Joe Taub, Basketball Fan Who Became Part Owner of the Nets, Dies at 88
RisingWorld
2017-11-06
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Joe Taub, Basketball Fan Who Became Part Owner of the Nets, Dies at 88
Joe Taub, who helped build the giant payroll processing company known as ADP with his brother, Henry,
and Frank R. Lautenberg, a future United States senator from New Jersey, and then turned his love of basketball into an influential role as a part owner of the New Jersey Nets for about 30 years, died on Oct. 27 in Manhattan.
According to Mr. Tesser, Joe Taub oversaw the payrolls, Henry Taub was the strategist and Mr. Lautenberg oversaw sales.
Mr. Tesser, his son-in-law, said that Mr. Taub was bothered by the team’s relocation to Brooklyn in 2012 under its new owner, Mikhail D. Prokhorov.
“And he was intensely focused on the well-being of his players.”
The gregarious Mr. Taub was at various times the Nets’ president
and principal owner (although he never owned a majority stake) and later a minority owner.
“He doesn’t make offers,” Mr. Aufzien said of Mr. Taub.
Joe Taub, who helped build the giant payroll processing company known as ADP with his brother, Henry,
and Frank R. Lautenberg, a future United States senator from New Jersey, and then turned his love of basketball into an influential role as a part owner of the New Jersey Nets for about 30 years, died on Oct. 27 in Manhattan.
According to Mr. Tesser, Joe Taub oversaw the payrolls, Henry Taub was the strategist and Mr. Lautenberg oversaw sales.
Mr. Tesser, his son-in-law, said that Mr. Taub was bothered by the team’s relocation to Brooklyn in 2012 under its new owner, Mikhail D. Prokhorov.
“And he was intensely focused on the well-being of his players.”
The gregarious Mr. Taub was at various times the Nets’ president
and principal owner (although he never owned a majority stake) and later a minority owner.
“He doesn’t make offers,” Mr. Aufzien said of Mr. Taub.
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