CLEVELAND, Nov. 19, 2018 /PRNewswire/ -- The Historical Basketball League (HBL) is the first college basketball league to compensate and educate its players based on their market value. Today, the HBL took a major step towards its 2020 launch by announcing the hiring of two-time NBA champion David West as the league's first COO. West will oversee the development of basketball infrastructure; including recruitment, scouting, performance and NBA relations. In his role, West will help form true and transparent partnerships with the HBL's players.
College athletes are the heart of their sport and deserve a fair share of the revenues they generate. Before the HBL, basketball players were excluded from those financial benefits while everyone around them received significant compensation. The HBL provides a new opportunity, one without economic and academic exploitation. The HBL's players are projected to earn between $50,000 and $150,000 per season based on athletic talent and marketability, in addition to receiving a guaranteed scholarship and having the ability to sign with an agent to fully commercialize their name, image, and likeness, all without jeopardizing their eligibility with the HBL.
During his four-year college career at Xavier University (OH), West earned three Atlantic 10 Player of the Year honors and was named national college player of the year by the Associated Press and United States Basketball Writers Association. West played 15 seasons in the NBA, most recently with the Golden State Warriors where he helped earn back-to-back championships in 2017 and 2018. A two-time NBA all-star (2008 and 2009), his collegiate and professional experience gives West first-hand understanding of how the sports world works. This, coupled with his deep desire to nurture, support and help young athletes, is why West sought out this historic opportunity.
"I want to be on the right side of history, it's that simple," said West. "These guys playing with passion and for the love of the game is true, but they also deserve an opportunity to share in the profits they help generate. We need to change this narrative. We need to create a path that gives players the option to take a more professional step toward their careers and personal development. Offering athletes educational opportunities that are innovative, tangible and applicable to their future pursuits gives them the ability to maximize their potential during their brief time as college students."
"We are extremely excited to add David West as our COO," said Ricky Volante, CEO of the HBL. "David is a thoughtful leader that deeply understands the injustices of amateurism, and has the courage to help us disrupt it and build a better opportunity. David has expert knowledge of the transition from high school and AAU athlete, to college student, to NBA veteran and champion. He's a respected mentor to our various stakeholders in the AAU, coaching, and NBA player communities."
In his new role, West's primary goal is to help the HBL's players develop in a productive and positive manner. He will also help their families navigate the grey, unspoken areas of college-athlete recruiting, and shine a light on the HBL as a new opportunity for elite high school athletes looking to holistically develop on and off the court while in college. "The HBL believes that providing equity to its players will produce a higher quality basketball experience for fans to enjoy, and better opportunities for sponsors and partners to connect directly with the athletes that promote their product," said Volante.
The Historical Basketball League will launch in June of 2020 in 12 cities across the country.
The Historical Basketball League | At a Glance
Launching in June of 2020 (games will be played in the summer, to minimize interference with the academic calendar)
Inaugural season will feature 12 teams across key U.S. markets near major colleges and universities
Players projected to earn a salary between $50,000 - $150,000 per season based on market value
Players receive a guaranteed scholarship
Players may sign with a basketball and/or marketing agent
Provides athletes a US-based opportunity free of academic and economic exploitation
Players will receive group licensing opportunities through the HBL and its corporate partners
Players will participate in workshops and seminars on topics such as: financial literacy, insurance policies, public speaking and branding, social media usage and more
The HBL leadership team is comprised of different backgrounds and experiences, including lawyers, Silicon Valley masterminds, economists, doctors, professional athletes, plus a former assistant athletic director at a PAC-12 school