April 19, 2024

AndronETalksNews

AndronETalksNews

NBA owners ‘have a combined $10BILLION of exposure in China’ beyond league’s $5billion business in the country

Daily Mail UK

Forty principal owners in the NBA reportedly have more than a combined $10 billion tied up in China – investments that have significant impact on the valuation of the teams.

Between the personal investments and NBA China having grown into a $5 billion business, ‘the China value of each of the league’s 30 teams [is] an estimated $150 million,’ according to ESPN, which commissioned the New York firm Strategy Risks to conduct an assessment. 

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