Ice Cube Inks $10 Million Deal With Big 3’s First Franchise Sale
Ice Cube‘s Major3 League just signed a $10 million deal as they start transitioning their teams to dwelling marketplaces.
Introduced in 2017, the 3-on-3 league had however to create geographical ties to any of the groups. But beginning in 2025, there will now be cities tied to the groups – one of which will be Cube’s residence of Los Angeles. And the new supply now establishes DCB Sporting activities as the owner of the LA crew.
“This is a historic working day for the Massive3,” Ice Dice talked about in a push release. “We could not be happier to entrust component of our league to Gary [LaDrido, managing partner of DCB Sports] and this seasoned team of sporting activities investors in advance of our most essential season nonetheless. We have all-star basketball talent, hundreds of thousands of faithful supporters all-around the environment, and we are one particular of the most viewed sporting activities plans of the summer season on CBS.
“Basing our groups in home cities lets Massive3 to interact nearby communities and fanbases and bringing in possession teams every with their have sports activities know-how, business, and capabilities commencing in 2025 will allow Massive3 to improve exponentially. I know that DCB Sports activities will do correct by the individuals of Los Angeles and alongside one another, we’ll continue to modify the game.”
Ice Cube’s Significant3 Basketball League Sells Its First Group in $10 Million Deal https://t.co/sYmeM1Ztln
— Ice Dice (@icecube) May perhaps 10, 2024
The supply follows a failed give to indication Caitlin Clark to the Major3 – which Ice Dice and his fellow Big3 co-founder Jeff Kwatinetz picture was hardly ever presented to her as her brokers are allegedly in cahoots with the NBA.
In March, Cube supplied the all-time NCAA leading scorer $5 million to participate in in his a handful of-on-3 basketball league, which would make her the initially lady to do so. On the other hand, she was afterwards picked by the Indiana Fever for the duration of the 2024 WNBA draft. Her 4-year contract reportedly totals to about $338,000 (an typical of about $84,500 a yr).
In an open up letter penned by Kwatinetz and shared on the N.W.A veteran’s internet web-site, the two accused the prodigy’s brokers of operating for the “NBA mob.”
“From our standpoint, these representatives really don’t appear to work for an particular person customer like Caitlin. They feel to perform for the NBA mob, as their consumer record is a who’s who of NBA players.,” it examine.
Ice Dice Admits He ‘Doesn’t Like’ Observing Other Rappers Beef
The neighborhood statement went on to describe the funds she could have developed by signing with Big3, which would be substantially a lot additional than her newest deal.
For her aspect, Clark appeared to brush off the Significant3 give quickly just right after it went viral on the internet.
“To be straightforward, I identified out about the Significant3 factor at the actual time you all did, and my key target is on just participating in basketball,” she reported.
“I truthfully really don’t speak about these factors with really any individual. I have other folks that offer with it, and they have not claimed a phrase to me about it. My major concentration is on this staff and supporting us find a way to defeat Colorado and with any luck , win a further a single soon after that.”
