Inquirer
NorthPort will take on PBA Draft duties for buyer Pureblends
The Philippine Basketball Association (PBA) is reviewing Pureblends Corporation's bid to acquire the NorthPort franchise, with the sale not yet finalized.
Pureblends submitted a letter of intent and other necessary documents to the PBA, which have been forwarded to a review committee for recommendations.
PBA Commissioner Willie Marcial confirmed the review process and stated that the sale is pending.
The acquisition reportedly involves Pureblends purchasing the NorthPort franchise for ₱90 million.
NorthPort will still participate in the PBA Rookie Draft on Sunday, September 7, holding the fourth overall pick.
Pureblends Corporation, owned by Bryann Calantoc, has previous experience backing teams in other leagues, including the Pilipinas Super League and international basketball.
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News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
NorthPort coach Bonnie Tan remained tight-lipped about the team's strategies for the upcoming PBA Rookie Draft and the ongoing franchise sale to Pureblends Corporation.
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A total of 122 rookie aspirants will participate in the Philippine Basketball Association (PBA) Rookie Draft for its 50th season on Sunday, September 7, at the Mall of Asia Music Hall.
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