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On August 1, Beijing time, Alibaba Group Chairman Cai Chongxin, owner of the NBA Nets and WNBA Liberals, and his wife Wu Minghua announced the end of their nearly 30-year marriage. The business empire and team shares remained unchanged. Cai Chongxin will continue as the chairman of Brooklyn Sports and Entertainment, and Wu Minghua will continue as vice president. Cai Chongxin will still be the chairman of the Brooklyn Nets, and Wu Minghua will still be the chairman of the New York Liberals. They will continue to own and manage the team and will continue to be run by a dedicated team.

Zhitongcaijing·08/01/2026 00:41:00
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On August 1, Beijing time, Alibaba Group Chairman Cai Chongxin, owner of the NBA Nets and WNBA Liberals, and his wife Wu Minghua announced the end of their nearly 30-year marriage. The business empire and team shares remained unchanged. Cai Chongxin will continue as the chairman of Brooklyn Sports and Entertainment, and Wu Minghua will continue as vice president. Cai Chongxin will still be the chairman of the Brooklyn Nets, and Wu Minghua will still be the chairman of the New York Liberals. They will continue to own and manage the team and will continue to be run by a dedicated team.