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Billionaire Joseph Tsai, Owner of San Diego Lacrosse Team, Buys 49% of Brooklyn Nets

Billionaire Joseph Tsai, co-founder of Chinese e-commerce giant Alibaba and the owner of the professional lacrosse team that will begin play here next year, has reached a deal to buy 49 percent of the NBA’s Brooklyn Nets franchise, it was reported Friday. The agreement, first reported by ESPN, would see Tsai take over majority control […]