Agreed Mutley, the NBL has been in an horrendous state for far too long. It's hard to take seriously, with teams folding, players coming and going all the time and ex-superstars playing well past their prime because there is no young talent to push them out to pasture.
I hope the new league can get its entry requirements right and that means all teams that are involved must be able to demonstrate a sustainable business plan - even if that means a semi-pro league like we had until the early 90s. I remember guys like Mike McKay used to work and did not rely entirely on a basketball salary. Didn't seem to stop him from being a pretty good player. I'd watch players like him again.
I also hope that the new league does only start with 8 teams, because we need to consolidate the talent, so we get consistently high level games.
A related issue I have been thinking about again lately is that clubs need to start seeking money for developing players. Part of a sustainable business model might be to change the age old attitude that sees contracted players like Newley walk away from the team to further their careers in Europe or the NBA.
As I'm sure many of you know, this is the way smaller European clubs and leagues survive (both in football and basketball).
The old attitude about not standing in the way of players making the NBA or Europe was fine while the league was semi-professional, but if we want a serious, professional league, you can't keep undermining its value by giving away talented players for free.