Nets, Liberty owners Joseph Tsai and Clara Wu Tsai to divorce, will not affect ownership stakes

Brooklyn Nets and New York Liberty co-owners Joseph Tsai and Clara Wu Tsai announced on July 31, 2026, that they are divorcing. Despite the split, both will retain their ownership stakes in the teams and their parent company, Brooklyn Sports and Entertainment. The couple stated they will remain 'professional' partners and continue in their respective roles.