NBA commissioner David Stern addressed the media on Tuesday night prior to the Draft Lottery and said that new Nets owner Mikhail Prokhorov wants the league to know him as Michael.

"We call him Michael, or Mike," Stern said in his press conference.

"We had a good chat the other day with Michael and his group of advisers," Stern added. "He's anxious to learn."

Prokhorov is excited to learn about the NBA's Collective Bargaining Agreement, the league's revenues and to help the game of basketball expand in Russia.

At the NBA Draft Lottery, Prokhorov told the media, "We're gonna turn Knicks fans into Nets fans."