The former NBA All-Star agrees to three more years with his team owners to set up a company to produce and sell his line of athletic apparel and shoes.
Marbury deal with Chinese team includes apparel and shoes
BEIJING // Stephon Marbury, the former NBA All-Star, has agreed to three more years with a Chinese basketball team, whose owners will set up a company to produce and sell his line of athletic apparel and shoes, the team said yesterday. Marbury played 15 games last season with Shanxi Zhongyu of the Chinese Basketball Association. The point guard was a fan favourite in the city of Taiyuan, showing none of the defiant personality that had alienated management, teammates and fans in 13 seasons with the NBA.
Marbury, 33, will play two more years and may be asked to become an assistant coach in the third, Shanxi said on their website. His salary will be the same as last season, which was never publicly announced but Wang Xingjiang, the team owner, had said he offered Marbury US$100,000 (Dh367,000) to play half a season in China. As part of the deal, the ownership of Shanxi Zhongyu will create a company to produce and sell apparel and shoes from the point guard's "Starbury" brand. The company will also open three Starbury shops, though details have not been decided, the team said.
Elsewhere, Jeremy Tyler, the former US high school basketball star, has signed a contract with the Tokyo Apache of Japan's professional basketball league. Tyler, 19, will play for Bob Hill, a former NBA coach who was hired by the team last month. Tyler was the first American-born player to leave high school early to play professionally overseas when he signed a one-year contract with the Israeli team Maccabi Haifa.
The Orlando Magic, hoping to return to the NBA Finals for the second time in three seasons, gave coach Stan Van Gundy a contract extension that will keep him with the team through the 2012/13 season. Van Gundy led the Magic to the Eastern Conference finals last season where they lost to the Boston Celtics in six games. * AP