Sources: Nets tab ex-Turner exec Levy as CEO

The Brooklyn Nets are hiring former Turner executive David Levy as chief executive officer, league sources told ESPN.

Levy worked closely with the NBA in his capacity overseeing Turner Sports' television coverage and has a strong relationship with commissioner Adam Silver.

Levy's appointment will become official shortly after the league's board of governors formally approves Tsai's ownership later this week in New York, league sources said.

Levy inherits a strong management and leadership infrastructure, including GM Sean Marks and coach Kenny Atkinson.

Levy is the chosen CEO of new owner Joe Tsai, who recently purchased majority ownership from Mikhail Prokhorov for $2.3 billion. Tsai had owned 49 percent of the Nets. Levy will replace Brett Yormark as CEO.

Levy joins the Nets at a historic franchise crossroads, which includes the summer free-agency signings of All-NBA players Kevin Durant and Kyrie Irving.