The NBA offseason is reaching its ending as teams prepare for training camps this September. Despite the next regular season being around the corner, it seems like many questions have been left unanswered especially with the whole Kyrie Irving and Carmelo Anthony trade talks. here are a few more updates on the NBA free agency scene:
Nets franchise could possible change ownership
Josh Koshman of The New York Post has reported that many outside parties are interested in buying the NBA Brooklyn Nets franchise from current owner Russian billionaire Mikhail Prokhorov this offseason.
After a failed minority stake sale there have been now talks of a major stake sale which resulted to numerous potential buyers. One notable interested party is the Executive Vice Chairman of Alibaba Joe Tsai. Reports also said that the Nets wants a Chinese ascent of ownership as Mike Zavodsly, Executive Vice President of global partnership, went to China and held 20 meetings. Investment bank Allen and Co. has received numerous inquiries and interests as Mikhail Prokhorov plans to sell the franchise around two billion dollars.
Detroit Pistons transfers to down town area
NBA team Detroit Pistons have formally announced its transfer from The Palace of Auburn Hills to Little Caesars Arena this offseason.
The franchise began their first four seasons playing at Olympia Stadium, they later moved to Cobo Arena, then they moved to Mammoth Silverdome and finally landed to The Palace of Auburn Hills. And now with the approval of The NBA Board of Governors, they go back down town and will start their season at the Little Caesars Arena this upcoming NBA season.
Pelicans acquire forward Jalen Jones
RealGM staff report has reported that the new orleans Pelicans have signed Jalen Jones to a two-way contract with their NBA G-League affiliate this offseason. Jones started his college ball career at Southern Methodist University where he averaged 14 points and 7 rebounds per game. In his third year at the collegiate level, he then moved to Texas A&M, in his senior year he was named First-team All-SEC and helped the school reach the NCAA tournament as he averaged 15 points and 7 rebounds.
He declared for the NBA draft but was undrafted in 2016, he joined the Toronto Raptors training camp and a year later he now has the chance to showcase his talents as a member of the New Orleans Pelicans G-League affiliate.
