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ANOTHER reason to boycott basketball: NBA Has Invested $10 Billion Tied to Communist China

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ANOTHER reason to boycott basketball:  NBA Has Invested $10 Billion Tied to Communist China Empty ANOTHER reason to boycott basketball: NBA Has Invested $10 Billion Tied to Communist China

Post by Elizabeth Theus Fri May 20, 2022 10:03 am

The following article, Report: NBA Has Invested $10 Billion Tied to Communist China, was first published on Big League Politics.

A new report from ESPN shows that the National Basketball Association (NBA) has at least $10 billion dollars invested in communist China.

A three-year ban of NBA games on state-run television in Communist China was quietly lifted in recent weeks. The NBA has fully restored their tattered relationship with Communist China after players and executives began speaking out against the authoritarian regime, and they certainly have the monetary incentives for doing so.

The 40 principal NBA owners have at least $10 billion invested in China, ESPN has found. One owner even has a company in a joint venture with an entity that has received sanctions from the U.S. government. This is coming even as the NBA pushes woke politics to the hilt, showing the extreme hypocrisy of the league and its low IQ ball throwers.

“This is a significant issue and problem that American companies have,” said Robert Kuhn, an advisor with significant ties to China. “It’s a tension between those two poles … to see companies promoting social justice in the U.S. but staying silent on what would be perceived to be far worse issues in China.

“This is going to be an issue for the rest of our working lives,” he added.

Additionally, NBA Communist China is valued at roughly $5 billion, and the NBA owns 90 percent of the organization. This entity puts a stunning $150 million of value into each of the league’s 30 NBA teams. In short, Communist China has the NBA by the short hairs.

continued:
https://ussanews.com/2022/05/20/report-nba-has-invested-10-billion-tied-to-communist-china/
Elizabeth Theus
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Post by Lummy Sat May 21, 2022 6:24 am

If not for basketball, blacks would have far less potential value.
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