Wednesday , Jan , 24 , 2007 C.Y. Ellis

NBDL awards team to Rio Grande Valley

New York, NY (Sports Network) – The NBA Development League expanded to 14
teams on Wednesday when the league awarded an expansion team to the Rio Grande
Valley in South Texas.

The team will be the second to join the league in 2007-08 as a team was
already awarded to Orem, Utah in early December.

The latest edition to the league will be owned and operated by RGV Basketball,
LLC, a group that consists mostly of local South Texas business professionals
and community leaders.

The club will play at the Dodge Arena in Hidalgo Texas.

“The D-League continues to provide the NBA and its teams the opportunity to
cultivate talent, test ideas and give young players a means to improve through
game competition,” said NBA commissioner David Stern. “That commitment,
coupled with delivering the game of basketball in an affordable, fun and
family-oriented atmosphere, has more investors such as these in the Rio Grande
Valley seeking to bring the D-League experience to their communities.”

The D-League began play in 2001-02 and since then, NBA teams have called up 54
players onto its rosters, including six currently playing in the NBA. 41
players have been assigned to the league over the last two seasons.

“Having the NBA system in the Rio Grande Valley is a win-win for our
communities and I am very proud that we have the opportunity to offer such a
tremendous entertainment outlet for South Texas,” said David Guerra, president
and CEO of International Bank and Commerce in McAllen, Texas. “The NBA has
long been an excellent business model in the sports world, and to have a team
associated with not only the league, but affiliated with NBA teams, only adds
strength and credibility to our local D-League team.”