what is ote basketball

Overtime Elite (OTE) is a professional basketball league for 16-20-year-olds, based in Atlanta, Georgia. The league is owned and operated by Overtime and was founded by Dan Porter and Zack Weiner. OTE offers young athletes a new path to maximize their earning potential outside of the NCAA and propel them to professional stardom. The league provides players with a minimum salary of $100,000 annually, a signing bonus, and shares in Overtimes larger business. Players can also choose a scholarship option and maintain college eligibility. According to the New York Times, Overtime "provides health and disability insurance and sets aside $100,000 in college scholarship money for each player if they decide not to pursue professional basketball afterward". Athletes participate in an academic program featuring a 4:1 student-teacher ratio and a curriculum offering traditional high school subjects alongside life skill-related subjects in financial literacy, social media and other media training, and mental health and wellness. OTE is housed at its arena in Atlanta, Georgia, which doubles as a campus. The league has teams, and players are selected through a draft process. In April 2021, Overtime Elite hired former NBA player and University of Connecticut head coach Kevin Ollie as its first head coach and head of player development.