The league hopes to lure top players from around the world, especially Europe, and give them an alternative to the NBA.
Singapore has been named as one of the host cities for the proposed new basketball league to give top players an alternative to the NBA.
Then Chih Wey/Xinhua via Getty Images"When it comes to global basketball, the opportunity is massive," Deeter said in a statement to the media.
Quiet Capital founder Lee Linden said they hoped to deliver a global league to two billion fans.
Kevin Kelley, the chief operations officer at Galaxy Entertainment Group, said "high-level basketball" in Macau would make the region a premier destination for tourism.

PIF backing proposed $5 billion basketball league