Mikhail Prokhorov is best known for being the eccentric Russian owner of the New Jersey Nets. Now, however, he seems to feel as if conquering New Jersey/Brooklyn isn’t quite a sufficient enough conquest. Which is likely the reason why Prokhorov said today that he is entering the race to become the next president of Russia.

New Jersey Nets owner Mikhail Prokhorov told the media on Wednesday that his team would no longer be pursuing Carmelo Anthony. While that itself is news, the press conference in which the announcement was made warrants its own post.

Perhaps you’ve heard – Mavericks owner Mark Cuban called Nets owner Mikhail Prokhorov a pussy yesterday. Today, Prokhorov responded. Did blood spill?

The team at The Basketball Jones proposes the “Battle of the Boroughs” in this video, pitting the Nets’ chiseled owner, Mikhail Prokhorov, against schlubby Knicks owner James Dolan.

New Nets owner Mikhail Prokhorov has been the subject of seemingly endless conversation for a while now, but in a lengthy new profile, New York Times Magazine writer Chip Brown proves that Prokhorov is still worthy of further exploration.

At least one person has LeBron’s back. And it’s probably not who you’d expect.

Remember what you read yesterday, about how the New Jersey Nets were prepared to make a big push for LeBron James, and took over the general vicinity of Madison Square Garden? Well, they’re not done by a long shot.

Mikhail Prokhorov and Jay-Z are currently, as in right this very second, in the process of putting up a billboard across from Madison Square Garden that reads “Shots Fired.” Whoops, I mean, “Blueprint For Success.”

If you want to be Mikhail Prokhorov’s executive assistant, you need to be “fluent in speaking and writing both English and Russian,” according to a job posting on NBAteamjobs.com.

It sure has been a busy day for NBA coaching news. Find out why!