TMC
05-20-2022, 03:32 AM
https://www.espn.com/nba/story/_/id/33938932/nba-owners-mum-china-relationship-more-10-billion-invested-there
"On the eve of the current NBA playoffs, the league's games returned to state-run TV in China after a nearly three-year ban," reports ESPN's Mark Fainaru-Wada and Steve Fainaru. "It was a quiet return, with nary a word from New York or Beijing trumpeting the apparent end of a bitter conflict. NBA owners had remained largely silent throughout the ban, even as the league worked behind the scenes to repair a ruptured relationship that had cost hundreds of millions of dollars and laid bare the complexities of doing business with an authoritarian regime. The owners had reason to stay quiet: In addition to the money their teams derive from the NBA's $5 billion business in China, many have significant personal stakes there through their other businesses."
"On the eve of the current NBA playoffs, the league's games returned to state-run TV in China after a nearly three-year ban," reports ESPN's Mark Fainaru-Wada and Steve Fainaru. "It was a quiet return, with nary a word from New York or Beijing trumpeting the apparent end of a bitter conflict. NBA owners had remained largely silent throughout the ban, even as the league worked behind the scenes to repair a ruptured relationship that had cost hundreds of millions of dollars and laid bare the complexities of doing business with an authoritarian regime. The owners had reason to stay quiet: In addition to the money their teams derive from the NBA's $5 billion business in China, many have significant personal stakes there through their other businesses."