David Rosenthal: belief

Transcript context

…The only other big one that I had was scale economies for a bunch of reasons. But you can’t compete with the NBA without first getting to scale. Between starting your business and getting to NBA scale in order to negotiate the types of contracts that they have, in order to attract the types of players they have, it’s just really hard to imagine what the laddering up strategy is there. The fact that they have scale enables them to do the collective bargaining and group negotiating that they do as a league. I just can’t imagine being an upstart fighting against that. Totally. The only league that has a chance is the CBA (Chinese Basketball Association). Six hundred million basketball fans in China. Before last fall, I think probably the strategy of the CBA—set by both Yao and the party—was to partner with the NBA. Yao actually talked about. Yao and Adam Silver talked about; they’d love a future where the champion of the CBA is playing the winner of the NBA finals every year in a global championship. But now, is that what they want? Or do they actually want to try and build the CBA up into its own big competitor? Yeah, it’s a good question. You want to go to playbook?…

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