To evaluate the owners' China exposure strictly through…

To evaluate the owners’ China exposure strictly through their teams, ESPN used a conservative approach focused solely on valuation. NBA China is valued at approximately $5 billion, and the NBA owns 90% of the entity (ESPN owns a 5% stake and several state-controlled banks collectively own the rest). That would put the China value of each of the league’s 30 teams at an estimated $150 million. The exposure numbers are estimates, and they’re based on market values as of February. Because the teams and companies are private entities, the financial information was derived largely from government filings, media reports and other publicly available documents.
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August 18, 2022 | 8:28 am EDT Update
After being traded by the Portland Trail Blazers to the Clippers last February, Powell proceeded to play three games before sustaining a left foot fracture. His recovery took weeks, which only allowed him to suit up in the team’s last four games including the Play-In tournament. The veteran admitted that it was a tough experience of not being able to have an on-court familiarization with his team in the previous campaign. “It’s kind of a tough hill to climb on, only playing for three games and then coming back for the playoffs, it’s tough,” Powell said, via David Yapkowitz of 213 Hoops. “I really didn’t get a full chance to show what I bring to the table, just a little bit of a spark there.”
Former Boston Celtics player Enes Kanter Freedom explained why the NBA is “really mad” as its hypocritical business ties to communist China are exposed Wednesday on “The Ingraham Angle.” KANTER FREEDOM: Everything the NBA does is either for money or a publicity stunt. It’s been like that for years, so I’m not really surprised. They could care less about the players, about the coaching staff and the fans as long as the league image is profitable.
Enes Kanter Freedom: And finally, they are really mad because someone finally from the inside who played 11 years in this league — [is] going out there and exposing them one by one. And that is unacceptable… What is unacceptable is how they can bow down to the biggest dictatorship out there in the world. So that hurt my heart. I was like, “You know what? Enough is enough. Someone has to call out this hypocrisy.” And I did it.
August 18, 2022 | 2:54 am EDT Update
Those around the team were confident that James signing an extension was likely, considering how much he’s enjoyed playing for the Lakers and living in Los Angeles. The primary complication in James’ decision was that he has been privately adamant that the Lakers still need to improve the current roster and trade for superstar point guard Kyrie Irving, league sources have told The Athletic.