Nets owner Joe Tsai’s company, Alibaba, has a troubling habit of funding the companies developing the technology to track, record, and control China’s inhabitants. China has the most advanced, inhuman surveillance state ever created. And the NBA’s favorite team owner has helped China build the infrastructure to create that oppressive regime.
Tsai, who also owns WNBA’s New York Liberty and the San Diego Seals of the National Lacrosse League, is worth $8.5 billion, mostly from his Amazon-esque company Alibaba, headquartered in Hangzhou, China, with a revenue of over $700 billion per year.
Then there is Kings co-owner Paul Jacobs, who has more than 30% of his net worth linked to business in China, ESPN added. With his investment in tech company Qualcomm, it is estimated that Jacobs has about a $140 million exposure in red China.