Chinese investors want to cash in on the country's NBA fever with a bid to buy a 15 percent stake in the Cleveland Cavaliers.
Chinese-born businessman Kenny Huang is heading the deal, estimated to be worth more than $70 million.
Huang has masterminded previous sports deals, including introducing Mandarin advertisements in the Houston Toyota Center, home of Rockets and Chinese basketball star Yao Ming.
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All About Business • China • National Basketball Association • Cleveland Cavaliers • Yao Ming • Shaquille O'Neal