Mikhail Prokorov Enters Russian Politics

It’s been talked about for a while, but Nets owner Mikhail Prokhorov is now officially part of Russian politics, having been elected as President of the pro-capitalism Right Cause Party.

Will this become a diversion for the Nets? I’m not too sure. I doubt that Prokhorov is heavily involved in the everyday activities of the team, so I don’t foresee any issues as long as he doesn’t become extremely immersed in his political activities. However, Prokhorov has spoken about becoming Prime Minister; if he eventually launches a campaign, I’m not too sure about his ownership prospects. Such a campaign would only happen later on in Prokhorov’s political career, but it is something to keep in mind.