Ice Cube’s big three basketball league is expanding to new cities, with recent team sales in Miami and Houston.
The league, known for allowing fans to purchase Stakes, sold its first team in Los Angeles for $10 million to Dcb Sports, signaling a shift to a city-based model.
Notable investors like Eric Mullins and Milton Carol are involved in these expansions.
Real estate executive Heath Freeman also acquired a team in Miami for $10 million, emphasizing the franchise’s potential impact on South Florida’s Sports landscape.
With plans to sell all 12 teams and future Ambitions to grow to 16 teams globally by the year 2025, including potential expansions in London and Toronto, big three is aiming to cultivate local fan bases while extending its International presence.