New York (CNN) -- Pro basketball is a staple of American athletics, taking its place with Major League Baseball and the National Football League as one of the pre-eminent U.S. sports leagues. And it's big business, too, pumping tens of millions of dollars into the U.S. economy. So the owner of the Brooklyn Nets raised eyebrows this week when he said he planned to transfer ownership of the team to a company in Russia -- at a time when tension between the U.S. and Russia is at its highest level since the end of the Cold War. That raised two questions: Will it happen? Does it matter?
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Russian billionaire owner of Nets considers ownership move to Russian jurisdiction
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The move is "not in any way tying it to the current political situation," the owner's rep said
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Obama signed an order that can target Russian companies vital to its economy
"Unless the move raises issues with the league or the U.S. government, @placeholder fans probably shouldn't be worried.