Friday, November 25, 2005

Sina Lions change team name to YMY

Sina Lions inked a major sponsorship deal with YMY ( ) and will change its name to YMY in the 2005-06 season.

Sina, which is owned by president Daniel Jiang personally, underwent a rebuilding process starting from last season, when it released most of its veterans and played through the season with a young squad. Word is Jiang had trouble investing more money on the team and had been looking for selling the team or securing sponsorships.

After reaching the SBL Finals in inaugural 2003-04 season, Sina stumbled to 3-27 last year. Adding Chien Jia-hong and Zuo Tsun-kai, both top high school players at their positions, YMY is looking for a better finish this season.

Sina staff will still be in charge of all basketball operations.