The NBA Landscape Is Evolving

Heat Check with Trysta Krick

The 8 Side

Basketball, Sports

2.2 • 1.7K Ratings

🗓️ 9 December 2022

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

NBA Podcast for 2400 Sports

Transcript

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0:00.0	This is an IHeart podcast.
0:13.4	Yes, you heard that right.
0:17.1	I wish I had one of those buttons where I could make my voice lower.
0:21.2	China. Will China I had like one of those buttons where I could make my voice lower. China.
0:22.4	Will China end up owning multiple NBA teams?
0:28.1	Probably. Yeah, probably.
0:30.3	Lost in the shuffle this past month is a decision that Adam Silver and the NBA made about who can own an NBA team.
0:39.1	The NBA Board of Governors made a rule change that allows sovereign wealth funds.
0:44.1	Anytime I hear those three words together, I start freaking the fuck out.
0:49.3	Sovereign wealth funds?
0:50.6	I don't know, like Saudi Arabia and the, let's just look that up for a second.
0:56.1	Endowments, pension funds, all can buy stakes in NBA teams.
0:59.4	Why is this important?
1:02.3	Well, because sovereign wealth funds are offshoots of foreign governments.
1:07.6	And the NBA now becomes the first pro sport in America to allow foreign governments to buy into the league.
1:15.8	Are we going to have some fucking international warfare inside the NBA?
1:20.6	Whoa.
1:21.2	Could you imagine?
1:22.3	Which team would it be?
1:24.1	I mean, it's got to be the Brooklyn Nets, right?
1:26.0	Like Joe Sy, Joe Sy, we know how he connected he is to China.
1:32.0	Just made it up the top of my head. Probably true. Who else would it be?
	...

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