Russian billionaire Mikhail Prokhorov is
, sources told The Post.
There are multiple suitors late in the process to buy a 49-percent stake in the struggling NBA team, along with the right to buy a larger stake and become the controlling owner in three years, sources told The Post.
The sale does not include Brooklyn’s Barclays Center.
Prokhorov is seeking a better than $2 billion valuation for the team, sources said.
Reuters reported Thursday that Alibaba executive Joseph Tsai, who is worth nearly $12 billion, was in advanced talks to buy a stake in the Nets.
Tsai denied the story.
The Post was the first to report on Aug. 6 that Tsai was interested in the Nets, but could not learn whether he was still in talks.
The Nets are a few months into what became a new sales process after Prokhorov gave up on just selling a minority stake without a clear path to control, a source said.
A Nets spokeswoman declined to comment.
