From the excellent NetsDaily:
Nets insiders say the team is discussing a plan to assume control of the Springfield Armor, their D-League affiliate. It'd be used not only to develop players for the big league team, but to help fill Mikhail Prokhorov's promise to develop Russian basketball talent. Al Iannazzone writes it could be announced next week when Prokhorov assumes control of the Nets.
While details are sketchy, the Nets could take control of the Armor in one of two ways: an outright purchase of the two-year old franchise, or simply taking over basketball operations in a so-called "hybrid affiliation". The first option is the more expensive.
I'll try to see if I can get the specifics.