NBA Commissioner Adam Silver said on Thursday that the fallout following a tweet...
FILE PHOTO: The NBA logo is displayed as people pass by the NBA Store in New York City, U.S., October 7, 2019. REUTERS/Brendan McDermid/File Photo
The National Basketball Association spent years building a huge following and burgeoning business in China, a market worth an estimated $4 billion for the league, but its future in the country is suddenly on shaky ground. “And I’m not even sure where we’ll go from here, but the direct answer to your question is the financial consequences have been and may continue to be fairly dramatic.”
In the aftermath of Morey’s tweet, China did not broadcast or stream the two preseason games that were held in the country between the Los Angeles Lakers and Brooklyn Nets while the NBA canceled many player appearances.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NBA-China controversy shows why US needs to be careful about Huawei, FCC commissioner says'This NBA issue ... shows how China can leverage all sorts of different levers to exert and have people toe its own political line,' Brendan Carr says
Read more »
NBA Commissioner Adam Silver: Financial effect of China fallout is 'fairly dramatic'NBA Commissioner Adam Silver says the financial fallout stemming from the league's fractured business relationship with China has been significant.
Read more »
How One Tweet Turned Pro-China Trolls Against the NBANBA general manager Daryl Morey was besieged by nearly 170,000 tweets after his pro-Hong Kong post. It appears he was the target of a coordinated troll campaign.
Read more »
LeBron James ‘NBA 2K20’ Cutscene Is Embarrassing After China CommentsLeBron James decided to weigh in on the NBA-China ordeal, and it did not go over super great. The Los Angeles Lakers superstar said that Houston Rockets general manager Daryl Morey was “misin…
Read more »
Beijing whips up NBA anger, then winds it down, disappointing Chinese nationalistsChinese nationalism is not as united as it appears.
Read more »