Wednesday, May 27, 2009

China is Everywhere... Even the NBA

No, we are not talking about Yao Ming.

The Cleveland Cavaliers have sold a minority piece of the club and arena to a Chinese investment group, one of whom has been actively involved in U.S sports franchises like the New York Yankees.

Are they setting up to defend a run by the Knicks at LeBron James when he turns to a free agency? This type of deep pockets and global reach (to maybe the greatest endorsement hound ever with LeBron) may be enough to keep James from the lights of Broadway.

Ming and James have both already garnered quite a following in the country, but will the Chinese now start altering the U.S. sports landscape? Bet on it. Money will sway anyone.

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