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Deron Williams Agrees to 5-Year Deal With Nets

Deron Williams formally committed to a five-year deal with the Nets Tuesday evening, boosting their fortunes on and off the court as the franchise moves to Brooklyn this fall.

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Russia's richest man agrees to deal to buy Nets

Russia's richest man has a deal to buy a controlling interest in the New Jersey Nets and nearly half of a project to build a new arena in Brooklyn.

Mikhail Prokhorov's Onexim Group announced the deal Wednesday with Forest City Ratner Companies and Nets Sports and Entertainment.

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