No Sharks for Yao Ming

Oh no, it looks like Yao Ming hasn’t bought the Shanghai Sharks after all. Instead, all they’ve signed on to be is an “entrusted investor” for the next five years. Despite agreeing in July to transfer stakes in the Sharks to Yao, it seems that those stakes will now be sold on the open market. But those who worry that this just means even more disappointments for Sharks fans needn’t: Yao has said that even though he’s not the owner, he’ll be doing everything he can to improve the team’s performance.