The National Basketball Association draft will be held on June 23 at the New Jersey Nets’ home court, Commissioner David Stern said.
The New Jersey Nets and owner Mikhail Prohkorov have begun the application process for changing the team’s name.
Stolichnaya signed a five-year accord to become the official vodka of the Barclays Center, which will be the home of the Russian-owned New Jersey Nets from 2012.
The New Jersey Nets won’t furlough employees if the National Basketball Association locks out its players during the offseason, according to a person familiar with the team’s plans.
The New Jersey Nets hired Billy King to succeed Rod Thorn as general manager. King was president of the Philadelphia 76ers from 2003 to 2007.