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