SEOUL - The Seoul Brothers hope to be 'too beaucoup' for the IBL.
With a grand unveiling today aboard owner Jerg Nogtev's 480 foot superyacht, Seoul's IBL team announced that, effective immediately, it would be known as the Brothers.
Nogtev is no stranger to quick change. The Russian oligarch built his fortune by gaining control of post-Soviet blubber production in the Yeltsin-era "Loans for Shares" scheme. His company, PlachProm, now controls 78% of Russian whale-oil production and has ownership interests in sports, television studios, health insurance, and a chain of chiropractic clinics.
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