Yao Foundation won’t benefit from Tux & Tennies gala after all
February 11th, 2009by John
The Chronicle reports that the league is cracking down on NBA player charities benefiting financially from team events. Supposedly events like this can be considered a little bit like financial compensation, making it more difficult for other teams to woo players away from the teams when they become free agents.
It’s a shame that earthquake victims in China won’t be able to benefit from the Rockets’ Tux & Tennies gala on February 18th because of questionable rules like this that keep the big picture out of perspective. But at least hurricane victims on the Gulf Coast still will benefit.