The most important signing of 2024 has just been reached. According to ESPN, the NBA league board of directors has agreed to a six-year contract extension with current commissioner Adam Shaw, which will be extended through 2030. In the eyes of many fans, the appointment of Adam Shaw has made the NBA no longer pure, including a series of operations such as the introduction of the gambling industry, which have made fans dissatisfied.
But in fact, looking at Xiao Hua from the perspective of the market, you will find that he is actually quite popular. As early as 2022, a number of news** reported that due to the outstanding economic benefits during his employment, a number of industry giants are interested in poaching President Xiao with high salaries, including the NFL (Football League), the first business league in North America.
At the end of last year, the news of the transfer of the NBA's strongest supergiant was very loud, and the NBA was panicked. At this point, President Xiao's retention is confirmed.
Many fans are probably not familiar with the president's career, he was born in New York in 1962 and attended Duke University. In 1992, at the age of 30, Xiao became a special assistant to President Stern, an assistant who has been in office for more than 20 years. Despite being a young man, his business acumen was recognized early on by journalists.
In 2003, Adam Shaw was featured in Time Magazine and CNN, two of the most influential companies in the industry at the time, called Shaw the most influential businessman in the world. The magazine's vision is obviously right, in 2014, Xiao Xiao was upgraded to President Xiao, compared to President Stern's pure basketball, President Xiao is better at eyeballs and adding new economic sectors.
Including the All-Star restructuring, play-offs, mid-season games, etc., are all operations after President Xiao took office. In 2022, the world was affected by the epidemic, but under the leadership of President Xiao, the annual revenue of the NBA exceeded 10 billion for the first time, and a number of financial data reached new highs. The president's earning ability is gradually affirmed, and what fans want to see is more basketball-related content.
Will it be able to fulfill the wishes of the fans? Let's take a look at the next six years.