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Bulls' Young close to buying stake in Australian team

Bulls forward Thad Young confirmed a report that he is nearing a deal to purchase a minority ownership stake in Australia's Brisbane Bullets.

Brisbane is one of nine teams in Australia's National Basketball League and Young is investing at the invitation of former Minnesota teammate Kevin Martin.

"It's true. I look at that league as primed for growth," Young said after Friday's shootaround in Charlotte. "I see that as a league where guys can go if they don't want to go to college (coming) out of high school and be able to grow their games a little.