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    Ice Cube's BIG3 Basketball League Is Going Public In $290 Million SPAC Deal Ice Cube's BIG3 is making another major business move, with the 3-on-3 basketball league preparing to go public through a merger with Graf Global Corp., a publicly traded special purpose acquisition company. The deal values BIG3 at $290 million on a pre-money basis, before potential earnouts tied to future share-price performance. Once the transaction closes, the combined company is expected to operate as Big3 Basketball Holdings, Inc. Founded in 2017 by Ice Cube and entertainment executive Jeff Kwatinetz, BIG3 has built its brand around a faster, more physical version of basketball featuring former NBA players, entertainers, and celebrity-backed teams. The league is now entering its ninth season, with the new season scheduled to begin in Los Angeles and the championship game set for August 22 in Charlotte, North Carolina. The public listing could give BIG3 more capital to expand its city-based team model, grow fan ownership opportunities, and increase its presence in the sports investment market. In recent years, the league has pushed beyond its original touring format by selling teams in markets such as Los Angeles, Miami, Houston, and Detroit. For Ice Cube, the move represents a major step in turning BIG3 from an independent sports experiment into a publicly traded basketball business. It also gives fans and investors a chance to buy into a league that has spent years positioning itself as an alternative to traditional basketball. The deal is expected to close later this year, pending the usual approvals and closing conditions. Ice Cube's Basketball League BIG3 Going Public In $290M SPAC Deal Black Millionaires Podcast #blackmillionaires #jameshilltv #blackmillionaires Podcast
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