New Basketball League Means New Options for American Imports
Is there a new opportunity for American basketball players overseas? The Financial Times reports that a new basketball league is in the works in England. The league ownership would likely consist of the deep-pocketed folks who already own soccer teams in the Premier League, which is the top soccer league. The league would reportedly be backed by former NBA officials.
What does this mean for American basketball players seeking jobs overseas? It's not clear yet, but it seems like there would be more opportunities. FIBA-certified basketball agents would be wise to keep an eye on this developing story to ensure that they are in position to place their clients with the new league when it tips off.
Why should agents pay attention? This quote says it all:
The $25m would enable BBA clubs to pay between five and 10 times the wages paid in the BBL and to market the game in the run-up to the 2012 Olympics.
As they want this league to be up and running before the 2010 Olympics, they would likely launch next season or sooner. This could cause a mass defection of imports to the new league, especially if the salaries are in fact as high as the newspaper reports.
If you're a professional basketball player looking to play ball overseas, please make sure your sports agent is aware of this new development.
For more information on this overseas basketball opportunity, contact Florida-based sports lawyer Jason Wolf.
