Report: Chinese boycott could cost Rockets $25 million this year

ASFN Admin

Administrator
Administrator
Moderator
Supporting Member
Joined
May 8, 2002
Posts
353,823
Reaction score
38
You must be registered for see images attach


Tensions between China and the Houston Rockets appear to be cooling down, but the global fiasco that started with a simple tweet from general manager Daryl Morey will likely still hit the team's bottom line hard. A conservative estimate reveals the NBA pulls in about $500 million in revenue from China and its nearly 500 million fans, but any losses would disproportionally hurt the Rockets, the most popular team in the nation. According to a report from the New York Times' Marc Stein, the flare-up could cost the team $25 million this year. During Thursday's game between the Brooklyn Nets and Los Angeles Lakers, Chinese logos were taken off the court, and it wasn't broadcast on state-run TV.

Continue reading...
 

Staff online

Forum statistics

Threads
551,554
Posts
5,388,186
Members
6,310
Latest member
sundevils78
Top