History
The USBL started in 1985 as one of the first basketball leagues to play a late-spring to early-summer schedule. The league quickly became known as a development league for players, with many players moving up to the NBA and many more playing in Europe after stints here. In 1996, the league made a stock offering, a rarity among sports leagues. However, in later years, the league declined as rival leagues appeared and USBL had a tougher time replacing teams that folded. In the last two seasons, the league was mainly a midwestern league, with teams mainly in Kansas, Nebraska, and Oklahoma.
Read more about this topic: United States Basketball League
Famous quotes containing the word history:
“I think that Richard Nixon will go down in history as a true folk hero, who struck a vital blow to the whole diseased concept of the revered image and gave the American virtue of irreverence and skepticism back to the people.”
—William Burroughs (b. 1914)
“The history of all previous societies has been the history of class struggles.”
—Karl Marx (1818–1883)
“The one duty we owe to history is to rewrite it.”
—Oscar Wilde (1854–1900)