Music mogul to create professional league to rival D-League

Steve Rifkind is starting an American-based basketball league called the American Basketball League.

Rifkind is the founder and chairman of Loud Records, as well as the CEO of SRC Records. Rifkind has worked with many hip hop musicians and also has worked on many marketing campaigns.

An inaugural 24-game, 12-team season will begin in January of 2013.

It will challenge the NBA’s D-League by paying as much as $3,000 per month and serve as an overseas player feeder.

The league will be based in Miami, San Antonio, San Marcos, Sugarland, College Station, Ft Lauderdale, West Palm Beach, Fort Walton Beach, Sebring and Corpus Christi.

The league will use FIBA rules.

6 Comments

  1. SRN on September 5, 2012 at 12:26

    Sugarland??

  2. Paul Hooks on September 5, 2012 at 10:32

    Great project. USA needs a good league besides NBA and NBDL. I love the cities mentioned. Will cheer for Miami and Fort Lauderdale.

  3. Jellybean Bryant on September 4, 2012 at 17:20

    really interesting…big competition for d-league

  4. Jayman on September 4, 2012 at 11:58

    Very interesting initiative itself; look forward what the outcome will be at start.

  5. will on September 4, 2012 at 10:32

    I’m already curious to see how the US rookies will react. ABL or D-League?
    Basically this league pay 2 times more than the D-league lowest salaries.

  6. Frank the tank on September 4, 2012 at 10:24

    FiIBA rules. Thats what we need

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