CCP was going to get their pound of flesh after Huawei. Morey or not, they would have found some provocation to do exactly what they are doing now, which is punishing US companies as an example of what happens if they cross the CCP.
I was listening on Sirius and Darren Rovell said that depending on how long this goes on, Fertitta paid $2.2 billion for the team, but this tweet may have reduced the value of the Rockets by $200-$500 million.
NBA attached themselves at the hip to a nation with beliefs drastically different than their own, and was fine with it because the money was rolling in China brings in so much revenue, and it’s got them thinking they’re part-owner of the NBA or some sh*t Adam Silver is praying he can patch things up when he arrives in China because he’s ultimately not trying to lose that bag...at least he expressed that people are free to say what they want and didn’t sacrifice Morey in order to appease China if the relationship is severed, it will be interesting to see just how much of an effect that would have and how the NBA recovers...I don’t think that will happen, but if u had asked me last week if a quickly deleted tweet could bring about all of this, I would’ve said no if the Rockets are drastically affected more than any other team, it’s their fault for pandering to China so much and neglecting Houston...Rockets getting Chinese themed jerseys every year, but only now getting a retro, championship themed jersey after years of begging for it from fans
Has Donald Trump tweeted anything that cost 4 billion yet? He's the only person I can think of who might could cause that much damage with a single tweet. Amazing.
Almost limit the buyer s of Nba team. Tilman just saw his net worth drop by $500 million thanks to Tilman since Rockets is China #1 team
This will also trickle down to the players by lowering BRI. Wonder if they'll be pissed when they ultimately figure that out.
When is the next player Union and owner agreement coming up? I bet this will lead to a NBA lockout because the owner s are going to trickle down that $4 billion lost to the players
If a single tweet causes this then it was not to be and good riddance. America is the land of the free and China is not so it was incompatible to try and forge a long term partnership.
I remember I read a huge MJ article (on he was a promising new star) on People's Daily back in China in early 90s. I was surprised that NBA made it to Chinese government paper and took up a whole page! David Stern was just an amazing businessman. Now the gap between US and China is even bigger than our planet. NBA is out. How stupid the whole thing is! Hope Silver and Yao can work something out soon.
According to union agreement, players get 50 percent of Nba revenue. That's $2 billion players will lose. Now we know why Harden loves China! I thought he was a fan of KTV and Kung Pao chicken