Basketball legend Yao Ming suddenly resigned as president of the Chinese Basketball Federation
Replacing Yao Ming will be Xu Jicheng, a veteran Chinese journalist with many years of experience in the sports world.
Yao Ming took over as president of the China Basketball Federation in 2017. Since then, he has always tried to improve the image of the Chinese professional basketball league and has achieved certain successes.
CBA is currently one of the tournaments with good salaries for players in the Asian region. This is the result of attracting many stable and long-term investments.
No specific reason was given by either Yao Ming or CBA. There is only one thank you from the tournament leadership for the contributions of the legend born in 1980.
"This is a mutually agreed upon decision and it's time for us to find a new direction," a CBA spokesperson said of Yao Ming's decision to part ways.
In the past time, the Chinese Professional Basketball League (CBA) has been involved in many scandals related to corruption, accepting bribes and especially match-fixing at the Playoffs not long ago.
The two clubs involved, Jiangsu Dragons and Shanghai Sharks, were immediately investigated after Jiangsu "suddenly" got 5 turnovers in less than 1 minute.This series of ball losses allowed the Sharks to complete the comeback and win the game. won to the surprise of many.
The CBA conducted an investigation and concluded that there was a match settlement between the two clubs. The result of the Playoffs series between Jiangsu Dragons and Shanghai Sharks was canceled, the two teams were immediately eliminated.
Many individuals including technical directors and coaches of two teams were banned from basketball-related activities for 3-5 years. In addition, each team was fined 5 million yuan, the equivalent of 725,000 US dollars (about 16 billion dong).
China is still one of the fertile markets with professional basketball, attracting many talents (including former NBA players) and having large investment capital of brands. However, CBA is often involved in scandals both inside and outside the football field.
Investigations into bribery, match-fixing and match-fixing continue year after year, targeting various levels of personnel such as players, coaching staff and even the upper echelons.
ESPN research said the instability in team owners also caused 20 CBA teams to face many difficulties, struggling to find stability.
