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 3, 2015, 3:04 PM EDT
Does Melo fit in New York?
Aug 3, 2015, 2:08 PM EDT
NBA teams played 70 four-in-fives last season
Aug 3, 2015, 12:50 PM EDT
“I didn’t miss it. I realized how much time I missed not being home with my kids.” —Ray Allen on last season
Aug 3, 2015, 11:44 AM EDT
Nike may well match.
Aug 3, 2015, 11:10 AM EDT
Denver has until Oct. 4 to make a decision.
Aug 3, 2015, 9:55 AM EDT
The Kings were never a likely landing spot.
Aug 3, 2015, 9:15 AM EDT
We bring you this, because it’s August.
Aug 3, 2015, 8:30 AM EDT
What will J.P. Tokoto, future Philadelphia second-rounders think of McRae’s contract?
Aug 3, 2015, 8:00 AM EDT
The Timberwolves roster doesn’t have a lot of quality three point shooters on it.
Aug 3, 2015, 12:01 AM EDT
Orlando keeps backup center on minimum contract
Aug 2, 2015, 10:30 PM EDT
I think the movie is coming, people.
Aug 2, 2015, 9:32 PM EDT
Saunders has a versatile front line, but does he have enough shooting to give them room to operate?
Aug 2, 2015, 8:50 PM EDT
Jordan will gloat about this to Butler for years.
Aug 2, 2015, 3:30 PM EDT
The game in Africa felt like an exhibition.
Aug 2, 2015, 2:00 PM EDT
It’s a standard rookie contract for a first-round pick.
Aug 2, 2015, 12:30 PM EDT
He will be one of the favorites to win ROY.
Aug 2, 2015, 11:00 AM EDT
He was a star with the Buffalo Braves (the franchise that is now the L.A. Clippers).
Aug 2, 2015, 9:30 AM EDT
“Dude, what are you talking about? You’re only a year older than me!” — Giannis Antetokounmpo on Anthony Davis calling him “kid.”
Aug 2, 2015, 8:00 AM EDT
Okafor is getting acquainted with his young fans in Philadelphia.
Aug 2, 2015, 12:30 AM EDT
Davis is in talks to re-sign with the Clippers.
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