News

BROOKLYN – Joe Tsai, Clara Wu Tsai and their family have agreed to sell a minority stake of BSE Global, the parent company of the Brooklyn Nets, New York Liberty and Barclays Center, to ...
Joe Tsai has agreed to sell a minority stake of BSE Global, the parent company of the Nets, New York Liberty and Barclays Center, to investors Julia Koch and her children.. Bloomberg News reported ...
In an extensive report published Saturday, Oder wrote the acquisition of Brooklyn Magazine is just the start of the effort by Joe and Clara Wu Tsai’s [T]he formerly-indie Brooklyn Magazine ...
BSE Global, which owns the ... of goods and services for the teams and arena. This program is part of the five-point action plan established by Clara Wu Tsai and Joe Tsai, owners of BSE Global, ...
Bottom line for Joe and Clara Wu Tsai is that they have been very successful in their ... etc. More spending is likely as BSE Global plans to make Barclays Center a “destination” with ...
Clara Wu Tsai watched the inequities get ... BSE Global immediately pledged $10 million to the NBA Foundation and an additional $50 million over a 10-year span to provide economic empowerment ...
Tsai, who has owned the Nets outright since 2019, will remain chairman of BSE Global and retain full control of the team. Clara Wu Tsai will also remain as both vice-chair of BSE Global and ...
Joe Tsai and Clara Wu Tsai will maintain control of BSE and will still run both teams, ... “We are pleased to welcome Julia Koch and her family to BSE Global,” Joe Tsai said in a news release.
Per Sportico's Scott Soshnick and Eben Novy-Williams, the Brooklyn Nets' parent company, BSE Global, sold 15% ownership to Julia Koch.
Tsai paid $3.2 billion (or 10.5 times revenue) for the Nets and arena operating rights in 2019. BSE Global currently has $1.43 billion of debt, of which $550 million is a shareholder loan to the ...