Is Stern getting a little too stern?



I am worried about David Stern, the NBA commissioner. A week ago he celebrated doing business with a questionable Russian business mogul. This same Russian, Mikhail Prokhorov, was asked by the Russian leader, Vladimir Putin, to cut ties with the Russia basketball team CSKA Moscow. Figure that one out. He is deemed not suitable to own a team in the basketball bush leagues of Europe but he is good enough for the NBA?

For a company like the NBA that stresses family entertainment and doing good deeds "for the kids," selling an NBA owners' club membership to a guy like Prokhorov is puzzling. The league has also decided to institute fines for players who stand up excessively during a game. This one takes the prize. I had accepted the league's dress code rule. Several teams in several different team sports have formal dress codes.

But the latest edict from head office strikes me, and almost everyone I have spoken to, as excessively cranky. On the one hand, I can appreciate the situation faced by those who sit behind the team benches. The players are so freakishly big that they do make it hard to see the court if you happen to be sitting behind them. The question Stern should be asking is: why do some of his customers spend oodles of money to sit in the obstructed-viewing areas behind the benches?

The answer strikes me as obvious. These people could afford to sit in seats with better sight lines; however they choose to sit where they do to be close to the players. If they wanted a better view, they could buy different tickets. Last time I checked, there was no shortage of empty seats in NBA arenas. The NBA's decision seems like something out of a communist handbook on bureaucracy. The league creates one new rule after another. At what point will the NBA focus on more important issues such as the game itself?

Is this "no standing" rule just a way to detract attention from the fact that the NBA's referees are locked out? I now tend to regard Stern as a curmudgeon who sits in his office tower in New York City, micro-managing the league that he helped to build. Perhaps he needs a new hobby. As a fan of the game, I hope that Stern has the situation under control. He deserves all the credit in the world for developing the league into a first-class operation.

He has run the business with an iron fist for decades and is showing no signs of letting up. Perhaps this latest rule is just another way to remind his employees that he still runs the show. Another theory I have is that this is a "regressive tax" on the players. Every player will eventually stand up, stretch and cheer on his teammates. The players will inevitably get fined from time to time for one infraction or another. Could it be that Stern is now looking at non-traditional ways to generate income, a result of the ongoing financial crisis?

The one problem with the way Stern operates is that he is the king. From the sounds of it, he likes being king and, quite frankly, he has been very good as king. Monarchies do stand the test of time but dictators do not. Eventually, though, Stern is going to try to enforce some rule that will undermine his credibility. When that happens, he will be opening the door for a coup. @Email:gdole@thenational.ae

Company profile

Date started: Founded in May 2017 and operational since April 2018

Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.

Based: Cairo, Egypt

Sector: Health-tech

Size: 22 employees

Funding: Seed funding 

Investors: Flat6labs, 500 Falcons, three angel investors

COMPANY PROFILE

Name: Qureos
Based: UAE
Launch year: 2021
Number of employees: 33
Sector: Software and technology
Funding: $3 million

COMPANY PROFILE

Company name: Co Chocolat

Started: 2017

Founders: Iman and Luchie Suguitan

Based: Dubai, UAE

Industry: Food

Funding: $1 million-plus

Investors: Fahad bin Juma, self-funding, family and friends

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

The specs

Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

Torque: 600Nm at 2,500rpm

Transmission: Eight-speed auto

Kerb weight: 1580kg

Price: From Dh750k

On sale: via special order

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

Company Profile

Name: Neo Mobility
Started: February 2023
Co-founders: Abhishek Shah and Anish Garg
Based: Dubai
Industry: Logistics
Funding: $10 million
Investors: Delta Corp, Pyse Sustainability Fund, angel investors

Royal wedding inspired menu

Ginger, citrus and orange blossom iced tea

Avocado ranch dip with crudites

Cucumber, smoked salmon and cream cheese mini club sandwiches

Elderflower and lemon syllabub meringue

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

SANCTIONED
  • Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
  • Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB. 
  • Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.  
  • Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
  • Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes


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