There is a new path for high school basketball stars to go to the pros. This morning, Overtime, the company behind many of the highlight reels of Kentucky recruits you’ve watched over the years, announced the launch of Overtime Elite (OTE), a new league aimed at 16-18-year-olds who want to play professionally but aren’t interested in following the traditional route from high school to the NBA.
Word first leaked about about Overtime’s new pro league a month ago, but now, we have specifics. Every OTE player will earn a six-figure salary, with a guaranteed minimum salary of at least $100,000 per year, plus bonuses and shares of equity in Overtime.