Connect with us

Hi, what are you looking for?

Tiebreaker Times
(C) Starhorse

Basketball

Three suitors eye Terrafirma franchise after Starhorse deal collapses


Three interested buyers are now in talks with the Philippine Basketball Association now that Starhorse Shipping Lines, Inc. is out of the picture.

Two of them have not only sent Letters of Intent but have also paid the league’s office in Libis, Quezon City, a visit to talk to no less than Commissioner Willie Marcial, stating how serious they are in their attempt to join.

The league chieftain politely declined to divulge their identities, although he admitted that one of them has been knocking on their door for some time now.

“‘Yung isa roon, matagal nang nagpaparamdam sa atin,” he told Tiebreaker Times on Thursday night. “Dalawa na rin sa tatlo ang dumalaw sa atin.”

The league finds itself in a familiar situation after the sale of the Terrafirma franchise to Starhorse fell through, as the marine transportation company could not comply with requirements set by the PBA.

2025-MPBL-Starhorse-Basilan-Renzo-Navarro Three suitors eye Terrafirma franchise after Starhorse deal collapses Basketball News PBA  - philippine sports news

(C) Starhorse Basilan

Some requirements were also unmet in the separate negotiations between Starhorse and Terrafirma, whose group is led by team governor Bobby Rosales.

“Hindi nakapag-comply si Starhorse doon sa ibang mga requirements natin,” lamented Marcial. “Lalo roon sa financial side nung deal.”

But familiar, we say? That’s because the PBA also found itself talking to three entities in 2022 when the Alaska Milk Corporation pulled out of the league.

Marcial, back then, also kept their identities hidden, although the franchise was eventually bought by Converge ICT Solutions, Inc. of Dennis Anthony Uy.

The FiberXers then became the latest to join the PBA after NLEX, Blackwater, and Kia — which eventually became Terrafirma — in 2014.

#ReadMore  Kim Rubin leverages Alas Girls experience to support UST skipper Jai Adrao
Written By

Oftentimes on the sidelines. Forever a student of the game. Morayta-bred.


You May Also Like

Basketball

As Gilas Pilipinas braces for the grueling journey toward the 2027 FIBA World Cup, the potential return of 7-foot-3 center Kai Sotto looms large...

Basketball

Ginebra found its touch from beyond the arc early and shot down Phoenix, 119-112, to post back-to-back for the first time in the PBA...

Basketball

Alec Stockton best exemplified redemption after leading Converge back to the PBA Philippine Cup win column by beating NorthPort on Friday night. The budding...

Basketball

Alec Stockton submitted one of his best career outings to power Converge to a 111-92 crushing of the free-falling NorthPort for a masterful bounce-back...

Basketball

The PBA has suspended two of its high-ranking officials for committing procedural lapses in handling Cliff Hodge’s case that marred Magnolia’s win over Meralco...

Basketball

Meralco forward Cliff Hodge has been suspended for one game and fined ₱100,000 by the PBA Commissioner’s Office following a flagrant foul on Magnolia...

Basketball

Cliff Hodge insisted there was no ill intent in his hard foul on Zavier Lucero that sparked a heated altercation late in Meralco’s 117-92...

Basketball

Paul Lee went on a heater run in the fourth quarter to help Magnolia finish strong against Meralco, 117-92, and stretch their unbeaten run...

Advertisement