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Sorry, Saudis! NBA commissioner Adam Silver defends restrictions on sovereign wealth funds... but stops short of ruling out foreign countries buying league teams in the future

Related Topics: Adam Silver, NBA

The NBA wants teams to be owned by individuals rather than sovereign wealth funds, but NBA commissioner Adam Silver stopped short of ruling out that possibility when speaking at the Associated Press Sports Editors convention on Monday.

'I don't want to say what could ever happen, but there's no contemplation right now,' Silver said. 'I mean, it's very important to us, putting aside sovereign wealth funds, that individuals are in a position to control our teams, be responsible to the fans, be responsible to their partners and to the players.

'It's very important to us that there be a person [in charge], and this is independent of sovereign wealth funds.