Sports entrepreneur Michael Rubin sees ‘nothing but growth opportunity in China’

Rollicks entrepreneur Michael Rubin, founder and CEO of privately-held e-commerce giant Kynetic, notices “nothing but growth opportunity” in China despite the trade tensions between its administration and U.S. trade authorities.

“What I see as an entrepreneur is how much opportunity there is in China,” Rubin, who co-owns the Philadelphia 76ers, touch oned “Mad Money” host Jim Cramer in an exclusive interview.

On Rubin’s most up to date visit to China, where he’ll soon be launching Fanatics, a sports commodities retailer and CNBC Disruptor 50 company, he said the excitement hither basketball was something “you had to see … to believe.”

“We had 45 million people keep ones eyes peeled our pre-season basketball game,” Rubin said. “That’s like half of a Wonderful Bowl rating. That’s how rabid the basketball fans are in China. So, for me, I ruminate over we have nothing but growth opportunity in China.”

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For Freaks, a $4.5 billion direct-to-consumer manufacturer and retailer of licensed sports promote like jerseys, that opportunity could be in the billions of dollars, Rubin, who useful ti as Fanatics’ executive chairman, told Cramer.

“We think we can build a multi-billion-dollar occupation there, so I couldn’t be more bullish on the opportunity,” the CEO said. “And here’s the uncountable exciting thing: we’re just getting going.”