[quote_simple]Brooklyn, NY – The Brooklyn Nets have signed General Manager Billy King to a contract extension, it was announced today by Principal Owner Mikhail Prokhorov. Per team policy, terms of the contract were not released.

“Billy has been a great asset to the Nets organization over the last three years”, Mr. Prokhorov said on behalf of the entire Nets organization. “He has shown he is not afraid to be bold and take risks, and, as a result, we have a playoff team with a world of potential. We are glad we will have the opportunity to continue our work together and realize that potential.”

“I am anxious to continue working hard for Mikhail Prokhorov and the Brooklyn Nets”, said King.

King, who was named general manager of the Nets on July 14, 2010, presided over a team that posted a 49-33 record in the franchise’s inaugural season in Brooklyn, matching the second best record in Nets’ history, while making their first postseason appearance in six seasons.[/quote_simple]

via brooklynnets.com

King extension is official. #nets

— Alex Raskin (@alexraskinNYC) April 26, 2013

Nets announce they've officially signed GM Billy King to an extension.

— Andy Vasquez (@andy_vasquez) April 26, 2013

Billy King extension official #Nets

— Mike Mazzeo (@MazzESPN) April 26, 2013