SK Rent-a-Car's exit from pro billiards; PBA to maintain 10-team structure

The Professional Billiards Association (PBA) has demonstrated its commitment to the stability and integrity of its team league by deciding to directly manage the SK Rent-a-Car team. This move ensures the continuation of the 10-team format, a crucial element for the league's competitive balance and fan engagement, following the withdrawal of SK Rent-a-Car as a corporate sponsor. The PBA's proactive decision highlights its dedication to its athletes and supporters, prioritizing trust and continuity.

This situation arose after SK Rent-a-Car, a powerhouse in the PBA, informed the league of its inability to participate in the next season due to its parent company's acquisition by a Hong Kong-based private equity fund. Despite initial discussions with potential acquiring companies, the sponsorship fell through just days before the scheduled team draft. Faced with this challenge, the PBA convened an emergency meeting and resolved to self-fund and operate the team, underscoring the league's resilience and determination to uphold its commitments.

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Maintaining the 10-team system was a decision made for the trust of the players and fans participating in the team league.

The upcoming team draft on May 14 will be a focal point, as the nine existing clubs will have the opportunity to select players from the SK Rent-a-Car roster, including prominent figures like Kang Dong-gung. The PBA's decision to manage the team directly also opens avenues for seeking new sponsors in the future, while ensuring that the league's operational structure remains intact. This approach reflects a strategic effort by the PBA to navigate corporate changes and maintain a robust competitive environment for professional billiards in Korea.

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We may also look for sponsors while the PBA operates the team for now. We will announce specific plans before the team league opens in July.