Flinders 87
Earlier this year

No surprise here: An NBL bid……set to invest in WNBL

The NBL is set to take on a percentage of the WNBL in an attempt to revitalise the exposure-starved foundation women's basketball league.

Code Sports can reveal the NBL’s bid, headed by owner Larry Kestelman and Sydney Kings and Flames majority owner Robyn Denholm, is poised to sign a heads of agreement in the coming days to rubber stamp the deal.

https://www.theaustralian.com.au/sport/basketball/an-nbl-bid-led-by-larry-kestelman-and-sydney-kings-owner-robyn-denholm-set-to-invest-in-wnbl/news-story/ca8fe1ca295d0de91fe89e50a5424521

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Weedy Slug  
Earlier this year

Good news, pity it's not 100%.

Reply #943027 | Report this post


Sebastian  
Earlier this year

As good as 100% and will take over it running

Reply #943028 | Report this post


Ben  
Earlier this year

Here to say should be 100% also. WNBL has been run as a clown's show for years and year, surprised it's still alive tbh.

Reply #943029 | Report this post


Anon  
Earlier this year

Reply #943031 | Report this post


Weedy Slug  
Earlier this year

No brainer, should take bendigos license.

Link

Reply #943032 | Report this post


Weedy Slug  
Earlier this year

Denholm/Kestleman 75% stake starting April 2, 2025.

Reply #943033 | Report this post


ME (he/kangaroo)  
Earlier this year

The road to hell is built with the best intentions and no doubt Larry's intentions are good - he wants to save the WNBL. It's a commendable thing to want to do. But we should look at other examples to see how that will work out.

The WNBA loses the NBA tens of millions every year and has never turned a profit. What's worse, we have constant complaints about equal pay, as though it were feasible to pay A'ja wilson like Lebron James.

The same thing happened in the WAFL. The AFL literally gifted women a professional league and it took about 5 minutes and a single sell out game (with free tickets, mind you) for pay comparisons to creep up.

In US soccer there's some pay parity deal where the women get paid the same as the men. Sounds great, except the revenue raised from the men's national team is many times more than that of the women's, despite the women's being indeed more popular and successful.

There are examples of these issues across world sport and it would be ignorant to think the NBL and WNBL wont be yet another problem.

You can try to save women's sports or even create the platform and hand it to them but with absolutely no legwork of their own and no revenue nor fan interest and theyre still going to have expectations, and the NBL and Larry will be forking the bill and being held over the barrel by the media if they don't.

Not something I'd have signed up to personally. Cooperation with the WNBL, and having them play double headers, and some sort of partnership? Sure. But the way things are going I wouldn't be bank rolling both a men's and women's league at the same time, because if you pay and fund the men more you're going to have non stop headaches.

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word14  
Earlier this year

Assume you meant the AFLW there? WAFL is the Western Australia league

Reply #943059 | Report this post


Perthworld  
Earlier this year

Denholm/Kestleman 75% stake starting April 2, 2025

I wish the date was a day earlier and an April Fool's joke in regards to a leeching BA holding on.

Reply #943069 | Report this post


Perthworld  
Earlier this year

On second thought I really like the last day of full BA control being 1 April.

Reply #943138 | Report this post




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