PBA to decide on NorthPort sale before Oct 5 season start

The Philippine Basketball Association (PBA) is reviewing Pureblends Corporation's bid to acquire the NorthPort franchise, with a decision expected before the 50th Season begins on October 5.

Pureblends submitted a letter of intent and other necessary documents to the PBA for the acquisition, reportedly valued at ₱90 million.

A PBA review committee is assessing Pureblends' suitability to take over the franchise and will submit a recommendation to the Board of Governors, requiring a two-thirds vote for approval.

Despite the ongoing sale evaluation, NorthPort will still participate in the PBA Rookie Draft this Sunday, making selections even if the transaction gets the nod.

NorthPort, which has been in the PBA since 2012, holds the fourth pick in the upcoming draft where 128 applicants will vie for spots.