At an ABA game tonight I met a couple of guys who are organizing something called the Pro Basketball Circuit - I have to admit the concept kind of blew my mind, but I didn't get to talk to them long. They are building a league that runs more like a cross between Euroleague and a point system.
I came on here hoping someone else knew something about it - the site is ProBasketballCircuit.com
No idea if this thing will be reality or not, but I am used to seeing small time operators come and go in the minor leagues. However, these guys did NOT seem like that at all - one of them runs a TV network of some kind and both of them apparently have NBA/Euroleague ties. They knew a bunch of the players at the game and the team owners came by (came out of his way) and spoke with them.