A Russian billionaire is being challenged by an American politician over previous company investments. Is this cause to also go after a Chinese investment group that is finalizing a deal to purchase the Cleveland Cavaliers? A New Jersey congressman is demanding an official inquiry into Mikhail Prokhorov, the Russian billionaire who is about purchase the [...]
Entries Tagged as 'Basketball'
Foreign Investigations into the NBA
April 12th, 2010 · No Comments · Basketball, Business, Government, Sports, Sports Media
Tags:Albert Hung·Cleveland Cavaliers·David Stern·Kenny Huang·Mikhail Prokhorov·NBA·New Jersey Nets·Robert Mugabe
Marbury to Shanxi Basketball Team
January 19th, 2010 · No Comments · Basketball, Sports
According to reports from ESPN, two-time NBA All-Star and former Boston Celtics point guard Stephon Marbury will join the Shanxi Zhongyu basketball team as early as next week, becoming the highest profile American to play in the China Basketball Association. “The aim of signing Marbury is to pay back our fans and try to win [...]
Tags:All-Star·Bonzi Wells·Boston Celtics·CBA·ESPN·NBA·Shanxi·Shanxi Zhongyu·Stephon Marbury
Communist Quietly Comes to Cleveland
December 24th, 2009 · 1 Comment · Basketball, Business, Government, Sports, Sports Media
A look at the recent discussions concerning Hong Kong businessman Albert Hung, who is now purchasing a stake in the NBA’s Cleveland Cavaliers. I dug through the news reports from Ohio to China, trudging through the same list of accolades and accomplishments of Albert Hung, one of the wealthiest businessmen in Hong Kong, who is [...]
Tags:Albert Hung·CBA·Cleveland Cavaliers·CPPCC·Hong Kong·Hong Kong Selection Committee·Kenny Huang·NBA·Ohio·Plain Dealer·St. Louis Rams·Tsingtao
If You Build it, They Won’t Come
December 8th, 2009 · No Comments · Basketball, Business, Football, Government, Racing, Sports, Sports Media, Track and Field
An op-ed on how despite the rise in sporting venues throughout China, the country’s sports stadiums remain empty once the lights fade and the games conclude. There is no question that large, global sporting events can help change the image of a city. Governments use the spectacles as a means to redevelop or invest further [...]
Tags:2008 Olympic Games·2010 Guangzhou Asian Games·Beijing·Beijing Organizing Committee·China Basketball Association·East Asian Games·Harbin·Jiangsu·MLB·National Games·NBA·NFL·Premier League·Robot Games
Yunnan Bulls Get Season-long Suspension as CBA Down to 17 Teams
November 27th, 2009 · No Comments · Basketball
The number of CBA teams playing in the 2009-2010 season is down to 17 as Chinese Basketball Association announced on November 27 that Yunnan Honghe Bulls club will be sidelined for an entire season for punishment over unpaid wages and debts. “Yunnan’s poor business operation last season resulted in unpaid wages for players and coaches [...]
Tags:CBA·Chinese Basketball Management Center·National Basketball League·Yunnan Bulls·Yunnan Honghe
Yao Not Owner of Shanghai Sharks
November 5th, 2009 · 2 Comments · Basketball, Business, Sports
According to the Shanghai Daily, NBA basketball star Yao Ming is not the owner of the Shanghai Sharks, the Chinese star’s former team, and he has not been guaranteed ownership of the team. The newspaper reported that while Yao’s management group, Team Yao, has been signed on as an “entrusted investor” for the next five [...]
NBA Preseason Game Continues in Beijing
July 23rd, 2009 · No Comments · Basketball, Business, Government
According to the National Basketball Association, a preseason game between Denver Nuggets and the Indiana Pacers will be staged at Beijing Wukesong Arena on Oct.11, a third preseason game in China’s capital after 2004 and 2008. “The Wukesong Arena is an outstanding facility that we are proud to call the home of the NBA in [...]
What Can Yao Get from the Sharks?
July 16th, 2009 · 3 Comments · Basketball, Business
As you might have been bombarded by the news, Chinese NBA star Yao Ming is buying his former CBA team, the Shanghai Sharks. The team finished the second last in the 08-09 season, the worst ever result in club’s history. “As a Shanghainese, I’m emotionally attached to the team,” Yao was quoted as saying by [...]
Tags:CBA·Shanghai Sharks·Shanghai Sports Bureau·SMG·Xiyang Group·Yao Ming
