This week Yao is launching his own wine intended exclusively for the Chinese market. It’s a 2009 Cabernet Sauvignon produced in California’s Napa Valley. Checkout the video interview of Yao from the Wall Street Journal.
USA Today reports (via China Daily) the following:
“It comes in a magnum bottle – meaning it can hold 1.5 liters of wine – costs 3,800 yuan ($596) a pop and is extremely rare. None of the 1,200 bottles in existence will be sold on the open market.”
There is a discrepancy regarding the price. In the Marketwatch video, it’s reported that it will sell for $298 (U.S.), whereas the China Daily article reports the price is double. We’ll see.
Regardless, Yao’s Napa Valley wine company will make its debut Sunday night at an auction for Special Olympics East Asia.