Aug 4, 2011, 4:49 PM EDT
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).
Aug 1, 2014, 7:35 PM EDT
Damian Lillard also wanted Williams back in Portland
Aug 1, 2014, 6:30 PM EDT
Magic Johnson takes parting shot at Mike D’Antoni
Aug 1, 2014, 5:44 PM EDT
Rumor had suggested Brewer could replace Kevin Martin or J.J. Barea in deal
Aug 1, 2014, 5:00 PM EDT
Chicago added Pau Gasol, Nikola Mirotic and Doug McDermott this summer
Aug 1, 2014, 4:14 PM EDT
New York had only minimum contract available
Aug 1, 2014, 3:37 PM EDT
If true, Corey Brewer would be a nice get for the Cavaliers.
Aug 1, 2014, 3:00 PM EDT
It’s no Heat-Cavaliers, but it’ll do
Aug 1, 2014, 2:22 PM EDT
Parker’s max extension: three years, $43,335,938
Aug 1, 2014, 1:51 PM EDT
Aug 1, 2014, 1:00 PM EDT
Wade is trying to drop pounds to make life easier on his knees. We’ll see how much that helps.
Aug 1, 2014, 12:25 PM EDT
That will go away in three months
Aug 1, 2014, 11:51 AM EDT
“So when I say I felt disrespected, I just felt like the way I played the game of basketball wasn’t appreciated.” —Isaiah Thomas referring to Sacramento management.
Aug 1, 2014, 11:20 AM EDT
Why is the Pacers’ star choosing LeBron James’ team?
Report: Greg Monroe ‘doesn’t really have a great interest in going back and playing with the Pistons’
Aug 1, 2014, 10:29 AM EDT
Pistons have reportedly talked sign-and-trade with Hawks, Suns and Blazers (but Portland is out)
Aug 1, 2014, 9:44 AM EDT
Finally, San Antonio basketball fans have a reason to be proud
Aug 1, 2014, 8:44 AM EDT
Kevin Durant has a couple nice ones.
Aug 1, 2014, 8:00 AM EDT
Bidding starts at $35,000. Which we all have just lying around.
Aug 1, 2014, 1:35 AM EDT
“Nothing to see here. Move along.”
Aug 1, 2014, 12:05 AM EDT
Bosh was very close to leaving Miami in free agency,
Klay Thompson, Kyle Korver engage in three-point shooting contest at USA Basketball mini-camp (VIDEO)
Jul 31, 2014, 11:05 PM EDT
Klay Thompson and Kyle Korver engaged in a shooting contest at USA Basketball mini-camp in Vegas.
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