Ten weeks after losing in the Russian presidential election, Mikhail Prokhorov signaled Wednesday that he intended to re-enter the political fray. In a blog post, the Nets' owner wrote, "Now it is clear what to do next. We begin to act!" He provided no further details, but it was signal he wanted to participate in public life again. After getting only eight percent of the vote, Prokhorov said he would form a new political party to challenge President Vladimir Putin's United Russia. Then, he suggested a party might not be needed for democratic progress. Now, with this announcement, it appears he is back.