Prokhorov won’t keep GM Vandeweghe

New Jersey Nets owner Mikhail Prokhorov says general manager Kiki

Vandeweghe will be let go when his contract expires this summer.

“I wish him well,” says Prokhorov.

NBA owners approved the sale of the Nets to the Russian

billionaire last week.

Prokhorov says Wednesday he does plan to retain team

president Rod Thorn.

New Jersey finished 12-70, the franchise’s worst record and

only the fifth 70-loss season in league history. Vandeweghe was the

interim coach after the Nets fired Lawrence Frank during their 0-18

start, but was only expected to coach until the season ended.

On Tuesday, the Nets were forced to settle for the third pick

in next month’s draft despite having the best chance to win the

lottery.