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Chapter 523 Entering the CBA

Spring City, next to the beautiful Dian Lake.

It was already a week after the Olympics. Lin Yu appeared in Spring City, followed by a group of Lin's team staff.

A group of media reporters were chasing and taking pictures on both sides. The security personnel separated them, but they kept asking questions because everyone knew that Lin Yu would definitely give them an answer.

"Dayu, can you tell me why you bought the Red River team? Is it to return to China for development after retiring from the NBA?"

"There are so many CBA teams, why did you choose Honghe?"

"After acquiring the Red River team, do you have any special plans? Will the Red River team be moved out of Honghe Prefecture?"

"Will you play for the Red River team and make your CBA debut?"

"..."

Lin Yu was speechless all the way, wearing sunglasses and walking quickly to the door of the hotel.

Then he turned around, raised his arm, and pressed his palm down twice, and the scene instantly became quiet.

"I'll give you a unified answer to a few questions."

Seeing that reporters were about to make noise again, Lin Yu raised his voice: "Why did I acquire Honghe? Because I hope to see the men's basketball team continue to improve and we can see more Chinese faces in the NBA. I will bring some from the NBA."

Advanced team management experience and player training mechanism make the Red River team a talent base for Chinese basketball."

"Why the Red River team? To be honest, I have contacted almost all CBA teams. My request is for the team to be completely privatized, but almost all CBA teams cannot achieve the separation of management and management. Only Honghe and Honghe Prefecture Sports

The bureau agreed to my request."

"Honghe will leave Honghe Prefecture, but it will stay in southern Yunnan. We have negotiated cooperation with the Chuncheng City government to rent the Chuncheng Stadium as Honghe's new home stadium."

"I will not play for Honghe, but I will solve the financial problem for Honghe and introduce more outstanding players to help Honghe improve its performance."

"That's about it. If you have any other questions, please wait until the press conference of New Honghe."

Lin Yu turned around and left. After entering the hotel, he quickly met with the current owner of Honghe, the leader of the Sports Bureau of Honghe Prefecture in southern Yunnan.

"Hello, Comrade Lin Yu."

The leaders of the Honghe Prefecture Sports Bureau are very enthusiastic, and Lin Yu is also very enthusiastic.

But in fact, Lin Yu was very calm in his heart, and it was clear why these leaders of the sports bureau were so enthusiastic.

The financial problems of the Honghe team and Honghe Prefecture are already very serious. The current Honghe team is privately owned by the former director of the Honghe Prefecture Sports Bureau, but the former director is already under investigation by the Discipline Inspection Commission.

The Honghe Prefecture Sports Bureau has been looking for a company to take over the Honghe team for a long time, but unfortunately, facing a company that is almost certain to lose money and has little commercial and advertising value, no company is willing to take over.

Once the Red River team is unable to solve the funding problem, the official positions of the leaders of the Sports Bureau will be affected.

Therefore, after the former director's investigation became more in-depth, the Honghe Prefecture Sports Bureau became more and more anxious to send the Honghe team out.

Lin Yu's appearance was a coincidence.

It happened that the Honghe Prefecture Sports Bureau was eager to get rid of it. Otherwise, local sports bureaus would generally be reluctant to give up the management rights of the CBA team.

After some enthusiastic greetings, the two parties went straight to the topic, and the equity transfer agreement in duplicate was placed in the middle of the two parties.

Soon, after the exchange of signatures, the equity transfer was completed.

Lin Yu obtained all the equity of the Honghe team without giving even a penny to the Honghe Sports Bureau, completing the complete privatization of Honghe.

Of course, this does not mean that Lin Yu does not have to pay. When he acquires the team, he automatically assumes Honghe's debt of more than 10 million RMB, and this is all Lin Yu's expenses for acquiring the Honghe team.

In terms of value, Lin Yu spent more than 10 million RMB to acquire the Red River team, but there are not many valuable players in this team and there are almost no valuable coaches. Therefore, he will completely reorganize the team.

This means that what Lin Yu got was actually a CBA quota.

It's just that what he wants is this CBA quota, so he doesn't care about Honghe's debt.

#

After the equity transfer was completed, Lin Yu met with the leaders of the Southern Yunnan Provincial Sports Bureau.

Although it is a complete privatization, it is still very important to have a good relationship with the local sports bureau. After all, it is still difficult for the domestic sports world not to be mixed with politics.

Unlike the Honghe team in the past, Lin Yu chose to cooperate with the provincial sports bureau and rent the Spring City Stadium as their home court.

Then they spent an average annual sponsorship fee of more than 300,000 yuan to obtain the management and use rights of the Southern Yunnan Youth Team, which can be regarded as establishing a complete youth training system.

However, he also explained to the Southern Yunnan Provincial Sports Bureau that the cooperation would be renewed every three years, which left him a way out.

If necessary in the future, he will move Honghe out of southern Yunnan to big cities like Beijing, Shanghai and Guangzhou.

The overall formation of the team is now clear, as is the approximate cost.

"It cost more than 10 million to complete the acquisition. With the current players and coaches of the Red River team, plus some necessary expenses, we will spend more than 20 million RMB on Honghe every year. As for the income, it is only a single ticket.

Income, sponsorship and broadcast fees are basically non-existent in Honghe.”

"In other words, if we want to operate this team, we will lose more than 10 million RMB every year."

Lin Yu nodded, his expression very relaxed.

He can still afford to lose more than 10 million RMB every year, which is almost more than one million US dollars.

But soon, Lin Yu thought again, he wanted to upgrade the team. If he upgraded the team, the expenses would have to increase and the losses would be higher.

But he is still very relaxed, because no matter how much he increases, it is still within his ability.

"For the operation of the Red River team, just find a professional CBA manager to take care of it. Just keep an eye on it."

Lin Shenhua nodded. His job was still to be responsible for Lin Yu's overall affairs in the country. Naturally, the team's operations had to be left to a dedicated person.

Lin Yu then talked about the reorganization of the team.

"The team's coach and lineup will definitely need to be upgraded and reorganized. I don't buy the team just to watch. I still need a certain performance guarantee."

Lin Shenyuan hesitated, and Lin Yu smiled: "Don't be so picky, it doesn't cost much to run a CBA team."

"If we want to upgrade the lineup, we should first talk to Aoshen and bring back people like Zhang Songtao, Huang Haibei, and Wu Guanxi, and then recruit people from the national youth teams at all levels to form our youth team and learn the specific operations.

Xijiang team."

"In addition, in terms of combat strength, you can go to Wanwan and have a look. The top players in the SBL league should all be pretty good."

"In terms of foreign aid, let Amanda help. Find two good and cheap ones... No, find two famous ones. Ask Marbury if he is willing to come and play in the CBA. This guy has a lot of gas in the tank, but he just doesn't have a good character.

OK, come to China and have it renovated, it should be pretty good."

Speaking of foreign aid, Lin Yu immediately thought of Marbury. For Honghe, the first priority is to sell tickets, and bringing in famous former NBA players is the best choice. Among the famous NBA players,

Marbury is the first choice again.

Lin Shenzhen nodded helplessly.

Lin Yu then talked about coaches: "If you want a coach, just find a foreign teacher."

In the past few years of CBA, the results of American foreign teachers have been poor, while the results of European foreign teachers are good, but because of Yunus, Lin Yu's impression of European foreign teachers is not very good.

After much deliberation, he came up with a compromise candidate, the former head coach of the Cleveland Cavaliers - David Blatt.

David Blatt's European coaching resume is still very gorgeous. He led Maccabi Israel to win all domestic championships in Israel, was elected as the "Israeli Coach of the Year", won many championships with Dynamo St. Petersburg, and became the "Russian Coach of the Year".

Head Coach".

The greatest glory was in 2007, when he led Russia to win the European Championship. He can be called a true European champion coach.

It is still very difficult for the CBA to acquire such a head coach.

However, Lin Yu has his trump card: "Contact former Russian head coach David Blatt, offer a high salary and the promise of a chance to go to the NBA in the future, and let him be the CBA head coach for two or three seasons."

The team formation with reinforcements, foreign players and coaches has almost been arranged, and Lin Yu also has some ideas about increasing income.

He suddenly asked Lin Shenyang: "Does the CBA allow teams to sign independent broadcast contracts?"

Lin Shenzhen thought for a while: "It seems not."

"That's good, let's just let 'Basketball World' create a column dedicated to broadcasting Honghe's games. We will keep 30% of the advertising revenue and give the remaining 70% to Honghe."

If it succeeds, "Basketball World" will have more income, and so will Red River.

"Don't ask for sponsorships or anything like that yet. Wait until foreign aid and foreign teachers are in place, then sign a few to short-term contracts, and then sign long-term contracts after showing results."


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