Several Chinese businesses are suspending ties with the Houston Rockets after the American basketball team's general manager expressed … China already asks for too much if it gets upset over a tweet. He works for guys Fertitta and Tsai, the latter of whom is worth $9.5 billion, and yet he just barely cracks the list of the world’s 150 richest people. We love playing there.
... And the Chinese Basketball Association, headed by … All of that brought us to Tuesday morning, when NBA commissioner Adam Silver—through a press release and conference in Tokyo—offered much more coherent thoughts on the incident. "There is no doubt, the economic impact is already clear," Silver told Kyodo News in an interview Monday. "There have already been fairly dramatic consequences from that tweet, and I have read some of the media suggesting that we are not supporting Daryl Morey, but in fact we have. The NBA already made a moral sacrifice doing business in a country that oppresses its population. "You see NBA players constantly over the summer during their offseason running to China to do the bidding of their shoe companies and to sell their shoes in the China market," he said. ""So, the NBA is really being exposed as not nearly as much of an American business than it is a global business with China perhaps having more influence over it than even America. Email him: aaroncmansfield@gmail.com.When it comes to international expansion, the NBA has been far ahead of its domestic rivals for years.
But continuing the league’s partnership with China in the wake of the Morey incident would be a particularly slippery slope. "And I think this will pass. ""The shoe companies like Nike and Addidas -- they run American basketball from the high school level all the way to the pros.
Fans, too, would probably be a little upset when those salary cap projections came in a little lower because of a decrease in revenue. The NBA already made a moral sacrifice doing business in a country that oppresses its population. It would take yeoman’s work for Silver to somehow capitulate privately while backing Morey publicly. announced it would not air the NBA’s upcoming preseason games in Shanghai and Shenzhen, Silver said the league supports Morey’s right to freedom of expression, and while he hopes to meet with business partners soon in Shanghai to ease concerns, for now at least, Silver says the league will live with the economic consequences of the tweet. Golden State guard Klay Thompson has a 10-year deal with another Chinese shoe company, Anta.
Nets owner Joe Tsai’s lengthy attempted explanation of why Chinese people are particularly sensitive to the situation in Hong Kong conveniently ignored Tsai’s own business interests, the use of propaganda to confuse and misinform the Chinese public, as well mischaracterized the protests in Hong Kong, which stem from overreaching extradition laws. The only way for the NBA to wash its hands of these issues is to completely move out of China altogether. "We love China. "What I can tell you for sure is it's not going to erase the decades of work that, you know, myself and everyone else in the NBA has put in in building a tremendous base for basketball in China," Golden State Warriors COO Rick Welts said Monday in an appearance on CNBC. Games are streamed live and Chinese media cover all the league's biggest events such as All-Star weekend and the NBA Finals. ©2020 FOX News Network, LLC. The NBA released a weak statement in an attempt to plant themselves on the fence, apologizing to China but stopping short of fully condemning Morey.
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