Yao Ming enjoying ownership of Shanghai SharksPosted by Inside Hoops
The AP reports:
Sidelined by a foot injury, Houston Rockets star Yao Ming says he’s finding a new kind of satisfaction as owner of his former Chinese team, the Shanghai Sharks.
Yao bought out the financially troubled team’s former owners in July for an undisclosed sum in a bid to revive its fortunes.
The club is in fourth in the 17-team Chinese league, two points out of first place.
”I bought the Sharks to give them a boost and do something on behalf of Chinese basketball,” Yao said in an interview with the official Xinhua News Agency appearing in newspapers Thursday.