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sports.inquirer.net Alibaba co-founder unanimously approved as new owner of Brooklyn Nets

Alibaba Group co-founder and executive vice-chairman Joe Tsai, a Canadian-Taiwanese billionaire, has been unanimously approved by NBA owners as the new owner of the Brooklyn Nets.

Backing of the NBA's board of governors was the final step to complete the deal, worth a reported $3.5 billion, for Tsai to buy the club and its arena, the Barclays Center.

Tsai had invested in the Nets in October 2017…
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