Rumors

It was only three months ago that members of the Koch family purchased a 15% stake in BSG Global, the parent company of the Brooklyn Nets, New York Liberty and Barclays Center, from Joe and Clara Wu Tsai. The price tag? Around $700 million. Julia Koch, widow of mega rich and controversial American industrialist David Koch Sr., and her three children, David Jr., Mary Julia Koch and John Koch, purchased the BSE shares as private investors, drawing on their $74 billion net worth. rather than Koch Industries. (Julia Koch in fact is the third richest woman in the world according to Forbes.) The Kochs have been described more or less as passive owners but it was also reported that David Jr. has a very specific interest in pro basketball. He eventually wants to own and run his own team in the NBA (not the Nets) per sources. In fact, the family had been looking to buy into the NBA for the last several years before making the deal with the Tsais.

NetsDaily

Boston Celtics selling owner Wyc Grousbeck met David Koch at a party in recent weeks sparking rumors, two sources said. The family wants to own an NBA franchise and not just be minority partners, sources said. They also want a team close to their New York City home. Several NBA sources said they could see the Kochs, who are worth more than $60 billion, making a run. However, two sources close to the family said they are happy with the Brooklyn stake and are not interested.

New York Post

The Koch family’s deal for a 15% stake in Brooklyn Nets parent BSE Global values the struggling NBA franchise at $3.8 billion – and puts the valuation for the parent company at $5.8 billion, The Post has learned. Julia Koch – the widow of David Koch and one of the richest women in the world with an estimated net worth of roughly $65 billion, according to Forbes – and her three kids agreed earlier this week to pay a little less than $700 million for their chunk of BSE Global, according to a source with direct knowledge of the deal.

New York Post

Nets Daily: Basic facts: 1 -It’s Julia Koch, widow of late David Koch who’s interested in 10% stake, not controlling. -“The story has legs” as one source put it. -It’s more her son David Jr than her. He’s got sports bug -Koch Industries is not involved directly but Julia sits on board.

Twitter

Nets Daily: Latest from Sportico is that son of David Koch, one of the Koch Brothers, is the family member interested in purchasing a stake of 10% from the Tsai’s.

Twitter