BusinessWorld
May 25, 2021 | 6:00 pm
GILAS PILIPINAS 3x3, bannered by Joshua Munzon, Alvin Pasaol, CJ Perez and Mo Tautuaa, is looking to nab one of three Olympic spots up for grabs in the five-day FIBA Olympic Qualifying Tournament in Austria which begins on May 26. SBP
THE day of reckoning has arrived for the Philippine national men’s 3×3 team as it begins its International Basketball Federation (FIBA) Olympic Qualifying Tournament (OQT) campaign in Graz, Austria, on Wednesday, May 26.
Gilas Pilipinas 3×3, bannered by Joshua Munzon, Alvin Pasaol, CJ Perez and Mo Tautuaa, is looking to nab one of three Olympic spots up for grabs in the five-day qualifiers and become the first basketball team from the Philippines to take part in the Summer Games in nearly five decades.
Louisville businessman investing in new NBA effort - Louisville Business First
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Gilas Pilipinas 3x3 ready for FIBA Olympic qualifier
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Specific terms of the investment in NBA Africa were not made available, but NBA commissioner Adam Silver said in a press conference Monday that the enterprise value for NBA Africa is worth nearly $1 billion.
Nigeria-based industrial group Yinka Folawiyo Group and Helios Fairfax Partners Corporation, an investment holding company that trades on the Toronto Stock Exchange under the ticker symbol HFPC, are investors in NBA Africa. Former NBA players Luol Deng and Joakim Noah are also investors.
Silver and NBA chief operating officer Mark Tatum will have NBA Africa board seats, joining Babatunde Folawiyo (CEO of Yinka Folawiyo) and Tope Lawani (co-CEO of Helios Fairfax). NBA Africa will be led by CEO Victor Williams.