Brian Windhorst and a team of ESPN Insiders sort out life and the news from in and around the NBA world.
NBA owners quietly made a move last month that has potentially big ramifications.
A few weeks ago, the Board of Governors approved a rule change that allows sovereign wealth funds to buy stakes in teams in addition to other institutional funds, such as endowments and pension funds, a change first reported by Sportico and confirmed by ESPN.
This opens a door for something not seen in American sports: an arm of a foreign government buying into a league.