“You will be curious about how Day One will run the team. I have seen a lot of how Day One runs the team while I have been with other clubs. There is no big difference. However, there is something Day One is trying for the first time. You may be curious about everything from one to ten, but if you watch I want to tell you that you will find out,”
said Huh Jae, co-president of Day One Sports, which acquired the Goyang Orion club, at a press conference on July 28 last year.
There was a lot of noise in the process of Day One Sports becoming a member of KBL, so there was a lot of interest in the first press conference. At the time, co-CEO Heo Jae made a joke, saying, “Today is a publicity event. If you do it wrong, it will be like a hearing,” creating a relatively soft atmosphere and then explaining the club’s position.
But he didn’t turn out the way he wanted. The Day One club was criticized for failing to pay the KBL subscription fee twice and experiencing all sorts of delays in payment, including the salary of the players.
The Day One team introduced a naming sponsor for the first time in the history of professional basketball. This is the ‘first attempt’ that co-CEO Heo Jae mentioned. However, Carrot Insurance, which served as a naming sponsor, canceled the contract midway without completing one season as the negative controversy continued.
The Day One club also had a corner to believe in. It has Daewoo Shipbuilding & Marine Engineering as its parent company. Chairman Kim Yong-bin was always interested in sports administration. However, as the parent company suffered financial difficulties, the plans of the Day One club were also twisted.
KBL held a board of directors and extraordinary general meeting on the morning of the 16th and decided to withdraw the Day One club. Membership was revoked.
Afterwards, Park No-ha, head of financial affairs for the Day One club, announced the official position, and the main point was that the bankruptcy of the parent company led to the club’s financial difficulties.
Representative Park No-ha said, “Day One Sports, which seemed to be cruising, started with the delayed payment of the first subscription fee, and around November, the parent company Daewoo Shipbuilding & Marine Engineering went bankrupt. With the withdrawal, financial difficulties began,” he said.
He added, “Since December, I have made various efforts to directly secure the operating expenses of the basketball team, but as a sales representative, not an owner representative, I began to feel the limitations, and I tried to find the best way for myself, but I continued to make difficult steps.”
“Daewoo Shipbuilding & Marine Engineering and Construction Chairman Kim Yong-bin, who owns 100% of Day One Sports, and I dreamed of running a professional basketball team in a new way, but in the end, after one season, we gave up that dream and admitted failure,” he resigned from his position as CEO of finance. said he would
Regarding co-CEO Heo Jae, who oversaw the sports division, he said that he volunteered for one season without pay even though he did not receive the promised salary.
He said, “Every time a negative issue with the basketball team occurred, because of my position as the owner, CEO Heo Jae received the criticism that I, the CEO in charge of finance, should have received instead.”안전놀이터
CEO Park Noh-ha expressed his apology to KBL and the club officials, and finally said, “Although I resign from the representative position, I will leave Day One Sports’ share structure and legal disputes to pay for the unpaid wages in the meantime, even if it takes some time. We promise to continue to do our best.”