Levy steps down as Nets and Barclays Center CEO

David Levy has stepped down as chief executive of the Brooklyn Nets and Barclays Center after less than two months in the role.

The sports-media industry veteran was unveiled as the new CEO in September after Joseph Tsai, co-founder of Chinese internet company Alibaba, completed the acquisition of the NBA basketball team and its home arena.

When he was appointed, Levy also became president of J Tsai Sports, a holding company that controls Major League Soccer’s Los Angeles FC, the New York Liberty Women’s NBA franchise, the Premier Lacrosse League and the San Diego Seals National Lacrosse League team.

Oliver Weisberg, the head of J Tsai Sports, who has stepped into Levy’s role on an interim basis, said: “It’s important that ownership and management are completely aligned on our go-forward plan.”

According to Bloomberg, Levy said that it had been a mutual decision to part company.

Levy was responsible for overseeing all business, revenue, strategy and operations for the team and arena.

He spent 32 years at Turner Broadcasting, most recently spending six years as president of the company, overseeing brands and businesses including TNT, TBS, Turner Sports, Bleacher Report, Cartoon Network, Adult Swim and truTV.

Levy helped broker media-rights deals between Turner and the likes of the NBA, Major League Baseball, PGA of America and UEFA.

Image: David Jones