Alibaba Co-Founder Joseph Tsai Said to Buy Brooklyn Nets Stake Mr. Tsai has agreed in principle to buy a 49 percent stake in the team, people briefed on the matter said, valuing the franchise at $2.3 billion. Share: Facebook Twitter Google+ Stumble Digg Email ThisBlogThis!Share to XShare to Facebook Related Posts:A Bombing in Northern Myanmar Signals Strife Beyond the RohingyaIreland Tells State-Run Schools: Stop Steering Pupils to Religion ClassBahrain Activist Gets 5-Year Sentence for ‘Insulting’ TweetsTop Aide to Netanyahu Turns State Witness as Graft Cases MultiplyMacau Journal: A Greyhound Racetrack Meets Its DemiseThe Carpetbagger: Mother Russia Crashes the Oscars