
NBA team ownership is a ticket into one of the most exclusive fraternities in the world. Michael Jordan, Mickey Arison and Joe Tsai are all multibillion-dollar businessmen and owners of various NBA franchises. They saw NBA team ownership as a lucrative investment and many have made a lot of money off of that investment.
The NBA And China: But NBA team ownership isn’t their only investment. Many are familiar with Cuban’s story, Ballmer’s run with Microsoft Corporation (NASDAQ:MSFT), Jordan’s brand and his partnership with Nike Inc (NYSE:NKE). But, what you may not be as familiar with are their investments in the Chinese market.