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American Basketball

Full company profile

uuid003frt5

Namestring
American Basketball
Legal namestring
American Basketball Association
Company typeenum
Private
Founded yearint
1967
Descriptiontext

American Basketball operates as a men's professional basketball league, publicly traded on OTCQB under the ticker ABKB and headquartered in New York. The company's website (abaliveaction.com) and stated positioning describe an entity working toward becoming a major professional sports league. Firmographic data lists 1–10 employees and a 1967 founding date, with Joe Newman identified as Chairman and Co-founder.

The legal name "American Basketball Association" corresponds to a historical professional basketball league that operated from 1967 to 1976 as a competitor to the NBA. During its nine-year existence, the original ABA introduced the three-point line and the Slam Dunk Contest, both subsequently adopted league-wide, and featured players such as Julius Erving and George Gervin. In 1976, the ABA merged with the NBA, and four of its franchises (Denver Nuggets, Indiana Pacers, New York Nets, and San Antonio Spurs) joined the NBA; the league subsequently ceased to exist as an independent entity.

The source data does not establish a clear continuity between the modern, publicly traded entity and the historical league. No revenue, pricing, product, customer segment, or technology disclosures are available beyond the firmographic identifiers. The financial table included in the input (showing hundreds of billions in revenue and large negative EBITDA) is mismatched data attributable to an unrelated issuer and is not relied upon here. An unrelated Indonesian-language block about an online gambling platform also appears in the source feed and is disregarded as non-substantive content.

Short descriptiontext

American Basketball is a New York-based men's professional basketball league publicly traded on OTCQB as ABKB, operating under the legacy American Basketball Association brand. The entity claims a 1967 founding and is led by Chairman Joe Newman, with no disclosed revenue or active operations in the source data.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
professional basketball league, sports entertainment, live basketball games, basketball franchise operations, team sports competition
Industry2 codes
1Basketball Leagues
CodeMPAKAAADPrimaryYes
2Professional Live Sports Leagues & Tours
CodeMPAGAMAAPrimaryNo
NAICS code2 codes
  • Spectator Sports7112
  • Spectator Sports71121
SIC code1 code
  • Services-Amusement & Recreation Services7900
Product category
Professional Sports League
Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

American Basketball operates a men's professional basketball league that organizes, governs, and presents live-action basketball games between its member franchises. The league sells live sports entertainment to consumers through arena events, broadcasts, and related programming, and licenses franchise rights to team owners across U.S. markets.

Differentiator
Functional benefit
Problem solved
Product and service3 records
1Professional basketball league games
CategoryLive sports entertainment
Description

Live-action men's professional basketball games organized and governed by the league, played between member franchises and presented to U.S. sports fans.

2Franchise rights
CategorySports franchise licensing
Description

Rights granted to team owners to operate member franchises of the league in designated U.S. markets (e.g., New York, Kentucky, Denver, San Antonio, Indiana, Virginia, Memphis).

3League championship and competition events
CategorySports competition events
Description

Season and playoff competition culminating in a league championship, including special events such as the Slam Dunk Contest that the ABA historically originated.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers8 records
TypeBroad incumbent
Description

A long-running basketball entertainment franchise that tours globally and monetizes the show/exhibition format; shares the basketball IP and live-events model with American Basketball, though it operates an entertainment tour rather than a competitive league.

TypeDirect peer
Description

A U.S.-based professional basketball league launched in 2017 featuring former NBA players; operates as a competing alternative professional basketball property, making it the closest direct peer to American Basketball's league ambitions.

TypeDirect peer
Description

The NBA's official minor-league development system, operating professional basketball franchises across the U.S.; competes for the same pool of developmental professional players, arena partners, and basketball fan dollars.

TypeEmerging player
Description

A newer professional basketball league using a unique individual-scoring format with rotating rosters; competes for media attention and sponsorship dollars in the alternative-professional-basketball category alongside American Basketball.

TypeRegional player
Description

The top-tier professional men's club basketball league in Europe; relevant as a peer for league-format benchmarks (media rights, sponsorship, franchise economics) even though it operates in a different geography than American Basketball.

TypeEmerging player
Description

A summer single-elimination basketball tournament featuring competitive men's players with a $1M winner-take-all prize; competes for basketball fan attention and summer sports media share, overlapping with American Basketball's audience.

TypeBroad incumbent
Description

The dominant men's professional basketball league in the U.S.; the entity American Basketball is positioning itself as a competing league, making the NBA the most relevant industry benchmark even though it is not a like-sized competitor.

TypeDirect peer
Description

A historically U.S.-based semi-professional/minor basketball league; comparable as a smaller-scale domestic league operator targeting the same marginal-professional basketball tier American Basketball occupies.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat1 record

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights3 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

American Basketball

Professional Sports Leagueabaliveaction.com

American Basketball is a New York-based men's professional basketball league publicly traded on OTCQB as ABKB, operating under the legacy American Basketball Association brand. The entity claims a 1967 founding and is led by Chairman Joe Newman, with no disclosed revenue or active operations in the source data.

What American Basketball does

American Basketball operates as a men's professional basketball league, publicly traded on OTCQB under the ticker ABKB and headquartered in New York. The company's website (abaliveaction.com) and stated positioning describe an entity working toward becoming a major professional sports league. Firmographic data lists 1–10 employees and a 1967 founding date, with Joe Newman identified as Chairman and Co-founder.

The legal name "American Basketball Association" corresponds to a historical professional basketball league that operated from 1967 to 1976 as a competitor to the NBA. During its nine-year existence, the original ABA introduced the three-point line and the Slam Dunk Contest, both subsequently adopted league-wide, and featured players such as Julius Erving and George Gervin. In 1976, the ABA merged with the NBA, and four of its franchises (Denver Nuggets, Indiana Pacers, New York Nets, and San Antonio Spurs) joined the NBA; the league subsequently ceased to exist as an independent entity.

The source data does not establish a clear continuity between the modern, publicly traded entity and the historical league. No revenue, pricing, product, customer segment, or technology disclosures are available beyond the firmographic identifiers. The financial table included in the input (showing hundreds of billions in revenue and large negative EBITDA) is mismatched data attributable to an unrelated issuer and is not relied upon here. An unrelated Indonesian-language block about an online gambling platform also appears in the source feed and is disregarded as non-substantive content.

American Basketball firmographics

Firmographics
Name
American Basketball
Legal name
American Basketball Association
Website
https://abaliveaction.com
Company type
Private
Founded year
1967
Operating status
Closed
Headcount range
1–10 employees
Short description
American Basketball is a New York-based men's professional basketball league publicly traded on OTCQB as ABKB, operating under the legacy American Basketball Association brand. The entity claims a 1967 founding and is led by Chairman Joe Newman, with no disclosed revenue or active operations in the source data.
Ownership category
akta.pro rank

American Basketball industry classification

Industry
Product category
Professional Sports League
NAICS
Spectator Sports (7112), Spectator Sports (71121)
SIC
Services-Amusement & Recreation Services (7900)
akta.pro primary industry
Basketball Leagues (MPAKAAAD)
akta.pro secondary industry
Professional Live Sports Leagues & Tours (MPAGAMAA)

Keywords

  • Professional basketball league
  • Sports entertainment
  • Live basketball games
  • Basketball franchise operations
  • Team sports competition

Where American Basketball is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Markets served

American Basketball business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

American Basketball product offering

Product offering

Core offering

American Basketball operates a men's professional basketball league that organizes, governs, and presents live-action basketball games between its member franchises. The league sells live sports entertainment to consumers through arena events, broadcasts, and related programming, and licenses franchise rights to team owners across U.S. markets.

Differentiator

Problem solved

Functional benefit

Products and services

  • Professional basketball league games Live-action men's professional basketball games organized and governed by the league, played between member franchises and presented to U.S. sports fans.
  • Franchise rights Rights granted to team owners to operate member franchises of the league in designated U.S. markets (e.g., New York, Kentucky, Denver, San Antonio, Indiana, Virginia, Memphis).
  • League championship and competition events Season and playoff competition culminating in a league championship, including special events such as the Slam Dunk Contest that the ABA historically originated.

Companies that use American Basketball

Customer profile

Ideal customer profiles1 record

American Basketball technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

American Basketball partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves3 records

Expansion highlights1 record

American Basketball competitors and assessment

Company assessment

Broad incumbents

  • Harlem Globetrotters: A long-running basketball entertainment franchise that tours globally and monetizes the show/exhibition format; shares the basketball IP and live-events model with American Basketball, though it operates an entertainment tour rather than a competitive league.
  • NBA (National Basketball Association): The dominant men's professional basketball league in the U.S.; the entity American Basketball is positioning itself as a competing league, making the NBA the most relevant industry benchmark even though it is not a like-sized competitor.

Direct peers

  • BIG3 Basketball League: A U.S.-based professional basketball league launched in 2017 featuring former NBA players; operates as a competing alternative professional basketball property, making it the closest direct peer to American Basketball's league ambitions.
  • NBA G League: The NBA's official minor-league development system, operating professional basketball franchises across the U.S.; competes for the same pool of developmental professional players, arena partners, and basketball fan dollars.
  • Premier Basketball League (PBL): A historically U.S.-based semi-professional/minor basketball league; comparable as a smaller-scale domestic league operator targeting the same marginal-professional basketball tier American Basketball occupies.

Emerging players

  • Athletes Unlimited Basketball: A newer professional basketball league using a unique individual-scoring format with rotating rosters; competes for media attention and sponsorship dollars in the alternative-professional-basketball category alongside American Basketball.
  • The Basketball Tournament (TBT): A summer single-elimination basketball tournament featuring competitive men's players with a $1M winner-take-all prize; competes for basketball fan attention and summer sports media share, overlapping with American Basketball's audience.

Regional players

  • EuroLeague Basketball: The top-tier professional men's club basketball league in Europe; relevant as a peer for league-format benchmarks (media rights, sponsorship, franchise economics) even though it operates in a different geography than American Basketball.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights3 records

Customer concentration

American Basketball social profiles

Digital presence

American Basketball financial estimates

Financial estimate

Revenue estimate

Valuation estimate

American Basketball leadership team

Management profile

Number of profiles

Profiles1 record

American Basketball funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

American Basketball M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about American Basketball

What does American Basketball do?

American Basketball operates a men's professional basketball league that organizes, governs, and presents live-action basketball games between its member franchises. The league sells live sports entertainment to consumers through arena events, broadcasts, and related programming, and licenses franchise rights to team owners across U.S. markets.

Is American Basketball a public or private company?

American Basketball is a private company. It is classified as public and is currently closed.

When was American Basketball founded?

American Basketball was founded in 1967. It employs 1 to 10 people.

Where is American Basketball based?

American Basketball is headquartered in New York, United States, in the North America region.

Who are American Basketball's main competitors?

Broad incumbents on record are Harlem Globetrotters and NBA (National Basketball Association). Direct peers are BIG3 Basketball League, NBA G League and Premier Basketball League (PBL). Emerging players are Athletes Unlimited Basketball and The Basketball Tournament (TBT). EuroLeague Basketball is listed as a regional player.

Does American Basketball have an API?

No public API is recorded for American Basketball.

What industry is American Basketball in?

American Basketball's product category is Professional Sports League. Its primary akta.pro industry code is MPAKAAAD, Basketball Leagues, with a secondary code of MPAGAMAA, Professional Live Sports Leagues & Tours. Its NAICS code is 7112 and its SIC code is 7900.

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Wikipedia1928–29 Trenton Royal Bengals season: Difference between revisionsThe 1928–29 Trenton Royal Bengals season was the franchise's only professional season in Trenton, New Jersey, during the American Basketball League's fourth season, which returned to a split-season format. The team finished sixth overall with a 12–16 record in the first half and 4–8 in the second, failing to qualify for the championship series. The franchise left the ABL afterward, later appearing in the Tri-State Basketball League and as the Trenton Moose and Trenton Tigers.YahooHow the ABA changed basketball forever: Dr J, George Gervin and the league that dared to be differentThis article is a historical retrospective on the American Basketball Association (ABA) 50 years after its 1976 merger with the NBA, featuring interviews with former players George Gervin and Ralph Simpson. The piece explores how the ABA, viewed as a subpar league in the 1970s, provided opportunities to players like Gervin and Spencer Haywood who were passed over by the NBA, and how its innovations including the three-point shot permanently reshaped professional basketball. The article credits figures like Julius Erving with mentoring younger ABA players, and notes that half of the 1977 NBA All-Star roster consisted of former ABA players, demonstrating the league's lasting competitive impact.PR NewswireAmerican Basketball Association (ABA) Joins Forces with Strimm TV to Establish a Next-Generation TV NetworkThe American Basketball Association (ABA) and Strimm TV announced a strategic partnership to launch Abagale TV, a new sports television network that will provide 24/7 live broadcasts of ABA basketball games across 100+ online channels. The network, powered by Strimm's platform, aims to enhance fan engagement by delivering games and exclusive content directly to audiences via online and OTT devices. This collaboration represents ABA's most significant technological advancement, positioning the league to reach global audiences through private linear TV networks.GlobeNewswireVE Gaming Signs Deal to Launch American Basketball Association Video GameValiant Eagle signed a license agreement with the American Basketball Association to develop an officially licensed ABA video game. The deal uses a profit-sharing model, and the company plans to build on the NBA 2K franchise, which had over 1.9 million daily players in 2022.GlobeNewswireValiant Eagle (OTC: PSRU) Subsidiary, VE Gaming, Enters Into LOI to Create American Basketball Association Video GameValiant Eagle entered a letter of intent with the American Basketball Association to create an officially-licensed ABA video game. The deal uses a revenue-sharing model and cites NBA 2K's 125 million cumulative sales as a market benchmark. The company sees potential to capture basketball gaming market share.PR NewswireXavier Media Group, A Valiant Eagle, Inc. (OTC:PSRU) Subsidiary, Inks A Colossal Television Deal With American Basketball AssociationXavier Media Group (XMG), a wholly-owned subsidiary of Valiant Eagle, Inc., signed an agreement with the American Basketball Association (ABA) to create and launch streaming channels for ABA teams across platforms including ROKU, Apple TV, and Amazon Fire TV. XMG will provide services including streaming infrastructure, video production, app development, and marketing support in exchange for referral fees. The company projects this initiative could generate revenue from hundreds of new channels and expects to earn several million dollars monthly once fully operational.