NBA’s Adam Silver Says Crisis in China Triggered ‘Substantial’ Losses
- NBA lost local partners in fallout over executive’s tweet
- Chinese interests sought Morey’s firing for tweet, Silver says
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The National Basketball Association’s crisis in China, triggered by the Houston Rockets general manager tweeting support for Hong Kong protesters, has already cost the league “substantial” losses.
“The financial consequences may go on and be fairly dramatic,” Commissioner Adam Silver said Thursday at the Time 100 Health Summit in New York. But the league is willing to take on the costs to support free expression, he said.