Increasingly in the sports world, former – and even current – sports stars are taking ownership stakes in franchises. Could China be part of this growing trend?
Google “David Beckham” these days and right below the tabloid stories about strife with Victoria will be links to his MLS franchise in Miami. Likewise, Derek Jeter, now that he has finally settled down, is out of the gossip pages and back into the sports headlines thanks to his 4% stake in – and CEO role with – the Miami Marlins.
There are plenty of other well known examples: Michael Jordan (majority owner of Charlotte Hornets), LeBron James (stake in Liverpool FC) , Shaquille O’Neal (stake in Sacramento Kings), Venus & Serena Williams (stake in Miami Dolphins). Continue reading Sports stars are buying teams – even in China
In a marketing stroke of genius, the Dallas Mavericks are asking their Chinese fans to choose a new (Chinese) name for the team. Here’s why having a good Chinese name for your brand, product or even sport can be the crucial difference between standing out in the world’s largest market or going unnoticed.
The NBA‘s Dallas Mavericks are searching for a new Chinese name after deciding that their previous one “xiao niu” – literally “little cows” – has nothing to do with the team. Owner Mark Cuban announced the decision on September 11th via the team’s official Weibo account and asked for fans to send in their suggestions for a new name. But the Mavs have been so overwhelmed – reportedly receiving “tens of thousands” of new names – that they said on September 25 they would need more time to evaluate the suggestions and will announce the three finalists at a later date. Continue reading Why the Mavs have struck gold in China
Chinese basketball legend Yao Ming may be best known for his on-court exploits, but he’s now facing a challenge of a very different sort as he looks to reform Chinese basketball. In a Chinese sports version of Bannon vs. Kushner, the big man is battling “the establishment” in order to gain influence behind the scenes. But the obstacles he’s facing may be so entrenched that the entire sports industry in China is affected.
Rumors started to circle earlier this year that Yao Ming would be appointed as the new head of the Chinese Basketball Association (CBA), and despite resistance in certain quarters – including this editorial from state-run news agency Xinhua which called him too young and too inexperienced [link in Chinese] – he seemed the obvious candidate.
Continue reading Yao Ming set to play biggest game of his life
Zhou Qi and Wang Zhelin become first Chinese players drafted for nine years, but both face an uphill battle to play in the NBA.
A year ago, ice hockey player Song Andong was touted as China’s next big sporting star after being drafted by the NHL’s New York Islanders, then swiftly promoted as one of the faces of China’s 2022 Winter Olympic Games bid campaign. This spring, it is the turn of two Chinese basketball players, Zhou Qi and Wang Zhelin, who were drafted by the NBA’s Houston Rockets and Memphis Grizzlies, respectively.
Continue reading Long road to NBA for Chinese duo
China’s winter sports push continues with arrival of professional ice hockey franchise in the capital.
Russian President Vladimir Putin arrives in Beijing this weekend and is set to sign around 30 new deals with Chinese President Xi Jinping, but the most interesting of all from a sporting perspective will be fresh details about Beijing’s new franchise in the Kontinental Hockey League (KHL), Russia’s answer to the NHL.
Continue reading Beijing set to unveil new KHL club
In the beginning there was Yao Ming. Then came Li Na. Could swimmer Sun Yang be the next Big Chinese Sports Star?
Continue reading The Next Li Na?
With the Nanjing Youth Olympic Games (YOG) drawing to a close earlier this week after receiving little to none global attention, the few people who were watching have been debating the merits of the spectacle. In general, those who were there appear to have been won over by the Chinese penchant for ‘Bigger is Better’, while those who weren’t were more than happy to pile on.
Continue reading Nanjing Youth Olympics: worth the fuss?
Continue reading 中国致力于打造全球性体育明星