Cavs ink ownership deal with China group (AP)

[ASFN Admin]

The Cleveland Cavaliers have a signed an agreement with an investment group from China to become minority owners of the NBA franchise and its arena. The move could impact superstar LeBron James' future with the team. The Asian conglomerate, which includes JianHua Huang, a Chinese businessman who has brokered sponsorship deals with the New York Yankees and other sports franchises in the U.S., could...

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