlantic Yards, the Star-Ledger reported. Possible investors include Terry Semel, former CEO of Yahoo, and Russian billionaire Mikhail Prokhorov. Two current investors with small shares in the team, commodities traders Vinny Viola and Marc Lasry, are also potential candidates to become larger investors. Newark Mayor Cory Booker wants the Nets to move to Newark, where they could play in the Prudential Center, and he said in May that he expected the team to be sold and the Atlantic Yards project to collapse. But Ratner is reportedly only interested in investors who will agree to move the team to Brooklyn.

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