Russia's richest man has a deal to buy a controlling interest in the New Jersey Nets and nearly half of a project to build a new arena in Brooklyn.

Bet 2010 NBA Finals Odds
Mikhail Prokhorov's Onexim Group announced the deal Wednesday with Forest City Ratner Companies and Nets Sports and Entertainment. They say they have signed a letter of intent to create a strategic partnership for the development of the Atlantic Yards Project.
NBA Commissioner David Stern is praising the move. He says it's a chance for the NBA to expand globally and ensures that the Nets will have a new arena.
The deal would have to be approved by the NBA's board of governors.

Oddsmakers from online sports book SBGGLOBAL.com have made the Nets 100/1 longshots to win the 2010 NBA Finals Championship.

Bet 2010 NBA Finals Odds

Posted: 9/24/09 12:12PM ET

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