Owners Rumors

Tsai reiterated that he’s willing to pay the luxury tax if needed… ”We know the fans expect us to win a championship…if we pay luxury tax, so be it. And the good thing is I believe that we do have the pieces in place. Now we have some injuries and people are coming back. But the fundamental pieces are in place to perhaps go all the way, so I’m absolutely comfortable that if we pay the luxury tax that’s fine.”
In the YES interview. Tsai noted the popularity of hoops in China and the importance of international basketball to the NBA’s future. “Well, the NBA is global; it’s a global sport. Basketball is played everywhere in the world, and in China there’s over 300 million people that play basketball, that watch NBA games. Also let’s put this thing in a historical perspective; the NBA has been in China for 40 years.”
Joe Tsai: “So when you look at these 40 years — all the history of the NBA in China, all the goodwill the NBA has built up — you have to take a long-term perspective. Now, we sort of have a short-term setback. Both sides are working to get our relationship back on track. The key thing is we need be broadcast on TV back in China. There’s talk NBA ratings are kind of down for various reasons. But we don’t want to see ratings go down globally. We need the NBA games to be back on TV in China.”
“I’m extremely pleased with the work Rob has done in order to put this franchise in a position for success, “said Lakers Governor Jeanie Buss. “His strong leadership skills, as well as his commitment to building a winning culture, both on and off the court, have brought us one step closer to being a championship-caliber team and I look forward to our continued work together.”