NBA: New Jersey Nets have a new billionaire owner

The NBA New Jersey Nets have a new billionaire owner and want to turn the picture was last season as a total doormat, but was rejected by the two biggest free agents, it went after Carlos Boozer and LeBron James. Now it turned his eyes to Jordan Farmar, which was the absolute reserve for NBA champion Los Angeles Lakers.

Yahoo! Sports Adrian Wojnarowski reports that the playmaker was a period of three years, $ 12 million contract for supply of nets that will accept and join other new faces in the team: forward Travis Outlaw, a center Johan Petro  and the third overall draft pick Derrick Favors. Wojnarowski reports that the team also has an offer sheet to restricted free agent, Golden State Warriors guard Anthony Morrow and wait to see if the warriors of the match.

"He comes to the Nets with a championship pedigree," Nets president Rod Thorn told the Newark Star-Ledger, "which will prove to be invaluable to his teammates."

Source: Yahoo Sports