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The news that a team announced its dissolution just over a year after its formation is undoubtedly jaw-dropping. The Bay Area Wing Dragon Club of the East Asian Super League officially announced their dissolution, ceased all operations, and withdrew from the East Asian Super League. The news was really unexpected, especially considering that in mid-August, the Wing Dragons had just announced their new roster, and they were full of ambitions, declaring: "Season of revenge!" We're back! However, just as the new season was about to begin, they announced their disbandment.
However, this begs another question: Why do investors from other teams have an opinion about the Wing Dragons? The key here is that the owner of the Wing Dragons and the CEO of the East Asian Super League are the same person, Matt Beyer. This apparent conflict of interest is difficult for other teams to accept. To use an analogy, if the NBA were to create a new team in Las Vegas, and NBA commissioner Shaw became the owner of the new team, would the other teams agree?
Players such as Zhu Songwei, Liu Chuanxing, Ju Mingxin, Zheng Qilong, Adili Kurban, Wang Yunzhang and others have issued statements saying that they will take legal measures to defend their legitimate rights and interests. The players stressed that they were not notified of the team's dissolution until September 1, without warning. Considering that the CBA's registration deadline is August 31, is this just a coincidence?
The Bay Area Wing Dragon was founded in late 2021, but in the summer of 2022, they underwent a massive recruitment to prepare for the new season of the East Asian Super League. They once poached Zhu Songwei from the CBA on a huge contract, and the player's annual salary was as high as 2 million, far more than he earned during the CBA.
Although the Qingdao team once offered Liu Chuanxing a contract extension, his annual salary was only 600,000 yuan, so he decided to join the Brisbane Bullets of the Australian NBL. However, in the summer of 2022, Liu Chuanxing signed with the Bay Area Wing Dragons again, and this time the annual salary was as high as one million, far exceeding his salary during the CBA period.
The dissolution of the Wing Dragons has become a reality, and the players seem to be the biggest victims. In any case, we hope that these CBA veterans will find new opportunities and ways out as soon as possible. This incident once again highlights the complex problems and dilemmas in the sports industry, and the uncertainty of the future of the players.
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