NBA Rumor: Overtime Elite League

17 rumors in this storyline

1 day ago via Twitter
Topps: BREAKING: Topps is teaming up with @overtime Elite to capture the next generation of talent and make our long-awaited return to the court! 👀🏀 Plus, we’re even dropping first EVER #ToppsNOW OTE cards to intro the league! Be the first to collect them 👉 http://ow.ly/g5Jl50GfbAA

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Jalen Lewis becomes youngest prospect to turn pro in American history

High school junior Jalen Lewis — a five-star basketball recruit — is signing a contract with the new Overtime Elite professional league, sources tell The Athletic. His multiyear deal is worth more than $1 million, sources said. Lewis, 16 and born in 2005, is the youngest prospect ever to turn pro in America. The 6-foot-8, 215-pound center from Oakland, Calif., (Bishop O’Dowd High) is 12th in the Class of 2023 in the 247Sports Composite Rating. Kentucky, Duke and UCLA were among the schools recruiting Lewis, sources said.

A pair of top recruits in the class of 2023 plan to forego college and join the Overtime Elite professional league, according to ESPN’s Adrian Wojnarowski. Matt and Ryan Bewley will sign two-year deals worth over $1 million with the Overtime league, per Wojnarowski. They are the first first prep underclassmen to sign contracts with the league. Matt Bewley is the No. 3 recruit in the class of 2023, per the 247Sports composite rankings. Ryan Bewley is No. 20.

Transformative new sports league OTE (Overtime Elite) announced today that it has selected Atlanta as its home. OTE selected the city of Atlanta after a year-long search, during which league officials visited and studied eight cities across the United States. OTE, which offers the world’s most talented young basketball players a better pathway to becoming professional athletes, begins playing in Atlanta this September. “If we could construct a city that would be the perfect home for Overtime Elite, it would look just like Atlanta,” said Overtime Elite Commissioner and President Aaron Ryan. “The city’s storied basketball history, diverse population, vibrant business community and rich culture make Atlanta a special place. OTE is looking forward to being an active contributor to the community.”

Overtime Elite, which will feature up to 30 players ages 16 to 18 who will be paid a minimum salary of $100,000 along with bonuses and equity, is slated to begin in September 2021. If an Overtime Elite player doesn’t ultimately pursue a pro career, the league will pay them up to $100,000 towards college tuition. Overtime, which includes Durant, Carmelo Anthony and late NBA Commissioner David Stern among its investors, was founded in 2016. Ollie, who is still in arbitration with UConn over the $10 million he was still owed on his contract and isn’t permitted to discuss his exit from the program as a result, wrote an Op-Ed for The Athletic about his return to the basketball world.

OTE is designed to offer the world’s top prospects the development, education and economic empowerment to address these issues head-on. On the court, OTE players will compete against the top prospects from around the world. They will have access to pro-grade training and coaching to level-up their game, and to world-class facilities, nutritionists and sports scientists who can hone their bodies. Players will also earn six-figure salaries and have the opportunity to be compensated for their name, image and likeness. They will earn a high school diploma and receive professional training in financial literacy, social media, media training and the business of basketball. I had to learn all of this on my own when I entered the NBA.
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