Joseph Tsai Rumors

Lin — who is Tsai’s favorite player — was dealt to Atlanta last month, but Tsai, Spencer Dinwiddie and Rondae Hollis-Jefferson all played in Lin’s “Hoops for Hope” charity game in Shenzhen, China, last weekend. Hollis-Jefferson got hurt in the game, but the team’s acknowledgement of the injury failed to mention Lin or the philanthropic event.
The transaction provides Mr. Tsai an option to acquire further shares in 2021 and, if exercised, become the controlling owner of the team. The announced share sale does not include Barclays Center, which will continue to be wholly owned by Onexim Sports and Entertainment. The NBA Board of Governors unanimously approved the transaction.