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Brooklyn Nets to hire former Turner president David Levy as CEO – report

The Brooklyn Nets’ reboot will continue with the appointment of former Turner president David Levy as the organization’s new chief executive officer, according to ESPN.

An announcement is expected once Joe Tsai’s new majority ownership is formally approved at the NBA’s Board of Governors meeting in New York later this week.

Levy has a close relationship with the NBA and its commissioner Adam Silver from his long-standing role at Turner, which he left earlier this year following AT&T’s $85bn takeover of Time Warner. His departure was part of a wider shakeup in leadership at the newly-formed WarnerMedia. Turner has been a NBA rightsholder for 35 years, with Levy playing a key role in that relationship with the league for much of that period.

Levy will replace Brett Yormark, who announced he was leaving his role as the Nets and Brooklyn Sports and Entertainment Group chief executive in August. Levy is the reported chosen appointment of Tsai, who recently purchased majority ownership of the team from Mikhail Prokhorov for $2.3bn. Tsai has also taken control of the the Nets’ home arena, the Barclays Center.

Levy joins a franchise that has enjoyed revived fortunes, marked in part by reaching the playoffs last season for the first time in four years, and the summer acquisitions of free agent stars Kevin Durant and Kyrie Irving.