New Jersey Nets Company Description
You might say this sports operator has a very appropriate name. New Jersey Basketball owns and operates the New Jersey Nets professional basketball team, a storied franchise of the National Basketball Association. Organized by Arthur Brown in 1967 as the New Jersey Americans of the American Basketball Association, the team won two ABA titles as the New York Nets with the help of Julius "Dr. J" Erving. It returned to the Garden State and joined the NBA in 1976. The team has yet to claim an NBA title. The Nets play host at The IZOD Center at the Meadowlands in New Jersey. New York real estate developer Bruce Ratner, has owned the Nets since 2004; he has agreed to sell the team to Mikhail Prokhorov.
View the Comprehensive Company Description for New Jersey Nets
The Company Description provides a historical perspective of New Jersey Nets's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of New Jersey Nets's evolution in the marketplace.
