Prokhorov’s first official act as the Nets’ majority owner will likely come May 18, when the NBA holds its annual draft lottery, giving the team that threatened the league record for fewest wins a chance to restock with a top college player such as guard John Wall of the University of Kentucky.
Prokhorov also has pledged to be active in the free-agent market, where All-Stars LeBron James, Dwyane Wade, Chris Bosh and Amare Stoudemire will be available starting in July. New Jersey is about $26 million below the league’s projected $56.1 million salary cap next season.
“There is only one way to go: up,” Prokhorov told Bloomberg Markets magazine in its May issue. “I like to find cheap assets with problems. It gives me power.”
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