Background The International Basketball League (IBL) was first proposed in 1996 as a single-structure organization similar to
Major League Soccer. Because of this players were paid by the league and not the team's owners. The IBL also had classes they called "Player Education/Life Readiness Plan" in which IBL players were informed about scholarship opportunities and how to balance school and professional basketball. Plans for the league to begin play were tentatively set for November 1997 with 10 unidentified franchise in the United States. The league sought to have college players or high school players join their league instead of playing in the
NCAA, where they could not receive compensation for their play. NCAA spokesperson Katherine Rice responded to the IBL by saying, "As an educational program, we prefer young people to get an education as a basis for their sports activities."
Founding A two-day meeting was held in St. Louis, Missouri on January 19, 1999 with over 50 IBL owners, executives and advisers in attendance. They were briefed on several things including potential television contracts, the IBL draft and the playoffs. On February 15, 1999 IBL president
Thaxter Trafton announced the team would begin the season on November 26, 1999.
Paul Martha served as the IBL vice president and general legal council.
Salary cap During the league's first season the salary cap was $525.000 for a 10-player roster. While a
CBA player made roughly $22,000 a year at the time, an average IBL player would make about $50,000 (while
ABA 2000 players would get paid significantly more). == Clubs ==