Aug 4, 2011, 4:49 PM EST
We told you Sunday, Chinese officials are about to put in rules designed to stop an influx of NBA stars to the Chinese league — no opt-out contracts, and only one foreign born player per team. The Chinese government — and that’s who runs the league and the entire sports system — wants to build up Chinese players, not be a temporary playground for some big names of the NBA.
But China is a country of entrepreneurs now — and they want their NBA players. Teams are ignoring the warning and talks continue unabated.
Citing an anonymous source with direct knowledge of teams’ dealings, Titan is reporting that several organizations have offered per month contracts to Kobe Bryant and Dirk Nowitzki worth over $1 million. The source claims one team has put forth a $1.5 million deal to 2011 NBA Finals MVP….
Today, the Chengdu Daily reported that Zhejiang Guangsha offered Wade $2 million a month while he was in the team’s home city of Hangzhou during the (Jordan Brand China promotional tour). Team general manager, Ye Xiangyu, who voiced her concern about bringing over NBA players on Sunday, denied that a contract offer had been made.
What’s interesting is how teams in China are barging ahead despite the plans to try and stop the influx of players. And how they are looking for ways around the rules.
Another reason why teams are unconcerned with the CBA is because many don’t feel the league can enforce their soon-to-be instated rule. The CBA has one of the highest turnover rates for foreign players in the world. Some players don’t even last two weeks in the country after signing a contract, and it’s not unusual to see teams switch imports three times in a single season. That begs the question, if a team were to release an active NBA player from his contract, how would that be different than releasing any other import?
The answer is unclear, which is why teams are growing more and more convinced that they can negotiate an under-the-table agreement with players that would guarantee a return to America after a set period of time or after the lockout ends.
As for the money, that’s the easy part. First, the owners of these Chinese teams think they can make their money back — do you have any idea how many Dwyane Wade Zhejiang Guangsha jerseys would be sold? The other idea comes from shoe business insider Sonny Vaccaro, who was on the Chris Vernon radio show in Memphis yesterday. Vernon tweeted about it.
Sonny Vaccaro says he thinks Kobe Bryant will go to play in China, and Nike will pay him to do it.
You get Nike and another local sponsor to pitch in, and the salary for a Wade or Kobe or Chris Paul becomes doable.
If you see big stars go overseas, China makes the most sense for them in terms of global marketing and in terms of start times (the Chinese league starts camps in November, allowing players time to see how the lockout shakes out past the would be start of the NBA season).
Dec 19, 2014, 5:59 PM EST
It’s kind of moot now, but it’s not a surprise.
Dec 19, 2014, 5:15 PM EST
Lakers star: ‘If the opportunity came up, then that’s the time to have that discussion’
Dec 19, 2014, 4:29 PM EST
Black-and-white version of Toronto’s new logo looks similar to Brooklyn’s
Dec 19, 2014, 3:44 PM EST
President wants to see more athletes take political stands
Dec 19, 2014, 2:56 PM EST
This gives the Rockets a little more depth on the wing with Harden and Ariza.
Dec 19, 2014, 2:15 PM EST
Thunder star sprained ankle against Warriors
Dec 19, 2014, 1:40 PM EST
Miller starting against Nets in first game back from concussion
Dec 19, 2014, 1:04 PM EST
Sending Wright to the Celtics leaves major hole at backup center
Dec 19, 2014, 12:28 PM EST
Mark Cuban is too smart to pull the trigger on this kind of deal unless he has word he can keep his man.
Dec 19, 2014, 11:51 AM EST
Heat and Nets among teams that showed interest
Dec 19, 2014, 11:15 AM EST
Mavericks owner, one of many celebrities singing off Stephen Colbert, had his priorities in line
Dec 19, 2014, 10:15 AM EST
The Bulls are better off with their depth and flexibility.
Dec 19, 2014, 9:44 AM EST
Greek Freak makes diving steal again Kings
Dec 19, 2014, 9:08 AM EST
Warriors forward blows dunk, does everything else right in win over Thunder
Dec 19, 2014, 8:30 AM EST
Chris Kringle channels his inner-Allen Iverson
Dec 19, 2014, 8:00 AM EST
He will get another shot at being a head coach in the NBA. He deserves it.
Dec 19, 2014, 1:01 AM EST
Rondo moves the Mavs into contender status in the West. Problem is that is a crowded field.
Dec 19, 2014, 12:46 AM EST
The team officially described the sprain as “mild.”
Dec 19, 2014, 12:02 AM EST
Makes the haul even less impressive for Boston.
Dec 18, 2014, 11:00 PM EST
Phil responds to an article ripping the Knicks for making the deal.
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