Report: USA Basketball relocating to Tempe
JUN 11, 2013 5:04p ET
According to a report in the Arizona Republic, which cites unnamed sources, the national governing body of basketball will soon announce plans to move from Colorado Springs, Colo., to Tempe as part of an Arizona State University development project.
In 2008, USA Basketball, which is led by former Phoenix Suns chairman and CEO Jerry Colangelo, planned a move to Glendale, Ariz., but the move fell apart for financial reasons amid the economic recession.
USA Basketball's move would apparently be part of a 10-acre development ASU has planned near campus. The report says ASU will seek Arizona Board of Regents approval this week to enter into a lease agreement with USA Place LLC, the developer that would undertake the project at the corner of Mill Avenue and University Drive.
Until an agreement with the developer is complete, ASU is unable to identify tenants of the project.
USA Basketball's move to Tempe could be a boon to tourism in Tempe and the greater Phoenix area. Its teams have been highly successful internationally, particularly in recent years. Since Colangelo joined the organization in 2005, the U.S. men's senior national team under Duke coach Mike Krzyzewski has won gold medals in back-to-back Olympics, going 16-0 combined, and in FIBA World Championships it has gone 17-1 with a gold medal in 2010.
The U.S. women's senior national team, currently coached by UConn's Geno Auriemma, is also 16-0 with two gold medals over two Olympics in that span and has won five consecutive Olympic gold medals. The women's team has not lost in the Olympics since 1992 and is 17-1 with a 2010 gold medal in FIBA World Championships.
The competitions in which USA teams regularly compete include the Olympics, FIBA World Championships, FIBA Americas Championships, Pan American Games, World University Games, U19 and U17 World Championships and the Nike Hoop Summit.