Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Silver: Financial losses in China 'substantial'

Written by 
Published in Basketball
Thursday, 17 October 2019 14:14

NBA commissioner Adam Silver said Thursday that the league is already dealing with "fairly dramatic" financial consequences from Houston Rockets GM Daryl Morey's support of Hong Kong's anti-government protesters.

"The losses have already been substantial," Silver said at the Time 100 Summit, in his first public comments about the NBA's relationship with China since returning to the U.S. from China earlier this week. "Our games are not back on the air in China as we speak, and we'll see what happens next.

"I don't know where we go from here. The financial consequences have been and may continue to be fairly dramatic."

Silver also addressed criticism of the league for its initial response to Morey's tweet, a statement that used the word "regrettable." That drew strong responses from some lawmakers, who saw it as the league acquiescing to the demands of the Chinese government rather than backing Morey's right of free speech. Silver said that word "regrettable" referred to the reaction of the Chinese government and its people, not the tweet itself.

"Maybe I was trying too hard to be a diplomat," Silver said. "I didn't see it as my role as the commissioner of the NBA to weigh in on the substance of the protest."

The league's follow-up comments stressed that the league supported Morey's right to speak on an issue.

"We made clear that we were being asked to fire him, by the Chinese government, by the parties we dealt with, government and business," Silver said. "We said there's no chance that's happening. There's no chance we'll even discipline him."

After Morey's original tweet on Oct. 4, China's state television, CCTV, canceled plans to broadcast two exhibition games played in China and several companies and state-run offices severed ties with the NBA. Silver said the NBA is coping with that financial fallout.

"These American values -- we are an American business -- travel with us wherever we go," Silver said. "And one of those values is free expression. We wanted to make sure that everyone understood we were supporting free expression."

Read 375 times

Soccer

Kane: England youth give Tuchel incredible options

Kane: England youth give Tuchel incredible options

EmailPrintOpen Extended ReactionsHarry Kane said incoming England coach Thomas Tuchel has been boost...

Weah 'moved on' from red card in Copa elimination

Weah 'moved on' from red card in Copa elimination

EmailPrintOpen Extended ReactionsST. LOUIS -- United States midfielder Tim Weah said he has "moved o...

WSL: Everton down L'pool in derby, Man Utd win

WSL: Everton down L'pool in derby, Man Utd win

EmailPrintOpen Extended ReactionsEverton claimed a famous 1-0 victory in the last ever Women's Super...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Hornets' Ball fined $100K for using anti-gay term

Hornets' Ball fined $100K for using anti-gay term

EmailPrintCharlotte Hornets star guard LaMelo Ball was fined $100,000 after using an anti-gay term d...

Wolves' Edwards fined $35K for obscene gesture

Wolves' Edwards fined $35K for obscene gesture

EmailPrintOpen Extended ReactionsMinnesota Timberwolves All-Star guard Anthony Edwards was fined $35...

Baseball

Ex-Reds manager Bell joins Blue Jays' front office

Ex-Reds manager Bell joins Blue Jays' front office

EmailPrintOpen Extended ReactionsTORONTO -- The Toronto Blue Jays hired former Cincinnati Reds manag...

Ferrara, who won 2 titles with Dodgers, dies at 84

Ferrara, who won 2 titles with Dodgers, dies at 84

EmailPrintFormer outfielder Al "The Bull" Ferrara died Friday, the Los Angeles Dodgers announced. He...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated