![www.espn.ph](/proxy.php?image=https%3A%2F%2Fa1.espncdn.com%2Fcombiner%2Fi%3Fimg%3D%252Fphoto%252F2025%252F0208%252Fr1449013_1296x729_16%252D9.jpg&hash=d67d979c3bdfbb00fc0887df32f9c3cd&return_error=1)
PIF backing proposed $5bn basketball league
The proposed new basketball league hopes to give top players an alternative to the NBA.
We are living in the era of billionaire hobbyists. When the money you have is unlimited and you have no need or intention to make a profit, you can really disrupt things. Boosters paying college athletes is an example of this on a much smaller scale.
Few details have been released about this new basketball league. It sounds like there won't be any "home teams" and teams will rotate between Macau, Singapore, Riyadh, and some European cities. That part of it is stupid.