$530 million Loss:
The Nets posted the NBA’s second-biggest operating loss in their final season playing in Newark’s Prudential Center, but it is a new era for the Nets after their move to Brooklyn and the opening of the Barclays Center. Jay-Z, a small investor in the Nets, opened the arena to rave reviews with a series of eight concerts in the fall. The team is adding the NHL's Islanders as a tenant starting in 2015, which will help offset the arena's operating expenses. Russian billionaire Mikhail Prokhorov owns 80 percent of the Nets and a 45 percent stake in the arena, while real estate developer Bruce Ratner owns a controlling interest in the Barclays Center and will operate the arena. Ratner also owns 20 percent of the basketball team. (Getty Images) More From Forbes
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