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****BIG3 BASKETBALL - 2024****

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BIG3 ANNOUNCES MIAMI EXPANSION IN $10 MILLION DEAL​


Today, the BIG3 announced that a group of investors led by media, sports, real estate, and hospitality executive Heath Freeman has purchased the rights to the second-ever location-based BIG3 franchise with plans to base the team in Miami. Freeman will take ownership for the 2025 season, when all BIG3 teams will represent home markets. This announcement follows the purchase of rights to the LA-based BIG3 franchise by an ownership group led by DCB Sports, also for a reported $10 million, with both teams debuting in the BIG3’s eighth season in 2025.

Freeman brings with him the support of the city of Miami, including Mayor Francis Suarez, who has been an active supporter of the BIG3 coming to Miami. Suarez has previously attended multiple BIG3 games and met with league co-founders Ice Cube and Jeff Kwatinetz to discuss the BIG3’s potential for community outreach and youth programs should a franchise come to Miami. Among other investments in sports, Freeman is Managing Partner of the Florida Freedom, which plays in the PBR (Professional Bull Riders), and is based out of the Amerant Bank Arena in Sunrise, FL. He is also Executive Chairman of the AVP, the premier beach volley league in the world. The AVP recently announced the launch of a new league this fall, with eight teams set for its inaugural season.

Season seven, which is currently underway, will be the final BIG3 season operating under the touring model. In 2025, when the Miami franchise will begin play, all 12 previously-league-owned BIG3 teams will transition to representing home markets. ABOUT BIG3: On January 11, 2017, the BIG3 was born. The first-ever professional FIREBALL3 league is the brainchild of producer, actor, and music legend Ice Cube and entertainment executive Jeff Kwatinetz, who shared a vision of a player-centric league focused on entertainment and innovation. The BIG3 is a league with no garbage minutes, where trash talk is allowed, defense is emphasized, fast-paced action, and where every point –whether it’s a 4-point or 3-point shot – counts. Any given BIG3 team has hall of famers, icons and trailblazers, and the next best 3-on-3 player.

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