Julia Koch to acquire a minority stake in BSE Global, the parent company of the Brooklyn Nets, New York Liberty and Barclays Center, from Joe and Clara Wu Tsai, for $688m. The investment comes after extensive and collaborative discussions between the two families. Joe Tsai will continue his position as the Chairman of BSE Global and Governor of the Brooklyn Nets and Clara Wu Tsai will remain Vice-Chair of BSE Global and Governor of New York Liberty. The business and basketball operations of BSE Global will continue to be managed by professional management led by group CEO Sam Zussman, Nets GM Sean Marks, and New York Liberty CEO Keia Clarke and GM Jonathan Kolb.