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BIG3 Ownership


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Author: Max Stretton

It’s the dream of every sports fans to one day have an ownership interest in their favorite team.
For the average fan, it’s enough trouble affording tickets to a game, let alone gaining access to
legitimate sports league investment opportunities. As the market for professional sports
grows, valuations are so high that only the extraordinarily rich and elite have the means to
invest. By embracing the future where others want to hold it back, BIG3 aims to change this
sad reality.

Now in its fifth season, BIG3 has already overcome numerous obstacles on its way to become
the first sports league to succeed since UFC. Despite the NBA and others putting barriers in our
way, we have thrived through innovation. BIG3 listens to the fans and enacted rule changes
that increased speed, physicality, competitiveness and excitement. BIG3 listened to players
and coaches and empowered them to assemble and run their teams as well as led the way with
humane mental and physical health policies. The first league with black ownership, a black
commissioner, a woman Chairman and two female head coaches (who each won a
championship), BIG3 “walked the walk” and showed the sports world the benefits that come
with diversity of ideas and backgrounds.

The next step in BIG3’s evolution is greater engagement with the fans themselves. By creating
a model of “21st Century Ownership,” the league can benefit from direct fan engagement and at
the same time allow fans to enjoy many of the elusive benefits ownership often provides at a
radically more accessible price point.

With the advent of non-fungible tokens and blockchain technology, we can provide fans and
investors aspects of ownership other leagues cannot or simply will not give. It is the efficiency,
transparency and speed of the blockchain that makes BIG3 the perfect use case. Where others
may exploit ‘hype’ to grab quick money and move on, BIG3 will use the technology of the
blockchain as a transformative tool to redefine sports ownership forever by bringing true value,
utility and ownership. In the process we will build the strongest community the sports
ecosystem has ever seen.

BIG3 will be selling its 12 teams through NFT technology. The owners of each team will receive
rights and deliverables of high actual value and utility in five areas: Ticketing, Merchandise,
Experiences & Activations, Direct Communication and Voting Rights. Each team will have 25
‘Fire’ tier owners (who receive ALL listed benefits) and 975 ‘Gold’ tier owners, priced at $25,000
and $5,000 respectively. BIG3 is new to this space but not to leading us into the future, and a
careful reading of the benefits listed below will demonstrate the immense value this offering
brings to holders maintaining BIG3’s commitment to its fans and stakeholders.

Ticketing:

Of course, owners will get free access to all games. When owners arrive on each gameday, they
park in the owners lot and enter through their own VIP entrance. They can then proceed to
their owners VIP seats, catered owner suites, or backstage. Secondly, owners will have
exclusive access to practices, press conferences and more.

• Reserved Owner Suites with A level catering.
• Reserved VIP owners seating section.
• Backstage access area.
• Player and coach meet and greets.
• Attendance to on-site gameday Press Conferences
• Availability to purchase additional quality tickets before general on-sale
• VIP Owner parking and Owner special entrance.
• Team CEO/Chairman/Pres (as chosen below) get 2 courtside seats each for all events
• Availability to buy additional 5 seats in first 5 rows for playoffs and Championship
team owners.
• Championship game owners get hotels and the winning team also gets weekend
accommodations and amazing tickets to the All-Star game (this year in the
Bahamas).

Merchandise:

Sports team owners benefit from the popularity of their team names and logos; BIG3 is taking
the unusual step of granting top tier owners the right to monetize this commercial IP. As an
owner you will obviously receive exclusive gear season to season. If your team happens to win
the Championship, owners will not only celebrate in the same Championship hats and shirts as
your players, but will get their own championship ring with the option to attend the ring
presentation ceremony aired on CBS. It doesn’t’ stop with merch as every owner will receive a
Fireball signed by all players on your team, the coach, the commissioner and founders. Special
items will also be sent or airdropped to owners from time to time.

• **** Owners will have IP rights to team names and logos ****
• Subject to a 20% royalty to BIG3, Owners may create and sell individual art and designs.
Designs subject to reasonable approval by Ice Cube. League will facilitate distribution
(including on league website where merch is sold).
• Team CEO/Pres/VP (elected by owners) will coordinate licensing deals for IP through
owner votes.
• All categories apply subject to reasonable approval by league to avoid conflict with
sponsors and to protect value of BIG3 league.
* Receive real Championship Ring* (cost minimum 5k each – same one players
and coaches receive). Also invited to take part in live and televised ring ceremony and
be presented ring!
• Exclusive Merch collab with high fashion streetwear company only for owners (this
might be paid)
• Personally signed Fireball by all players on your team plus Coach, Commissioner Clyde
Drexler, Chairman Amy Trask, and Co-Founders Ice Cube and Jeff Kwatinetz.

Experiences & Activations:

Owners will get exclusive access to experiences that most fans never do. While the value of
many things our owners get are able to be calculated, these life experiences are priceless.

• Attendance to Owner Parties after gamedays and associated events with players and
league personnel.
• Meet/Greets with Players and Coaches.
• Play with the pros. Set up friendly games for top tier owners at All-Star game weekend.
• Pre-Draft Day Party.
• Events and experiences with the founders and management of BIG3 to get the inside
scoop on how the league is run.
• Invites to practices. (Usually day before)
• In the event BIG3 goes public, opportunity to get allocation of stock at IPO price.
• Ability to pre-purchase NFTs (whitelisted) for Expansion and International Teams.
• Exclusive NFTs of Players and Teams (Highest Numbered to Owners)
• Press Releases in advance of media servicing
• Each Press Release will feature one selected owner to be quoted in release
• Sponsor created/provided experiences
Dedicated Discord page for BIG3 owners. BIG3 owners will be updated daily by BIG3
moderators.

Direct Communication:

Our owners have an ability to make their voices heard. If you want to see your team succeed
year in and year out you will want to engage with your coach, players and the league. Owners
will get access to weekly video calls with their team to talk strategy leading up to each game.
There will also be weekly video calls with referees to discuss rules and how you think their calls
impacted the last game. Lastly, owners will have the opportunity to connect with the
commissioner Clyde Drexler and founders Jeff Kwatinetz and Ice Cube three times a year to
discuss fundamental strategy, changes and ideas for the league.

Voting Rights:

On a day to day basis owners are faced with many difficult decisions regarding their teams’
future. Owning a BIG3 team means you get to vote on many key issues impacting your team
and the league as a whole. All teams will elect 3 owners that will serve as Team CEO, President
and Vice President. These individuals will be tasked with making sure all owners on their team
are up to date on key issues, scheduling team calls as well as helping to coordinate the
exploiting of team IP.

• Season and weekly Player and Coach Awards such as MVP, Offensive/Defensive awards,
Best Rookie, Too Hard to Guard, etc. (MVP & Coach of the year will also be voted on by
players/coaches as peer awards).
• Team CEO/Team President/Team VP. Chosen from among “Fire” holders.
• Team Colors each week (we have a minimum of 3 uniforms per team).
• Player of the game/week to be featured on CBS/online/PR.
• Vote on player/coach to do postgame interview for your team’s game
• Vote on All-Star participants
• Ranking of Top Ten plays each week
• Picking of best highlights to service to media (SportsCenter, Print) and to post on socials
and league sites.

Additionally, our 21st Century ‘Fire’ Owners will receive one of the most groundbreaking
ownership benefits in professional sports in regards to if and when individual teams are sold
in the future. In the event a sale is desired, once approved by BOTH BIG3 and the majority of
team owners, 40% of the sale price will go to holders of Fire Tier NFTs. To be clear, NO SALE
of a team may be effectuated without the compensation and approval of a majority of the
Fire tier owners.
(Teams will only be sold and owners paid in compliance with Securities
regulations as they evolve).

These five pillars of ownership will continue to grow and evolve as time goes on and we gain
more feedback and input from our community. The value of these ownership packages are
incredible on their own, but blockchain technology makes it all work efficiently. It enables
tracking of ownership, smooth sales and transfers, easily enables communication with owners,
and lets us precisely determine who is entitled to owner rights, merchandise and memorabilia,
and experiences so we can easily deliver these benefits. Whether purchased as a fan or an
investor, this technology will provide the most robust ownership experience from purchase
through to a sale (if ever desired).

We intend the sale of our teams as only the beginning of BIG3’s WEB3 transformation. BIG3
will become the most prominent WEB3 based sports league the world has ever seen by offering
products and services that utilize and incorporate blockchain and crypto based technologies to
drive innovation for both the league, our outstanding players and coaches, and our dedicated
fans.

This is the next chapter in the history book of the BIG3 as we continue changing the game!

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Author: Max Stretton

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