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2024 NBA Awards: Nikola Jokic, Rudy Gobert, Victor Wembanyama Highlight Winners

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NBA Africa Worth Nearly $1 Billion, Led By Hall Of Fame Players

NBA Africa Worth Nearly $1 Billion, Led By Hall Of Fame Players 05/24/21 AT 1:23 PM The NBA announced Monday that it has formed a business entity that will oversee its operations in Africa. Among the investors in NBA Africa are five former players, including Hall of Famers Dikembe Mutombo and Grant Hill. NBA Africa will be responsible for running the Basketball Africa League, which got underway on May 16. According to NBA Commissioner Adam Silver, NBA Africa has an enterprise value worth nearly $1 billion. “With the expertise, resources and shared vision, the immensely successful investors and NBA legends, we believe that basketball in Africa can become a top sport over the next decade,” Silver said in a virtual news conference.