Newly-elected FIBA President Ching Man-Kee told Hong Kong media that the idea of "FIBA Continental Cup" is on the way. The tournament, which plans to invite continental champions from five continents, could be launched as early as next year.
Ching said the tournament is projected to be held sometime from next June to August, with the total prize money around 300,000 USD. Beijing and other European cities will host the single-round robin games. Due to the gap between Asian and American/European countries, Asia will probably field an All-Star team tfor the tournament.
Also, Ching said the 2002 ABA(Asian Basketball Association) season will tip-off in late October in Tianjin, China. Lebanon, Philippines, Kuwait , China and other countires will send their club team to the tournament.