Home

Who's Online

We have 96 guests online

NCAA Basketball News

Interviews

Biz of Basketball Originals



Resources

Buy sports tickets from top basketball ticket broker Coast to Coast. You'll find cheap 76ers tickets and premium Bobcats tickets, as well as a Chicago Bulls game schedule. Also check us out for Boston Celtics tickets, Dallas Mavericks tickets and Bucks basketball tickets.
NBA Opening Stores in China Next Month. Using Olympics to Boost Interest PDF Print E-mail
User Rating: / 0
PoorBest 
Written by Maury Brown   
Wednesday, 02 July 2008 12:26

NBAThe NBA is preparing to open two stores in China this month, with 500 to 1000 planned in the future. The first two stores will be smaller versions of the NBA’s flagship store in New York and will be located in downtown Beijing. According to NBA China Chief Executive Officer Tim Chen, sales of NBA goods at the 50,000 current licensed outlets may rise 40 percent this year, buoyed by the Aug. 8-24 Olympics. As reported by Bloomberg News:

“We've had super growth in the last couple of years and when we look at the potential, it's just amazing,'' Chen said in an interview today. “After the Olympics, people in China will know more about our players and that widens the fan base for the NBA.''

Lifted by the success of Houston Rockets center Yao Ming and booming basketball participation, the NBA has come a long way in China since the days when it didn't charge for its television feed two decades ago. Chen said 450 million viewers watch the NBA in China and the Chinese Basketball Association estimates 300 million people play the sport.

Numbers like that helped persuade investors including Walt Disney Co.'s ESPN and Hong Kong mogul Li Ka-Shing to pay $253 million together for an 11 percent stake in NBA China in January. Growth may continue because the league's commercial partners are concentrated in Beijing and Shanghai, Chen said.

The NBA will lend their flair to the Olympics, as well. Beijing organizers asked the NBA to assist in entertainment aspects. From pumped up music, high-tech scoreboards, even cheerleaders.

“We're bringing in 35 people from NBA USA to help with game presentation, to make it more fun,'' Chen added.


OTHER NEWS ACROSS THE BUSINESS OF SPORTS NETWORK


Maury Brown

Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer.

Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

 

 
 

Keep locked in to BetUS.com this spring for the best betting experience on March Madness. No other sportsbook offers as much as insider news, free bets, free swag and sports merchandise as part of a loyalty program.


All Basketball Tickets are now on sale at Vividseats.com, including New York Knicks Tickets , Boston Celtics Tickets , LA Lakers , and San Antonio Spurs Tickets. We also have all other Sports Tickets like MLB Tickets and College Football Tickets.