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PRESS RELEASE ARCHIVES FROM SEND2PRESS® NEWSWIRE

NOTICE: THIS IS ARCHIVAL CONTENT AND LIKELY OUT OF DATE.

Edited for Send2Press by Carly Zander


Investing In Sports

RENO, NV - Feb. 2,2004 /Send2Press Newswire/ -- AXcess News has released a story covering the business of sports today. Whether major or minor league it's still big business, but most of the focus is on major teams and the people who own them. While basketball fans everywhere have heard of the L.A. Lakers, most may not have heard about the Brevard Blue Ducks or the Brooklyn Kings, yet these are pro basketball teams too and unlike the Lakers, their league is publicly traded.

Few people though can afford to own a professional sports team. That privilege is for the ultra-wealthy. The rest of us must be content with memorabilia and attending a game now and then. After all, its unlikely the LA Lakers will be trading on the NASDAQ anytime soon.

Eat your heart out Jerry Buss, now anyone can own a piece of a pro basketball organization. Lifelong basketball fan and sports entrepreneur Dan Meisenheimer who formed the United States Basketball League, Inc. in 1984 spawned the idea.

At the time he founded the USBL, Meisenheimer was the youngest Commissioner of any professional sports league in history at age 33. Over the last nineteen years the League has grown to eleven teams with plans to add several more this year.

In 1996, Meisenheimer helped the USBL become the first publicly traded sports league. The United States Basketball League, Inc. is still the only publicly owned professional sports league currently trading (OTCBB: USBL) in the market.

Jerry Buss he's not, but Meisenheimer - and the league's fans - have one thing in common, they love basketball and with the season scheduled to open April 16th fans from St. Joseph, MO to those in Glen Falls, NY are all gearing up for the new season, with its stock slowly rising in anticipation of that event.

To read the rest of this story and other business news go to http://www.theaxcess.net

About AXcess News:

Dubbed the "Yahoo! of small cap business news" by Gordon Borrell, one of America's leading media and research gurus, AXcess News is fast becoming a known commodity for both the serious investor and people in general looking for informed articles and insightful columns that appeal to a broad spectrum of readers. http://www.theaxcess.net



FOR INFORMATION ABOUT THE COMPANY OR ORGANIZATION(S) MENTIONED IN THE ABOVE BUSINESS NEWS ARTICLE, PLEASE CONTACT THE COMPANY DIRECTLY AND NOT THIS WEBSITE.

DISCLAIMER: the above business news article is believed accurate but not guaranteed, and is based on business news supplied by the company or organization mentioned and/or quoted in the story. Financial/Stock news may contain forward looking statements and public companies should be thoroughly researched before considering material investment. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news item are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope/Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article.

USE OF THE ABOVE NEWS ARTICLE
Article is Copr. © 2004 Neotrope/Send2Press. Reproduction of this news article in any form requires written authorization. You may freely link to this article. For more information on using this article in print or on your website, please visit: www.freeNewsArticles.com™.



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