Former Nets owner Lewis Katz was killed this week, along with six other people, in a fiery plane crash in Massachusetts, his business partner said Sunday (June 1). He was 72.
Katz bought the Nets in 1998 and owned the team until 2004.
He also owned the NHL’s Devils at one time.
“All of us at the NBA were extremely saddened to learn of the tragic, sudden death of former Nets owner Lewis Katz,” NBA commissioner Adam Silver said in a statement. “Lewis was a trusted friend and valued member of the NBA family. He was a visionary businessman who touched the lives of so many with his tireless pursuit of innovation and enterprise, as well as his deep commitment to his family, friends and community.
“Among his many accomplishments were having led his Nets teams in 2002 and 2003 to the NBA Finals for the first time in franchise history. I send my deepest condolences to the Katz family during this very difficult time.”