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Brooklyn Nets, New York Liberty owners Clara Wu Tsai and Joseph Tsai divorcing after nearly 30 years of marriage

Brooklyn Nets and New York Liberty owners Clara Wu Tsai and Joseph Tsai are ending their nearly 30-year marriage. A spokesperson for the prominent couple told Page Six in an…

Brooklyn Nets and New York Liberty owners Clara Wu Tsai and Joseph Tsai are ending their nearly 30-year marriage.

A spokesperson for the prominent couple told Page Six in an exclusive statement, “Clara Wu Tsai and Joe Tsai have decided to end their marriage, a decision they came to mutually and with great respect for one another.

“Over the years, their relationship evolved into more of a partnership, one of running their businesses and raising their children together. While they have grown apart, their divorce is amicable and their relationship remains a strong, professional partnership.”

Clara Wu Tsai and Joseph Tsai posing at the Great American Songbook event.
Clara Wu Tsai and Joseph Tsai (pictured above at a 2014 event) are divorcing after nearly 30 years of marriage. Theo Wargo
Joe Tsai and Clara Wu Tsai speaking at the 2024 New York Liberty Ticker Tape Victory Parade and Rally.
A representative for the Brooklyn Nets and New York Liberty owners (seen here at the 2024 New York Liberty Ticker Tape Victory Parade) announced the split to Page Six. NBAE via Getty Images

The statement also touched on the future of their many business ventures, explaining, “Their decision will not affect the business operations of Brooklyn Sports and Entertainment, the Brooklyn Nets or the New York Liberty.

“Joe will remain Chairman and Clara will remain Vice Chair of Brooklyn Sports and Entertainment. Joe will remain Governor of the Brooklyn Nets and Clara will remain Governor of the New York Liberty. They will continue to own and be stewards of the teams with professional management in place as they always have.

“In the long run, they also plan to involve their children,” the statement added, referring to their three grown children.

Owner Joseph C. Tsai and Clara Wu Tsai of the Brooklyn Nets sitting courtside at a game.
“Over the years, their relationship evolved into more of a partnership, one of running their businesses and raising their children together,” the statement to Page Six read, adding that the divorce is “amicable.” (They are seen at a Brooklyn Nets game in 2022.) NBAE via Getty Images
Andy Shay and Joe Tsai attending a basketball game.
Joe (seen at a game at Barclays Center with Clara in 2019) will remain Chairman and Clara will remain Vice Chair of Brooklyn Sports and Entertainment. Joe will continue to be Governor of the Brooklyn Nets, while Clara will stay Governor of the New York Liberty. NBAE via Getty Images

As for technology company Alibaba, the statement read, “There are no plans to sell any Alibaba shares and Joe’s role as Alibaba Chairman is not affected by this development.”

The statement concluded, “Joe and Clara remain deeply committed to continuing their existing philanthropic and community work. They are both driven by the best interests of their family, businesses, and communities, and are dedicated to continue working together as true partners.”

Joe, 62, and Clara, 60, married in October 1996 in New York City. He currently resides in Hong Kong, while she lives in the United States.

Clara Wu, Joe Tsai, and their children, Dash, Jacob, and Alex Tsai, pose at the 2019 NBA Awards.
The business tycoons are parents to three children (all seen at the 2019 NBA Awards). AFP via Getty Images
Clara Wu Tsai, Joe Tsai, and their children Jacob, Alex, and Dash Tsai posing on a red carpet.
“In the long run, they also plan to involve their children,” the statement read. (The family is seen at the “Unfinished Business” premiere in 2022.) Getty Images for Tribeca Festival

During the course of their almost three-decade marriage, the two have accomplished impressive business and philanthropic feats.

Joe co-founded Alibaba Group in 1999 and is the company’s chairman today.

Clara and Joe acquired full ownership of the Brooklyn Nets and New York Liberty in 2019 for $2.35 billion — a deal that became the most expensive purchase of an American sports franchise at the time. They first obtained a 49 percent stake in 2018.

Clara’s involvement led to the WNBA team NY Liberty relocating to Barclays Center in Brooklyn.

Joe said in a statement at the time of the deal regarding the NBA team and the arena, “With full ownership of the Nets and Barclays Center, we will continue to bring our exciting brand of basketball to our fans. We’ve made a strong commitment to Brooklyn and it will be a privilege to present the best of Barclays Center with its great entertainment to our community.”

Paraag Marathe, Clara Wu Tsai, and Joe Tsai speaking at the TAAF Heritage Month Summit and Celebration.
According to the statement, Clara and Joe (pictured at The Asian American Foundation in May 2026) will “remain deeply committed to continuing their existing philanthropic and community work.” Getty Images for The Asian American Foundation (TAAF)
Joe Tsai and Clara Wu Tsai pose together against a purple backdrop with the TAAF logo.
Joe and Clara (pictured at TAAF Heritage Month Awards Dinner in 2024) married in October 1996. Getty Images for The Asian American Foundation

As for their philanthropic accomplishments, the couple launched the Joe and Clara Tsai Foundation in 2014, an organization focusing on arts, science and social justice.

In 2020, they created the Social Justice Fund — pledging $50 million — to aid economic mobility in Brooklyn.

Clara, who is a Stanford University and Harvard Business School alum, is also a founding partner for REFORM Alliance to help reform criminal justice.

Joe and Clara were last seen speaking at The Asian American Foundation Heritage Month Summit and Celebration in May 2026.

The post Brooklyn Nets, New York Liberty owners Clara Wu Tsai and Joseph Tsai divorcing after nearly 30 years of marriage appeared first on Page Six.