Report: LaMelo Ball buys his Australian team
LaMelo Ball signed in Australia under the National Basketball League’s Next Stars program and built himself into a high-end draft pick. But he suffered a season-ending foot injury then left his team under criticism from Illawarra Hawks owner Simon Stratford.
What a powerful rebuttal.Jonathan Givony of ESPN:
“When Melo wants to do stuff in the summertime, we’ll be there,” Jackson said. “We’ll take a tour with his family all over Australia, doing basketball camps and connecting with the youth. He wants to inspire the next generation.
“That’s how he was raised by his family. People have a perception of his father, but he has a heart of gold and it trickles down to his kids. His father didn’t take him on a traditional route. He started his own sneaker company, Big Baller Brand. We’ve always talked about ownership. Melo wants kids to think big, especially in times like this.”
This is a heck of a headline for an 18-year-old.
I’m curious about the details. What share of the franchise do Ball and Jackson now own? How much did it cost? Did they assume debt to complete the deal? How profitable are NBL teams, especially considering coronavirus-caused uncertainty?
But with Lonzo Ball’s Pelicans season on hold and LaVar Ball losing influence, this at least puts the spotlight back on a Ball.