Thursday, November 11, 2010
Nets take over D-League team
NEW YORK -- The New Jersey Nets will take control of the operations of the NBA Development League's Springfield entry starting next season, becoming the second NBA club to enter into a single-affiliation partnership.
The Nets will cover the expenses of the Armor's basketball operations and partner with local ownership, who will maintain responsibility for business off the court.
The Houston Rockets and reigning D-League champion Rio Grande Valley Vipers have the only other similar arrangement.
NBA D-League president Dan Reed said Thursday in a statement that the new partnership is "an important step in our continued evolution as a true minor league for the NBA."