An NBL Franchise MUST have somebody with deep pockets. Whys is that so hard for people to understand?
Is Cairns backed by deep pockets? Was Brisbane, South Dragons, Gold Coast?
It's no panacea. A better foundation for each club would make it less essential.
Otherwise you're limited to a cross section of very wealthy people, who really like basketball, don't lose interest and don't mind losing money. If you have a more viable product as a base, then you open the field to local associations, less wealthy entrepreneurs, plus you're more likely to keep an investor around if they're not making up such a shortfall each year.