Approaching the trade deadline, NBA teams started various trades, the front volleyball team to improve the team's combat effectiveness, and the pit team to think about the future, but in addition to the team making trades, the NBA board is also doing things.
According to Woshen, the current NBA president Xiao Hua has reached a contract extension agreement with the league's board of directors, and the two sides will sign a long-term contract of about 6 years, Xiao Hua's current contract expires this summer, with an annual salary of $10 million.
Although the final annual salary has not been disclosed, combined with the fact that in recent years, whether it is a league contract or a player contract, the amount of this renewal is at least hundreds of millions.
The finalization of this contract means that the NBA will continue to be in the hands of Xiao Hua, and it is estimated that there will be another toss in the future.
In 2014, Xiao Hua took office, and the first major thing he did after taking office was to legalize gambling, and in 2018, he reached a cooperation agreement with the gaming company MGM, and the two sides officially became business partners.
This move has also been sprayed by the outside world for a long time, who believe that the legalization of gambling has affected the fairness of the game.
In addition, he also made a lot of reforms on the court, adding play-offs, reforming the All-Star, changing the secondary offensive room from 24 seconds to 14 seconds, etc., and this year he made reforms again and introduced the mid-season tournament, so during Xiao Hua's 10 years of tenure, many fans also called him "the king of ideas".
Xiao Hua's reform is mixed, but on the whole, it tends to be more profitable, and the ratings are **, especially in last year's year-end war, with an average of 2.85 million people**, and the ratings hit a record low, while the average All-Star in 2023 is only 4.6 million**, and the ratings hit a new low in nearly 20 years.
In addition, under Xiao Hua's reform, the viewing on the court has been greatly reduced, and the biggest change is the offense, from the physical confrontation in the Stern era to today's shooting competition, the excitement is getting worse and worse year by year, and scoring is getting easier and easier, and now it is not used to scoring 70 points in a game.
Under the leadership of Xiao Hua, the biggest change in the NBA is that everyone's pockets are getting bigger and bigger, from the NBA league to the team, to the coach to the players, and the salary has been crazy in the past few years.
Next, Xiao Hua will continue to "seek" for the welfare of the alliance.
The NBA's previous broadcast contract was nine years and $24 billion, which is about to expire, and the NBA is currently looking for a new nine-year, $75 billion broadcast contract.
Once the signing can be successful, then the player's salary will be a new scene, and the 300 million contract like Brown's will be flying all over the sky.
In addition, such as the expansion of 32 teams, the cancellation of the East and West Divisions, the formation of a situation of chaos and so on, it is understood that the expansion of 32 teams is underway.
Xiao Hua continues to be at the helm, what will become of the NBA in the future, let's see.