ProcessMeUpFam wrote:oceanlife wrote:MadDogSHWA wrote:OK so lets assume the Chinese GOV is upset with the NBA. How exactly does that translate to financial losses? Have the games been banned there?
Cap is based on collective income. If China restricts the NBA's access, which lead to lower income, then based on the current CBA the cap would decline. Teams would then need to lower salaries on new contracts accordingly.
After decades of growth the US Basketball Market is fairly saturated, there's not much the NBA can do domestically, so to grow their income they need to go international. China is the easiest money at the moment. Huge population with disposable income. If the NBA plays their cards right in China the NBA can double their income by the end of the next decade. Means next generation LeBron makes 60+ million a year. Role players making $15 million. Big time $$.
The NBA wants other regions, like Indian and Africa, but they are much poorer than China at the moment. Europe is a tough nut to crack since they already have their own leagues. China is the big opportunity right now. China's only requirement is for the NBA to stay silent while the communist government steals western intellectual property, imprisons its citizens, and continues to recolonize Africa. Small price to pay for a few bucks right.
Genuinely curious what you mean by recolonize Africa? Can you point me to a link or anything?
China loans poor countries billions to build infrastructure (so they can pay those billions to Chinese construction firms), then takes over ownership of the infrastructure when the country can't repay the loans. It's included in the deal - "If you don't repay us, we get the stuff we built for you. In your country." And just to add insult to injury, China imports temporary Chinese construction workers, so the locals don't even get any jobs out of it. A lot of corrupt leaders in these countries go along with it just to get the kickbacks. They know they're literally selling their own nations. It's happened over and over again.
I believe it was Malaysia who actually stood up to China and said, "Nope. We're not paying you back, and you aren't getting our infrastructure." That was when a new president came into office. He said the deal the old president cut didn't stand. There are African countries where China owns pretty much all the transportation, all the media, and all the natural resources, partly because of deals like this (e.g., Zambia). This is what people mean when they talk about the new colonialism. But it's not just limited to Africa. China owns entire shipping ports in places all throughout Europe.