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'Starbury' strikes wonder deal with Shanxi
Source: Agencies |
July 30, 2010, Friday
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Print Edition
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FORMER NBA All-Star Stephon Marbury has agreed to three more years with a Chinese team, whose owners will set up a company to produce and sell his line of athletic apparel and shoes.
Stephon Marbury played 15 games last season with Shanxi Zhongyu of the Chinese Basketball Association. The point guard was a fan favorite in Taiyuan City, capital of Shanxi Province, showing none of the defiant personality that had alienated management, teammates and fans in the United States.
Marbury, 33, will play two more years and may be asked to become an assistant coach in the third, Shanxi said on its Website. His salary will be the same as last season, which was never publicly announced but team owner Wang Xingjiang had said he offered Marbury US$100,000 to play half a season in China.
As part of the deal, the ownership of Shanxi Zhongyu will create a company to produce and sell apparel and shoes from the point guard's "Starbury" brand.
The company will also open three Starbury shops, though details have not been decided, the team said.
Marbury has not yet signed the contract but will do so before the new season, the announcement said. He has returned to the US and the rest of the Shanxi team will also travel there for training.
The New York native was the highest-profile NBA player to join China's professional basketball league but not the first.
Stephon Marbury played 15 games last season with Shanxi Zhongyu of the Chinese Basketball Association. The point guard was a fan favorite in Taiyuan City, capital of Shanxi Province, showing none of the defiant personality that had alienated management, teammates and fans in the United States.
Marbury, 33, will play two more years and may be asked to become an assistant coach in the third, Shanxi said on its Website. His salary will be the same as last season, which was never publicly announced but team owner Wang Xingjiang had said he offered Marbury US$100,000 to play half a season in China.
As part of the deal, the ownership of Shanxi Zhongyu will create a company to produce and sell apparel and shoes from the point guard's "Starbury" brand.
The company will also open three Starbury shops, though details have not been decided, the team said.
Marbury has not yet signed the contract but will do so before the new season, the announcement said. He has returned to the US and the rest of the Shanxi team will also travel there for training.
The New York native was the highest-profile NBA player to join China's professional basketball league but not the first.
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