New Basketball League Will Debut in Atlanta, Plans to Pay 16-to 18-Year-Old Players $100,000 Salary

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Whereas the Nationwide Collegiate Athletic Affiliation (NCAA) is making an attempt to keep away from compensating its student-athletes, significantly basketball gamers who usher in billions of {dollars} for the universities with their athletic prowess, there’s a firm planning to pay their gamers for his or her pure abilities. That very same firm has additionally chosen a metropolis the place they are going to name dwelling for this upcoming season.

Additional time Elite (OTE), a transformative new sports activities league that gives the world’s most gifted younger basketball gamers a greater pathway to turning into skilled athletes, has introduced that Atlanta would be the dwelling for its league. After conducting a year-long search, league officers had visited and studied eight cities throughout the US earlier than making their determination.

“If we may assemble a metropolis that will be the proper dwelling for Additional time Elite, it could look identical to Atlanta,” stated Additional time Elite commissioner and president Aaron Ryan in a written assertion. “Town’s storied basketball historical past, numerous inhabitants, vibrant enterprise group, and wealthy tradition make Atlanta a particular place. OTE is trying ahead to being an lively contributor to the group.”

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Additional time Elite provides a year-round improvement program that implements teaching, cutting-edge sports activities science and efficiency applied sciences, top-notch services, and a rigorous, personalised educational program. This program enhances every athlete’s journey from proficiency to professional for the following technology of athlete empowerment. The gamers that take part will contain the highest highschool juniors and seniors globally. However, in contrast to NCAA student-athletes, the gamers will obtain a assured minimal wage of at the very least $100,000 per 12 months, plus bonuses and shares of fairness in Additional time. Gamers may also be capable to earn income from the usage of their identify, picture, and likeness by gross sales of customized jerseys, buying and selling playing cards, video video games, NFTs, and extra.

“This thrilling announcement underscores that Atlanta remains to be an amazing place to do enterprise. Additional time Elite will carry a number of well-paying jobs to our metropolis, generate hundreds of thousands of {dollars} in financial influence and broaden mentorship and programming alternatives for our younger individuals,” stated Atlanta Mayor Keisha Lance Bottoms. “We’re happy that Additional time Elite has chosen Atlanta to be its everlasting dwelling, and we look ahead to welcoming the following technology of basketball stars to our metropolis.”

Earlier than the league begins in September, planning is underway for the development of a brand-new 103,000-square-foot facility in Atlanta’s Atlantic Station neighborhood. The athletes will practice, research and compete within the forthcoming venue. This undertaking will create as much as 400 building jobs in metro Atlanta, at the very least 30 % of which can be numerous and other people of shade.

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