Former Turner Sports executive David Levy is a “serious candidate” for the Brooklyn Nets CEO job, according to Adrian Wojnarowski of ESPN.

The current CEO, Brett Yormark, is stepping down from his post following Mikhail Prokhorov's announcement that he's selling the team to Joe Tsai. Prokhorov owned controlling interests in the Nets and their arena, the Barclays Center.

Yormark had worked with the Nets before Prokhorov purchased the majority shares in 2010. He was also part of the front office that moved the then-New Jersey Nets to Brooklyn.

In the last decade, though, Yormark has overseen plenty of changes in the organization. Put simply, the team that arrived in Brooklyn 2012 looks nothing like it does today.

Following the disastrous Kevin Garnett and Paul Pierce trade with the Boston Celtics, the Nets steered heavy in rebuilding mode. Brooklyn lost multiple first-round picks to the Celtics despite earning two postseason berths in 2013 and 2014, and they later decided to tear down foundations of the franchise in place of a tough rebuild ahead.

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Fortunately for Yomark and the Nets, since hiring general manager Sean Marks and head coach Kenny Atkinson in 2016, the team changed its play style and developed a culture with emphasis on player development. They made the playoffs in 2018-19 and then managed to sign All-Stars Kevin Durant, Kyrie Irving and DeAndre Jordan this offseason.

Now, Yormark — who is twin brothers with Roc Nation president Michael Yormark — will leave the franchise after seeing a full transformation cycle.