Russian billionaire Mikhail Prokhorov is nearing a deal to buy all of the Barclays Center and the Brooklyn Nets from Bruce Ratner’s Forest City Enterprises.
Prokhorov has been in talks to buy the 55 percent of the arena and 20 percent of the NBA team he does not already own.
Under the deal being discussed, he would kick in little cash beyond forgiving the roughly $31 million Forest City owes him to cover team losses.