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Yao Ming and NBA Owners Team Up with Joe Tsai to Expand Asian University Basketball League

The Rise of the Asian University Basketball League (AUBL)

The Asian University Basketball League (AUBL) is making headlines by successfully closing a Series A funding round, attracting a diverse group of global investors. This pivotal investment is led by Blue Pool Capital, the family office of Joe Tsai, co-founder of Alibaba and owner of the Brooklyn Nets. It marks a significant milestone for AUBL, as they aim to become the leading collegiate basketball platform across Asia.

Notable Investors Join the Movement

In this funding round, Tsai is joined by prominent investors such as Marc Lasry from Avenue Capital Group, David Blitzer, co-owner of the Philadelphia 76ers representing Bolt Ventures, and the venture firm HSG. Other influential contributors include Hong Kong-based Nan Fung Group and basketball icon Yao Ming. Their participation is a testament to the increasing confidence in the potential of university basketball within the Asian landscape.

Capturing Attention through Compelling Events

The AUBL garnered substantial attention following its inaugural tournament held in Hangzhou last year, featuring 12 of Asia’s leading university basketball programs. The event not only captivated fans but also reached an impressive milestone of over 65 million livestream views, with nearly 30,000 attendees. This overwhelming interest underscores the strong appetite for collegiate basketball within the region and serves as a springboard for future growth.

Upcoming Tournaments and Expansion Plans

With fresh funding in hand, AUBL has laid out an ambitious roadmap leading into the 2026–2027 cycle. A standalone 12-team tournament is set to return to Hangzhou from August 2–9, 2026. The league plans to welcome new teams from the Philippines and Australia, joining established programs from Greater China, Japan, Korea, and Mongolia. Official announcements regarding participating universities are anticipated in May, heightening excitement among fans and students alike.

Following the tournament, AUBL plans to launch its first home-and-away season in November 2026. This historic initiative will feature 16 university teams competing in various Asian cities and aim to culminate in a thrilling championship event in 2027, designed to replicate the electric atmosphere of NCAA’s March Madness.

Focus on Quality and Engagement

The vision presented by AUBL’s CEO and co-founder Jay Li extends beyond mere competition. The league intends to prioritize world-class event management, enhance engagement with students and alumni, and foster youth development through initiatives like Hoop Scholars. These elements are crucial to building a comprehensive basketball culture within the universities.

Credibility Through Partnership

The investment group assembled for AUBL’s funding not only includes seasoned investors but also former and current NBA team owners. Joe Tsai, David Blitzer, and Marc Lasry bring with them a wealth of experience that enhances the league’s credibility on a global stage. Furthermore, Yao Ming’s inaugural investment in a burgeoning sports league emphasizes his belief in AUBL as a platform that could pave the way for new opportunities for Asian student-athletes.

A Unified Platform for Excellence

Sanctioned by the Asian University Sports Federation and launched in 2025, AUBL positions itself as a unifying platform for Asia’s elite university basketball programs. With its sights set on expansion and the upcoming full season, the league is poised to elevate collegiate basketball into a major cultural and sporting force throughout the region. Through this initiative, AUBL is not just cultivating athletes but also nurturing a vibrant basketball community that has the potential to influence future generations.