Oct 11, 2012, 6:24 PM EDT
The NBA is serious about expanding into the Chinese market.
That is more than just a couple preseason games — the Heat beat the Clippers in Beijing early Thursday and they meet again this weekend in Shanghai — and having players go over there on shoe company sponsored tours. They have an official NBA office in China and now they are about to have an actual footprint.
The NBA is actually building a sports/entertainment complex, reports the New York Times.
The N.B.A. Center — a basketball extravaganza that will include a gym and an N.B.A.-themed cafe, a restaurant and a store as well as an interactive gaming area and a children’s zone — will be placed at the center of a $1.5 billion, 800-hectare, or 2,000-acre, property development being built by a Chinese company….
Why China? As always just follow the trail of money.
China is already the second-biggest market for the N.B.A., after the United States, and it is a key to the league’s international strategy, with revenue of more than $100 million for the past year, according to analysts.
And with the size of China, the growing middle class in that nation and a growing love of basketball there, this makes a lot of financial sense. The league plans to build more than one eventually, league officials said.
Doing business in China and understanding the market there are not simple, but the league is committed to it, clearly. Because you don’t see them building like this in Europe or Mexico.
Thunder GM refutes report he didn’t consult Kevin Durant, Russell Westbrook before hiring Billy Donovan as coach
May 6, 2015, 11:50 AM EDT
Discussing the move with Durant and Westbrook was the team’s only option.
May 6, 2015, 11:10 AM EDT
Pierce also had some words for the fans.
Draymond Green after Warriors’ loss: ‘Now the whole world has collapsed, the Bay Area’s just been hit by an earthquake’
May 6, 2015, 10:30 AM EDT
Green mocks the level of panic some may perceive exists after the Warriors lose at home for just the third time all season.
May 6, 2015, 9:50 AM EDT
Allen has totaled seven steals in the first two games of the series.
May 6, 2015, 9:10 AM EDT
Nice moment for Curry and the Golden State fans.
May 6, 2015, 8:30 AM EDT
This is all about another revenue source for the league.
May 6, 2015, 8:00 AM EDT
He was hitting everything, scoring 22 on 12 shos.
Tony ‘First Team All-Defense’ Allen and Mike ‘Masked Assassin’ Conley lead Grizzlies to Game 2 win over Warriors
May 6, 2015, 1:47 AM EDT
Memphis backcourt steps up defensively in 97-90 victory
May 6, 2015, 12:06 AM EDT
Sparties gonna Sparty
May 5, 2015, 11:04 PM EDT
John Wall was a late scratch, but Washington remained within striking distance for most of the contest.
May 5, 2015, 10:20 PM EDT
No smiles for Chicago
May 5, 2015, 9:32 PM EDT
Grizzlies point guard says foot injury still bothering him
May 5, 2015, 8:59 PM EDT
Only one Spurs player makes more than that
May 5, 2015, 8:05 PM EDT
Draymond Green: The Real MVP
May 5, 2015, 7:18 PM EDT
Huge loss for Washington to put it lightly
May 5, 2015, 6:33 PM EDT
So bring in Fred Hoiberg and send Thibs to Orlando? Not so fast
May 5, 2015, 5:30 PM EDT
May 5, 2015, 4:45 PM EDT
The Clippers are playing with house money after Game 1.
May 5, 2015, 4:00 PM EDT
Really Tony? Who have we seen like Curry before?
May 5, 2015, 3:15 PM EDT
Conley has missed his team’s last three games.
- Tony ‘First Team All-Defense’ Allen and Mike ‘Masked Assassin’ Conley lead Grizzlies to Game 2 win over Warriors 14
- Hawks unimpressive, but pull away late for Game 2 win over Wizards 6
- Mike Conley playing Game 2 against Warriors tonight 0
- John Wall out for Wizards-Hawks Game 2 tonight 3
- PBT Extra: Will Doc Rivers sit Chris Paul in Game 2? 0
- Tony Allen on MVP Stephen Curry: “It ain’t nothing I ain’t never seen before” 23
- PBT Extra: Grizzlies searching for answers, Mike Conley in Game 2 3
- PBT Extra: Hawks need to lean on starters more, hit open looks in Game 2 0