Joe Tsai focuses on winning with Brooklyn Nets

Joe Tsai, the owner of the Brooklyn Nets, says his main focus is on winning championships with the team. He made it clear that he is not interested in buying an NFL team at this time. Tsai explained that he wants to build the Nets into a successful franchise before considering any other investments. Tsai has a busy schedule. He is involved with Alibaba, the company he co-founded, and he also has a minor stake in the Miami Dolphins. Despite these commitments, he emphasized that his passion is with the Nets. "I’ve got to take care of the Brooklyn Nets first," he said, highlighting the need to win in the NBA. While Tsai has made financial investments in teams like the Dolphins, he views his ownership of the Nets as a labor of love. He wants to see the team win and notes that for sports owners, the ultimate goal is championships, not just profits. The Nets are currently going through a rebuilding phase after trading key players. They have struggled this season, holding a record of 23-47. However, Tsai believes this is a necessary step for the team's future, and fans have continued to support the effort. In recent news, the NBA team Boston Celtics was sold for a record $6.1 billion. Tsai paid about $3.3 billion for the Nets and Barclays Center. While some critics thought Tsai overpaid initially, he believes the value of his investment has increased over time.