Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Russian Investing in ... WNBA Stars?

'Crazy people to do some crazy things,' billionaire says of his lavish hoop jones

By Sam Gale Rosen,  Newser Staff

Posted Mar 26, 2008 12:45 PM CDT

(Newser) – Basketball-crazy Russian billionaire Shabtai von Kalmanovic is pouring money into women's hoops—flying WNBA players to Russia in the off-season and paying them 10 times what they make in the US. Players like Diana Taurasi are put up in luxury digs and chauffeured around. "They should be treated like people of art, like stars," Kalmanovic tells the Los Angeles Times.

Kalmanovic made his money constructing buildings in black sections of apartheid South Africa. He has been linked romantically to Liza Minnelli, the Times reports, and imprisoned in Israel for being a Soviet spy. Players getting the star treatment don't seem to care much about their employer's past, however. "I don't know those things to be true or not," says one.

Women's basketball team Spartak celebrate after winning 76-62 against Gaumbinus at the Euroleague Women's Final Four basketball match in Vidnoe, outside Moscow, April 1 2007.
Women's basketball team Spartak celebrate after winning 76-62 against Gaumbinus at the Euroleague Women's Final Four basketball match in Vidnoe, outside Moscow, April 1 2007.   (Getty Images)
Billionaire owner of the Russian women's basketball team, Spartak, Shabtai von Kalmanovic.
Billionaire owner of the Russian women's basketball team, Spartak, Shabtai von Kalmanovic.   (digitalheadbutt.wordpress.com)
Houston Comets' Tina Thompson, left, drives to the basket as Detroit Shock's Cheryl Ford, right, tries to defend during the first half of a WNBA basketball game Saturday, June 2, 2007, in Houston.
Houston Comets' Tina Thompson, left, drives to the basket as Detroit Shock's Cheryl Ford, right, tries to defend during the first half of a WNBA basketball game Saturday, June 2, 2007, in Houston.   (AP Photo/The Chronicle, Jessica Kourkounis)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Russian Sports, Concert Tycoon Gunned Down

Group of Seattle Women Buy WNBA's Storm

Candace Parker Can Go Pro

11 Reasons to Stop Hating the WNBA

Lieberman, 50, Returning to WNBA


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne