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Controversy! Yao Ming's company took over the basketball association's business, and Newsweek raised three questions about corruption

Recently, there has been a major outbreak of Chinese basketball, the most noteworthy of attention is definitely the Xinjiang men's basketball team announcing its withdrawal from the CBA league and completely disbanding.

Controversy! Yao Ming's company took over the basketball association's business, and Newsweek raised three questions about corruption

For a while, many fans were surprised, but they were actually very curious, is it true that the Xinjiang men's basketball team mentioned in their announcement that Yao Ming opened a company and interacted with the basketball association? Because judging from the news announced by the Xinjiang men's basketball team, they pointed out that many businesses of the CBA, including the basketball association, are currently monopolized by a company in the industry. Although they did not explicitly point out this company, at present, media people, including state media, have clearly pointed out that the so-called monopoly company is Yao Ming's Zhonghui Sports.

Controversy! Yao Ming's company took over the basketball association's business, and Newsweek raised three questions about corruption

According to official information, the so-called Zhonghui Sports Company was originally established in the early years to serve and prepare for Yao Ming's CBA in the United States. Later, Yao Ming returned to China after retiring and successfully became the chairman of the Chinese Basketball Association, and he decisively stepped down from the position of head of the company. The embarrassing thing is that although Yao Ming does not seem to have much connection with this company, the CEO of this company is still his agent Lu Hao. This means that Yao Ming and this company are still inextricably linked.

Controversy! Yao Ming's company took over the basketball association's business, and Newsweek raised three questions about corruption

Under such circumstances, it is inevitable that many people will question whether Yao Ming and this company have an interest relationship. Just recently, in response to these questions, the state-run China Newsweek asked three questions in its report, wondering whether there is any shady and anti-corruption insider in this. China Newsweek pointed out that, first of all, whether the cooperation between Zhonghui and the basketball association has gone through the bidding process, whether the second complies with the relevant regulations, and whether the third is there any problem of profit transmission and corruption? Judging from the three questions raised by the current official media, these are the answers that many fans want to know.

Controversy! Yao Ming's company took over the basketball association's business, and Newsweek raised three questions about corruption

To put it bluntly, this company has such a close relationship with the basketball association and Yao Ming, and every time they cooperate with the basketball association and even the CBA league, is it because of Yao's relationship that they finally won the bid? This is indeed a major issue.

Next, I hope to have a good review, if Yao Ming and the company do not have too many interests issues, of course, will continue to support him to work in the Chinese Basketball Association. But if there are other controversies, I hope to investigate thoroughly and give fans a real truth.

Yao

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