{"id":39448,"date":"2009-05-25T20:35:55","date_gmt":"2009-05-26T03:35:55","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=39448"},"modified":"2009-05-25T20:35:55","modified_gmt":"2009-05-26T03:35:55","slug":"china-investors-make-deal-for-stake-in-nba-cavaliers","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2009\/05\/china-investors-make-deal-for-stake-in-nba-cavaliers\/","title":{"rendered":"China Investors Make Deal For Stake In NBA Cavaliers"},"content":{"rendered":"<p>From <a href=\"http:\/\/www.google.com\/hostednews\/afp\/article\/ALeqM5ierLqBIv5alVUEKXgOSZHT5ilY8Q\">AFP<\/a>: <\/p>\n<blockquote><p><a href=\"http:\/\/en.wikipedia.org\/wiki\/Cleveland_Cavaliers\">Cleveland Cavaliers<\/a> majority owner Dan Gilbert has signed an agreement to sell a minority stake in the National Basketball Association team and its arena to a group of Chinese investors.<\/p>\n<p>A Chinese group led by Huang JianHua, a Chinese businessman known as Ken Huang who has a reputation for linking US and Chinese companies, is in position to obtain up to 15 percent of the Cavaliers.<\/p>\n<p>The deal must still be approved by league owners but Len Komoroski, the Cavaliers&#8217; team president, said Sunday the team was approached by the Chinese group and called the venture &#8220;an exciting new opportunity.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From AFP: Cleveland Cavaliers majority owner Dan Gilbert has signed an agreement to sell a minority stake in the National Basketball Association team and its arena to a group of Chinese investors. A Chinese group led by Huang JianHua, a Chinese businessman known as Ken Huang who has a reputation for linking US and Chinese [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2],"tags":[2964,1641],"class_list":["post-39448","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","tag-nba","tag-sports","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China Investors Make Deal For Stake In NBA Cavaliers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2009\/05\/china-investors-make-deal-for-stake-in-nba-cavaliers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Investors Make Deal For Stake In NBA Cavaliers\" \/>\n<meta property=\"og:description\" content=\"From AFP: Cleveland Cavaliers majority owner Dan Gilbert has signed an agreement to sell a minority stake in the National Basketball Association team and its arena to a group of Chinese investors. A Chinese group led by Huang JianHua, a Chinese businessman known as Ken Huang who has a reputation for linking US and Chinese [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2009\/05\/china-investors-make-deal-for-stake-in-nba-cavaliers\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2009-05-26T03:35:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Liu Yong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cdt\" \/>\n<meta name=\"twitter:site\" content=\"@cdt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liu Yong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2009\/05\/china-investors-make-deal-for-stake-in-nba-cavaliers\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2009\/05\/china-investors-make-deal-for-stake-in-nba-cavaliers\/\"},\"author\":{\"name\":\"Liu Yong\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/bde859fa557a468c7a4b1a9d9db2b46c\"},\"headline\":\"China Investors Make Deal For Stake In NBA Cavaliers\",\"datePublished\":\"2009-05-26T03:35:55+00:00\",\"dateModified\":\"2009-05-26T03:35:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2009\/05\/china-investors-make-deal-for-stake-in-nba-cavaliers\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#organization\"},\"keywords\":[\"NBA\",\"sports\"],\"articleSection\":[\"China &amp; 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