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Source: Koch family’s 15 percent stake in the Nets values ​​struggling NBA team at $3.8 billion

Source: Koch family’s 15 percent stake in the Nets values ​​struggling NBA team at .8 billion

The Koch family’s deal for a 15 percent stake in BSE Global, the parent company of the Brooklyn Nets, values ​​the struggling NBA franchise at $3.8 billion — and the value of 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 around $65 billion, according to Forbes – and her three children agreed earlier this week to pay just under $700 million for their stake in BSE Global, according to a source with direct knowledge of the deal.

The company, chaired by Nets owner Joe Tsai, also owns the WNBA’s New York Liberty and the Barclays Center, the world’s highest-grossing arena according to Billboard.

The Kochs have valued the Nets, including center Nic Claxton, at $3.8 billion, which is far from a record selling price. Getty Images

The source familiar with the financial details of the deal said Koch’s 15 percent stake in BSE Global puts the value of the Barclays Center at $1.5 billion and the Liberty at around $200 million – a significant increase from the team’s value of $130 million at the start of the year, according to Sportico.

The Liberty reached the WNBA Finals last season, and the league’s popularity has exploded this year with the addition of rookie phenom Caitlan Clark.

Tsai and the Kochs declined to comment.

Julia Koch’s 25-year-old son David Jr. loves basketball. FilmMagic
The majority of the proceeds from the sale will be used to repay the loan that BSE owner Joe Tsai granted to the company. Getty Images for the Asian American Foundation

The Kochs reportedly bought their stake in BSE this week for about $6 billion, but did not provide a breakdown of the business units.

The Nets’ value has now risen by more than a third since Tsai paid $2.35 billion for the team in 2019. At the time, he also paid $1 billion for the Barclays Center. With a valuation of $3.8 billion, the Nets are in the middle of the NBA, where franchise values ​​have risen sharply in recent years.

According to Forbes, the Golden State Warriors are valued at $7.7 billion in 2024, followed by the New York Knicks ($6.6 billion) and the Los Angeles Lakers ($6.4 billion).