BROOKLYN. N.Y. – Towering electronic advertisements that promote all the basketball talent and pedigree $190 million can buy greet patrons arriving nightly at Barclays Center.
The advertisements include these words: "Hello Brooklyn, Are You Ready?"
So far, it's a contradictory question for a Nets team that spent so lavishly and yet has started this season 3-8 by losing six of its past seven games.
The NBA's current labor agreement was supposed to even the proverbial playing field between the league's disparately sized markets because of a luxury payroll tax so punitive no owner in his right mind and even in the biggest of markets would thumb his nose at it.
Enter Nets billionaire owner Mikhail Prokhorov, who didn't flinch during a summer when he approved the acquisitions of Kevin Garnett, Paul Pierce and Jason Terry from Boston, signed former Timberwolves forward Andrei Kirilenko to a seemingly sweetheart deal that launched an NBA investigation, and then gambled his entire investment on Jason Kidd when he hired the recently retired player to coach six other former All-Stars.
The Nets' payroll surpasses $100 million. Their luxury-tax penalties will approach another $90 million. That is nearly three times what the Wolves — Friday night's opponent at Target Center — will pay for their players.
Prokhorov's expensive experiment suggests that the two-month labor lockout two seasons ago changed nothing.
He uses the catch phrase "Aiming At Amazing" to describe his team and perhaps his spending spree. For now, though, the Nets are an aging, injured mix of players who, indeed, in an unexpected way have done what Prokhorov intended — push the in-town rival Knicks toward what he envisions as a "new golden era" for New York City basketball: Both teams with massive payrolls have started the season 3-8 and are tied for last place in their division.