New com­pany to re­form, run do­mes­tic league

China Daily (USA) - - NEWS CAPSULE -

Retired NBA bas­ket­ball star Yao Ming has shifted his fo­cus to re­form­ing the game at home af­ter a new com­pany was es­tab­lished based on his pro­posal to run the do­mes­tic league pro­fes­sion­ally.

The Chi­nese Bas­ket­ball As­so­ci­a­tion, to­gether with 20 top-tier clubs, an­nounced on Tues­day the es­tab­lish­ment of CBA League (Bei­jing) Sports Co.

Its task will be to re­form the ad­min­is­tra­tion of the do­mes­tic league through more pro­fes­sional ap­proaches in com­mer­cial and ath­letic op­er­a­tions.

Cit­ing the ex­am­ple of the NBA, which is jointly owned by team in­vestors and man­aged by pro­fes­sional ex­ec­u­tives, Yao led a group of rep­re­sen­ta­tives from 17 other clubs in ne­go­ti­a­tions with the gov­ern­ment-con­trolled as­so­ci­a­tion for months be­fore the com­pany was of­fi­cially regis­tered in Oc­to­ber. (Photo 4)

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