Reborn in 2010, the AI in my mind is too powerful.
Chapter 276 Warrior's Handover
When the news reached China, it was morning Beijing time, and the NBA section of Hupu immediately went wild, even causing the servers to fluctuate.
Chen Yiran is a Chinese citizen, which led to a much larger discussion than when Tsai Chongxin bought the Nets, because Tsai Chongxin held a Canadian passport. Moreover, the NBA was already enjoying considerable popularity at that time; although Yao Ming had just retired, Kobe and James still had a strong following.
Chen Yiran occupied three spots on Weibo's trending topics list.
The top-ranked topic was Chen Yiran buying the Warriors. Clicking into the most popular post, it simply said: "From now on, the Warriors will be our favorite team," and it had nearly 200,000 likes.
The second popular comment was a joke, saying that the Rockets relied on Yao Ming to attract Chinese fans for ten years, but now the Warriors have taken over their home turf.
The third one is a joke, saying that the Warriors' style of shooting three-pointers all game is finally saved. If they really can't make the shots, they can have Mr. Chen bribe the other side.
Of course, after this, what people are most concerned about and curious about is Chen Yiran's net worth. Soon, 2012 will be over. Will Chen Yiran make progress on the new Forbes rich list, taking second place, or even surpassing Mexican telecommunications tycoon Carlos Slim, who has been the world's richest person for three consecutive years?
The most popular post on Zhihu that night was titled "How much money does Chen Yiran actually have?" The poster started by listing Aurora Group, then Apple shares, AMD shares, an F1 racing team, and now an NBA team.
Finally, he gave a very vague conclusion: regardless of how you look at it, even if the valuation of Aurora Group didn't increase, Chen Yiran's overall net worth should still surpass Bill Gates and take second place.
That evening, CCTV5's sports news aired a five-minute special, in which the host compared the trade to the Russian acquisition of the Nets a few years earlier, praising the Warriors to the extreme, saying things like the San Francisco market is better, the new arena is already in sight, and the team's young players are realizing their potential.
After all, this is the first NBA team in history to be majority-owned by Chinese citizens, and CCTV Sports gave it a lot of face, directly announcing that its future broadcasts would heavily favor the Warriors.
Meanwhile in New York, the NBA's approval process proceeded swiftly, essentially becoming a formality.
Chen Yiran simply provided Chase Bank's asset certificates and various tax documents in the United States as materials for financial review and background investigation.
There were no obstacles in these two steps, not because Chen Yiran's materials were particularly well prepared, but because there was simply nothing to check.
If someone's net worth reaches the top ten in the world, and they spend cash to buy a billion-dollar sports team, it's a bit ridiculous to investigate the source of their funds. Financial auditors jokingly say that this audit basically just checks the grammar of the other party's documents.
The background check revealed that Chen Yiran was far too young and had been building his business in the United States step by step, a very clear and meticulous process.
He even likes to work on Twitter, aiming for a transparent and boastful approach, letting the whole world know how powerful his company's technology is, and showing off any breakthroughs he makes on Twitter.
Moreover, this aspect actually relies heavily on external factors. The alliance is essentially waiting for someone to step forward and make political capital out of it.
When Russia's richest man acquired the Brooklyn Nets, it caused a stir in both the United States and Russia.
Some Russian politicians have expressed strong dissatisfaction with Prokhorov's massive investment in American sports teams, deeming it unpatriotic. They believe that Russia also has talented children, and that sports have not received sufficient development; they argue that Prokhorov should keep the money in Russia and distribute it among various government departments.
In the United States, this trade also attracted attention and criticism from politicians. U.S. Representative Bill Pasquale contacted NBA Commissioner David Stern directly, requesting the league to review the trade.
He argued that Prokhorov's business and personal background was unsuitable for owning a high-profile NBA team, and that given the Nets' new arena construction involved over $20 billion in taxpayer funding, Paskerrell believed it was problematic to allow a foreign company to control a majority stake in the project and the team.
However, when the news of Chen Yiran's acquisition came out, the reactions from both sides were quite interesting.
Chinese people are generally in a state of pride, emphasizing the importance of saving face. In the United States, both parties are very quiet, with no one stepping forward.
So the alliance didn't waste time on the review process, but directly stamping it seemed too frivolous, so they still dragged it out for a week to complete the process.
Next comes the vote at a special meeting of the NBA Board of Governors, which is composed of all the major owners of the NBA. NBA rules stipulate that if a team is to be transferred, at least three-quarters of the historical votes must be in favor.
This vote was highly formalized because being rejected would be too embarrassing. Usually, if the league felt there were problems with the prospective buyer, they would privately discourage them from joining the process. Only a few years later did the Clippers trigger the clause and be forcibly removed by the league.
Most of the time, this council is more like a channel for the alliance and the bosses to discuss interests.
Before the official vote, Stern sent a brief introduction of Chen Yiran to all team owners. It was unusually short, only half a page long, and conveyed the message that if you didn't know Chen Yiran, you shouldn't live.
These bosses certainly knew Chen Yiran, and they were very pleased with her joining them.
As young millionaires and internet celebrities, they are certain that the NBA will gain significant attention from this. Furthermore, the Warriors' sale price has directly boosted the valuation of NBA teams.
So in the first week of January, the 29 team owners hurriedly convened a formal vote. The New Orleans Hornets (now the Pelicans) were under the trusteeship of the NBA league and did not have voting rights.
As expected, it passed unanimously with 29 votes.
In just two weeks, Chen Yiran completed the transfer of Warriors shares and successfully acquired 85% of Warriors' shares.
The two-week transaction also broke the record for the shortest transaction, which Cuban successfully acquired the Mavericks in just one month.
Cuban gave a special interview to welcome Chen Yiran's joining the company.
Portland Trail Blazers owner and Microsoft co-founder Paul Allen also gave an interview, expressing his desire to have more exchanges with Chen Yiran and even to obtain some entrepreneurial guidance.
On the same day, Chen Yiran posted a photo of himself standing in the center of Oracle Arena on Twitter, with the caption: "I will definitely win the championship within 5 years. Believe in my credibility, I always succeed."
As expected, another round of flattery followed.
Having secured the Warriors' deal, Chen Yiran was originally planning to go to Los Angeles.
Disney is about to start voting, and Chen Yiran just wanted to go over there and show off by taking a picture at Disney headquarters and posting it on Twitter.
However, to everyone's surprise, Paul Allen's statement in the media that he hoped to receive some of his entrepreneurial guidance was not a joke.
He warmly invited Chen Yiran to visit his Stratospheric Launch Systems company in Huntsville, Alabama.
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