AndronETalksNews
AndronETalksNews
Daily Mail UK
By REUTERS and ALEX RASKIN SPORTS NEWS EDITOR FOR DAILYMAIL.COM
PUBLISHED: | UPDATED:
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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