MANILA, Philippines – The Philippine Basketball Association (PBA) has been conducting a series of meetings with companies in line with the league’s expansion plan, the league's chairman Ramon Segismundo said.
According to the Meralco board representative, they are convincing several companies that now is the right time to invest in the PBA given the recent spike in the league’s popularity.
“Yes, may mga kinakausap kami. We really want to tell them that investing in the PBA is a very good idea,” he said in an interview with Spin.ph’s Snow Badua.
Segismundo said the expansion will not only benefit the incoming teams but the league as well, noting that the PBA has a surplus of players who are looking for teams to play for.
“We have a surplus of players, plus the league is enjoying its popularity now,” said Segismundo.
“Taon-taon maraming players ang nawawala. Pero if you look at them, pwedeng-pwede pa sila. So kung madadagdagan tayo, makakatulong rin tayo sa livelihood ng maraming pamilya,” he added.
The PBA currently has 10 ball clubs: Petron Blaze, San Mig Coffee, Rain or Shine, Meralco Bolts, Global Port, Alaska, Barako Bull, Barangay Ginebra, Talk 'N Text and Air21.
The addition of one or two teams will make the league much more exciting, the PBA chairman said.