I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 131 Earn 300 billion in sponsorship fees and pay off all debts of Sihai Sports
Yang Chen already has a clear understanding of the strength of the Sihai basketball team, so he doesn't need to go to the scene to watch the game between the Sihai team and the Suns team. He also needs to worry about the group's other businesses.

Yang Chen was reading a document when Guo Yi, the president of Sihai Entertainment, came to his office excitedly.

“Director Yang, good news! The box office of ‘Dying to Survive’ has exploded. Including the box office from the previous previews, it has grossed 5 million in three days. According to this trend, 20 billion is a no-brainer.” Guo Yi said excitedly, and handed the data report to Yang Chen for review.

Yang Chen smiled and took a look at the data report, then said: "It's within my expectations, there are no surprises."

Guo Yi said, "It's not a big surprise for Mr. Yang, but it's a big surprise for me. I've been in this industry for more than 20 years, and I've been the president of Sihai Entertainment for almost 10 years. I finally have some achievements to show for myself. The sense of accomplishment in my heart cannot be described in words."

Yang Chen smiled and said: "You will have a lot of achievements to show for yourself in the future. Our company will also invest in "Ten Miles of Peach Blossoms" and "Traveling with the Phoenix" that Si Teng Network is going to develop. You can communicate with Si Teng Network."

Guo Yi quickly said: "Okay, I'll follow up. Then I'll go, you're busy."

Yang Chen nodded, and Guo Yi turned and left.

At half past eleven, the game between the Sihai team and the Sun team ended.

The two sides staged a scoring battle.

Kevin Durant scored 55 points and Devin Booker scored 50 points. The game went into two overtimes and the Suns eventually lost 152-155. Durant missed the last three-pointer to tie the game.

The Sihai team had a total of 7 players on the court, all of whom scored more than 20 points. Their performance was very balanced, which is also the strength of the Sihai team.

As soon as the game ended, Silver and the owners of various clubs all looked livid.

Yao Daming was there, so Xiao Hua naturally had to go up and say hello to him. After all, whether the NBA can survive in the Dragon Country depends on Yao Daming's opinion.

Yao Daming’s smile has become his emoticon on the Internet, and it can be seen that he is really happy.

"Yao, long time no see." Xiao Hua said with a smile.

Yao Daming laughed loudly, walked up to Xiao Hua and hugged him, then said: "Mr. Xiao Hua, long time no see. How is the current basketball level of our Long Country? Haha..."

Xiao Hua smiled awkwardly and replied: "I really envy that your country has produced a genius like Mr. Yang. He is simply God incarnate. I don't know how to face the fans and reporters now. It's really embarrassing."

Yao Daming laughed and patted Xiao Hua on the shoulder to comfort him, "Victory and defeat are common in the military. It doesn't matter if they lose now. Tell them to go back and practice hard, and they can win again in the future."

Xiao Hua sighed helplessly and said nothing.

At this time, reporters rushed forward and surrounded the two of them.

"Mr. Silver, the NBA has lost three games in a row. What do you think about this?"

"Before, you NBA looked down on the Sihai team because it was just an amateur team that had just been formed, and were unwilling to send your team to play against the Sihai team. Now that your three strong teams have been defeated by the Sihai team, do you feel embarrassed for your previous arrogance?"

"Will the NBA continue to send teams to play against the Sihai team? If they continue to lose, or even all 24 teams lose, have you thought about how to explain it to the fans and sponsors?"

……

The reporters' questions were sharper than each other, but this is the habit of reporters. They always like to ask tricky and demanding questions so that they can get traffic.

Silver was very angry. He was angry at the Clippers, Bucks, and Suns for losing to the Big Six team in a row. He was also angry at the reporters for asking questions without giving him any face.

However, no matter how angry he was, he still had to maintain his usual gentlemanly demeanor when facing interviews from reporters.

"Hehehe... the Sihai team is indeed a very strong opponent. We were not well prepared this time and played a very ugly game. I would like to apologize to the fans. Mr. Yang only wants three teams to play against the Sihai team. Whether they will continue in the future depends on his arrangements." Xiao Hua said with a smile.

Reporters asked Yao Daming questions.

"Dayao, how are you feeling now?"

"Dayao, have you ever thought about referring to the experience of football and making the Sihai team a national team?"

"The LBA will start soon. Have you ever thought about letting the Sihai team join the LBA?"

……

Yao Daming said happily, "I am more excited now than when my daughter was born. I had given up hope but suddenly I am alive again. I think this Sihai team can compete for the world championship. Whether or not to make Sihai team a national team depends on the situation. If there is any news in this regard, the Basketball Association will announce it as soon as possible. I really want to meet with Chairman Yang now, and I hope there will be good news for everyone."

Durant and Booker next to them were also being interviewed by reporters.

"Kevin, do you have any suggestions for this Sihai team?"

Durant said with a straight face, "They have scored more than 150 points. What advice can I give? Devin and I used up all our ammunition, but we still couldn't beat them. I think they should give us some advice."

"Devin, what about you? Do you have anything to say now? Why did you and Kevin play so well, but still lose in the end?"

Devin Booker was silent for a few seconds, then replied: "I also want to know why Kevin and I played so well, but we still lost in the end. Their tactics were so simple, but they were effective. They had 7 players in the game, and everyone scored more than 20 points. I am really curious about how Mr. Yang trained them. I also want to learn from him. It's really weird. We, the professional basketball team, were beaten game after game by an amateur team trained by an investor. Who can we complain to?"

It seems that if this continues, the mentality of these NBA stars will collapse.

in the afternoon.

Yao Daming came to Sihai Group and met Yang Chen.

"Mr. Yang, I won't waste your precious time. I'll get straight to the point. I want the Sihai team to join the LBA and become a national team. I hope Mr. Yang can help me." Yao Daming said.

If you want to form a team, you must play in a professional league, otherwise how can you make money?
Since he has set up a basketball team, he naturally wants to pursue the world championship. This is Yang Chen's consistent pursuit. If he wants to do it, he must do it to the best of his ability.

However, Yang Chen has always been the one who takes advantage whenever he can and gets as much benefit as he can. It's not impossible for the Sihai team to join the LBA and become a national team, but he has to give them benefits.

Yang Chen replied: "Si Hai team can beat NBA teams, so it's meaningless to play LBA. Anyway, the NBA has been subdued by me. I asked them to send teams to play friendly matches with Si Hai team every now and then, and Xiao Hua would definitely not dare to refuse. Playing NBA teams is interesting, playing LBA is not interesting. As for Si Hai team becoming a national team, forget it. I have offended many people in football, and I don't want to offend people in basketball. Moreover, if Si Hai team plays LBA, there will be many sponsors and broadcasters following. Not to mention playing house with those chicken teams, but also sending them a lot of money. What do you think I want?"

Yao Daming felt that there was nothing wrong with what Yang Chen said. The Sihai team playing in LBA was simply like adults taking kindergarten kids to play. Not only was it a waste of time to play with them, but they also gave them a lot of share. Not to mention that there was no benefit to the Sihai team, they even had to give benefits away.

What Yao Daming is interested in is that the Sihai team can improve the brand value and ratings of LBA, as well as increase sponsorship fees.

Then give some profit to Yang Chen?
Yao Daming immediately said, "Mr. Yang is right. It is indeed very difficult for you. I will not talk about the big principles. I don't want to blackmail Mr. Yang morally. Let's be realistic. From now on, the Sihai team will get 3% of the LBA broadcast and sponsorship fees. Every year, the league will distribute dividends and grants to each club. The Sihai team will still get 3%, and the rest will be divided equally among the other teams. Mr. Yang, do you think this plan is okay?"

Yang Chen stretched out a hand and said, “At least 5%!”

Yao Daming considered it for a while, nodded and said, "Okay! 5% is 5%! We have reached a verbal agreement for the time being. I will go back and call a meeting with the owners of various clubs to discuss. Director Yang, wait for my news!"

Yang Chen smiled and nodded, Yao Daming stood up and left.

For Yao Daming, his only wish now is that the Dragon Country basketball team can win the world championship during his term. As long as this wish can be realized, any conditions can be negotiated.

Not long after, Silver brought the NBA bosses to see Yang Chen.

Yang Chen met them in the conference room.

"Mr. Yang, the game between the three NBA teams and the Sihai team that you requested has now been completed. Do you want to continue the game?" Xiao Hua asked.

Yang Chen smiled and said, "You decide. It's all fine on our side."

Silver and the bosses just want to win one game, otherwise it would be too embarrassing.

Silver immediately said, "We want to arrange for the Warriors, Celtics, and Lakers to play three more games against the Sihai team. It's still the same old rules. We will bear all the expenses ourselves, and all the income will go to Sihai Sports. Do you think it's okay?"

Yang Chen smiled and said, "Of course. The Sihai team can accept the challenge of the NBA team at any time!"

The situation has turned against Tian Gang. Now it is the turn of the NBA team to find ways to play against the Sihai team.

Xiao Hua quickly said: "Okay! Then let's make the official announcement now. They will all arrive the day after tomorrow, and we can start the battle the day after tomorrow."

Yang Chen nodded and immediately called Chen Yulong, the president of Sihai Sports, to discuss the next three games with Xiao Hua.

In the evening, Sihai Sports and NBA jointly issued an announcement.

"After friendly negotiations, the NBA decided to send the Warriors, Celtics, and Lakers to play a friendly match with the Sihai team respectively. The time is set for October 10th, and the venue is still the Sihai Center Arena, with one game each at 7 a.m., 10 p.m., and 15 p.m. You can now log in to the Sihai Sports official website and WeChat applet, as well as major ticketing websites to purchase tickets."

When this announcement was made, the fans of Dragon Country were delighted.

"Haha... The NBA is so angry about losing that they have to win a game before they'll stop."

"With the Sihai Ice Spring, the Sihai Team is truly invincible. Playing two games a day is no longer enough for them, and now they have to play three games a day."

"Before, the NBA acted superior and looked down on the Sihai team, and now they are looking for revenge after losing so badly. It's really funny."...

The news soon spread to the Internet, and foreign netizens were shocked again.

South Korean netizen Jin Zaixix: Is the Bald Eagle family really good? They were abused in the investment field, and now they are also being abused in the basketball field. Your traditional absolute advantage fields have been occupied by Yang Chen one after another. It is unacceptable for an NBA team to lose three games in a row. Did they let the game go?

Taro Aoi, a netizen from Sakura Country: According to the video of the game, the three teams did not let the opponent win, especially the Suns, who had to fight for two overtimes before losing the game. How could they let the opponent win? If they really let the opponent win, why would the Lakers, Celtics, and Warriors, who didn't make it to the game in the first place, go there to play again? Obviously, the NBA wants these three teams to beat the Four Seas team, so that they can regain some face.

Bald Eagle netizen Jimmy: Damn Yang Chen is targeting the field where our family has an absolute advantage, right? He broke the Wall Street investment myth, and now he wants to break the basketball myth. Is there really no one who can stop him from destroying the existing world order?

Muhammad, a netizen from the Kingdom of Sand: Well done, Dragon people, well done, Yang Chen. I am going to sponsor Dragon's professional league, and I hope they can accept our players to play in the game. As long as they agree, money is not a problem.

Filipino netizen Jakus: The best players in the NBA haven't made their move yet. I believe Curry, James, Tatum and others can definitely defeat the Four Seas team. The Four Seas team can't always win by luck.

……

At this time, foreign brands and broadcasters noticed the strong rise of the Sihai team.

TNT announced that if the Sihai team joined the LBA league, they would send a team to Longguo to negotiate with the LBA league about broadcasting the Sihai team's games.

TNT's old rival and partner ESPN also followed up and released the same news. It depends on whether the Sihai team will join the LBA league to play the game.

To put it bluntly, these two broadcasters are just paying protection fees to Yang Chen, hoping that spending a small amount of money every year can ensure that Yang Chen will not short the parent company's stock.

In addition, McDonald's, KFC, Under Armour, Converse, Arc'teryx...

A large number of foreign brands have noticed the Sihai basketball team. They missed the Sihai football team and watched their competitors gain huge traffic and sales by sponsoring the Sihai football team. These brands are determined to reach a cooperation agreement with the Sihai basketball team.

Basketball associations of all European countries held emergency meetings.

For example, German Basketball Association President Andrews is holding a meeting with his subordinates and domestic club owners.

"I believe everyone has watched the game between the Longguo Sihai team and the NBA team. It is no exaggeration to say that I was standing the whole time watching the wonderful scenes of these three games. The physical fitness of the Bald Eagle players is an advantage. They can fly and do everything. Every time we play against them, we are helpless against them. But the Longguo Sihai team provided us with a way to defeat the Bald Eagle basketball team. I think we can send a team to Longguo to learn from them, if we use technology to make up for the gap in physical fitness." Andrews said.

Owners of various basketball clubs expressed their opinions one after another.

"I think it's feasible! Our players' physical fitness is not as good as the black people in Bald Eagle Country, so we should not copy their basketball philosophy. The physical fitness of the Dragon Country people is worse than ours, so we should learn from their successful experience."

"In the past, the Dragon National Team often came to Europe to challenge us. They can learn from us with an open mind, and we can also learn from them with an open mind. There is nothing to be embarrassed about. As long as we can become stronger, everything is worth it."

"I think we can also challenge the Sihai Team to a duel. Only by playing against them in person can we feel their strengths and our weaknesses."

……

President Andrews nodded and said, "How about this, I'll talk to Dirk Nowitzki and ask him to go to Longguo to find Yao Daming on our behalf and contact the Sihai team through Yao Daming's introduction."

The bosses nodded one after another, agreeing with Andrews' plan.

The French Basketball Association next door also reached a consensus, with Tony Parker leading the team to Longguo to learn techniques and tactics from the Sihai team.

In addition to actions taken by national basketball associations, European broadcasters have also taken action.

For example, the three broadcasters, namely, Maidibo, Baiyin Sports and Sky Sports, which have signed contracts with Sihai Sports and Longchao League to broadcast the games of Sihai team and Longchao, now want to win the European broadcasting rights of the joint cooperation between Sihai Basketball Team and LBA.

European fans will definitely be interested in a team that can consistently beat NBA teams with simple shooting and other tactics without any flashy moves such as dunks.

Another beautiful day began, and Yang Chen came to work very diligently by helicopter.

Chen Yulong, the president of Sihai Sports, came to see Yang Chen with a work report.

"Director Yang, these are the sponsorship contracts that were just signed. This one is for the football team, and this one is for the basketball team. Please take a look."

Yang Chen smiled and nodded, then took it and took a look.

The second batch of cooperation brands of Sihai Football Team include Longwei mobile phone, Dami mobile phone, Clear shampoo, Longguo Life Insurance, Pepsi and many other big brands.

A total of 38 brands were signed in this wave, with a total annual income of 105.8 billion in sponsorship fees and 19 billion in community promotion fees.

The Sihai Basketball Team has signed contracts with a total of 72 brands, with a total annual income of 196.5 billion in sponsorship fees and 36 billion in community promotion fees.

The cooperation period for all brands is between 10 and 12 years, which means that Sihai Sports will receive tens of billions of sponsorship fees every year in the next 10 years.

Yang Chen nodded very satisfied, and said: "Well done. The community promotion fee will be allocated to Sihai Property, remember to issue an announcement. Then, all the debts of Sihai Sports will be cleared, and an announcement will be issued after it is cleared."

Chen Yulong smiled and said, "Okay. I'll do it right away."

Not long after, Sihai Sports and the newly signed brand jointly issued an announcement.

"After friendly negotiations, Sihai Sports and Longwei Group reached a cooperation agreement. Longwei Group pays Sihai Sports 2.3 million sponsorship fees and 5000 million community promotion fees each year. The Sihai football team will endorse Longwei's pura70 series of mobile phones. Longwei Group pays Sihai Sports 2 million sponsorship fees and 5000 million community promotion fees each year. The Sihai basketball team will endorse Longwei's mate70 series of mobile phones. The above cooperation periods are all 10 years."

"After friendly negotiations, Sihai Sports and Longguo Life Insurance reached a cooperation agreement. Longguo Life Insurance will pay Sihai Sports 2.5 million yuan in sponsorship fees and 5000 million yuan in community promotion fees each year. The Sihai basketball team will endorse Longguo Life Insurance, and all staff of the basketball club will only purchase Longguo Life Insurance."

"After friendly negotiations, Sihai Sports and Dragon China Eastern Airlines reached a cooperation agreement. Eastern Airlines pays Sihai Sports 2.5 million yuan in sponsorship fees and 5000 million yuan in community promotion fees each year. Sihai Sports football team will endorse Eastern Airlines and will only choose Eastern Airlines for travel in the future."

……

After Sihai Sports issued more than 100 brand cooperation announcements in one go, it also jointly issued an announcement with Sihai Real Estate and Sihai Property.

"After friendly negotiations, Sihai Sports will pay Sihai Property 55 billion yuan in community promotion fees, which will be used for promotion services provided by Sihai Sports' partner brands in 1000 communities developed by Sihai Real Estate. The actual advertising fees generated in each community will be deducted from necessary costs, and the remaining portion will be equally divided among each homeowner."

Then, Sihai Sports issued a separate announcement.

"According to the instructions of Mr. Yang Chen, the chairman of the group, Sihai Sports will repay all debts. All creditors of Sihai Sports are requested to come to the company to verify the debt information immediately. After verification, the debt will be paid within three working days."

This series of announcements from Sihai Sports quickly set the Internet on fire.

In particular, the 55 billion yuan community promotion fee directly topped the hot search list on major online platforms.

"Oh my god, are these brands crazy? They are willing to spend 5000 million yuan a year on community promotion?"

"Boss Yang is really willing to spend this much. If it were any other company, the 55 billion yuan promotion fee would definitely not be distributed to the owners."

"Longwei Group is too extravagant. They hired Sihai Football Team as their spokesperson for 3 million yuan a year, and hired Sihai Basketball Team as their spokesperson for 2.5 million yuan a year. It seems that Longwei's P series and M series are really making money."

"Damn it! I just discovered a secret. Boss Yang doesn't really want to improve Longguo Sports. He wants to make money by improving sports. The sponsorship fees earned by the football and basketball divisions are enough to repay all the debts of Sihai Sports. All the money earned every year in the future will be net profit. Now I understand why those investors have raised the valuation of Sihai Sports to an exaggerated 9000 billion. Capital may be conscienceless, but it is definitely profit-driven."

……

Jiangcheng Municipal Government.

Wang Wenkang excitedly came to the office of Mayor Huang Zhenhua.

"Mayor Huang, take a look at the announcement from Sihai Sports. They have signed more than a hundred brands in the past few days, and can earn 300 billion in sponsorship fees every year. They also issued an announcement to notify creditors to come and verify the debts, and repay them within 3 working days after the calculation is correct. It has only been a few months, and Yang Chen has settled Sihai Sports' debts. Haha..." Wang Wenkang said excitedly.

Huang Zhenhua quickly looked at the announcement issued by Sihai Sports, and after reading it, he laughed happily.

"Haha... That's great, that's great, everyone is saved. His operation is indeed effective. Saving the business of a subsidiary can also solve the debt of a subsidiary. Sihai Sports is completely recovered, and other subsidiaries will surely get better as well. Is he free in the evening? I'll call him and ask him to have dinner together." Huang Zhenhua said with a smile.

Wang Wenkang immediately replied: "I'm free!"

Huang Zhenhua nodded and immediately called Yang Chen.

"Hey, Mr. Yang, congratulations, congratulations, Sihai Sports is finally back on track. Let's have dinner together tonight, me, Wenkang, and you, just the three of us." Huang Zhenhua said with a smile.

Yang Chen smiled and replied, "Thank you Mayor Huang for your blessing. However, I am not free tonight. Zhou Xingxing came over just now and asked me to have dinner with him to discuss filming a movie about football. I promised him, so I can't go to dinner with you guys."

Huang Zhenhua immediately said, "It's okay, it's okay, work is more important. Is it the Hong Kong movie star Zhou Xingxing?"

Yang Chen smiled and replied: "Yes, it's him!"

Huang Zhenhua said with a smile: "Haha... It seems that Sihai Group has flourished in many aspects under the management of Mr. Yang. You guys are busy, we will have dinner together another day when we have time. I think Mr. Yang and Zhou Xingxing will definitely be able to make a movie that is both well-received and popular. I look forward to the day when the movie is released, and I will definitely bring my family to the cinema to support you."

(End of this chapter)