Australian NBL pumps breaks on report LaMelo Ball has bought a team

LaMelo Ball
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It was a stunning headline, especially considering LaMelo Ball is just 18:

He bought a team in the Australian National Basketball League, specifically the Illawarra Hawks, the team he played for some last season. It’s an insane story.

And it’s not quite true. At least not yet. The NBL released a statement that pumped the breaks on the idea of a sale to Ball and his manager, Jermaine Jackson. Part of the statement reads:

“The league can confirm LaMelo Ball and his management had discussions about being involved with the club while he was playing in the NBL last season. At this point we are continuing to work with current licence holder Simon Stratford on a number of options for what we hope will be a fruitful outcome for Illawarra and the NBL.

The NBL has final approval on any transfer of licence and no application has been made to date. The NBL has no further comment at this stage.

Did LaMelo and his manager jump the gun? Or, is this a negotiating ploy by the NBL and Stratford to get more money by jacking up the price on a sale?

Those two follow a host of other questions, including what percentage of the team would Ball and his manager own? What would their involvement be?

Ineligible for college stateside, Ball chose to play in Australia under the NBL’s Next Stars program. It worked, he’s projected to be a top-five, maybe top-three pick. He left the NBL after suffering a season-ending foot injury, although that came under a cloud of criticism from Hawks owner Stratford.

The ultimate revenge would be to buy the team, if that is actually happening.