The British Basketball Federation and the British Basketball League have agreed to the Heads of Terms for a new 10-year license for the BBL to continue to run the top professional men’s basketball league in Great Britain. The agreement comes after months of discussions between the new FIBA-approved governing body for basketball, the BBF, and the top British basketball clubs, and marks a turning point in the way the professional game will be managed. The new terms will require new performance standards to be set for clubs in the BBL, and a commitment to an improvement in those standards, with active monitoring by both the BBL and the BBF. Those performance standards will include matters on and off the court, and will include playing venues, seating capacities, coaching standards, player remuneration and welfare, and promotion and administration standards. Work on the detailed terms for the license will now proceed with completion in the first quarter of '17, so that the license is fully implemented before the current one expires (BBF).