A new joint venture has been launched "to revive" Australia's former National Basketball League team Brisbane Bullets, according to Greg Davis of the COURIER-MAIL. The Brisbane Bid Group is a partnership between Basketball Queensland, Basketball Australia and private equity investor Brisbane Bullets Queensland Pty Ltd. The group is "aiming to have the Bullets bounce back" into the NBL by the '13-14 season and has appointed former Queensland Olympic Council Exec Dir Michael Brierley as full-time CEO (COURIER-MAIL, 10/18). In Sydney, Peter Kogoy wrote that Brierley, 43, said, "We are looking at several business models. The Hawks in Wollongong and Taipans in Cairns are largely community-owned while the clubs in Townsville and Sydney are investor-backed. At this stage we are ruling nothing out in our bid to bring back basketball to southeast Queensland." Basketball Queensland CEO Graham Burns said that it was "vital that the Bullets returned." Burns: "We see a Brisbane-based NBL team as of great importance to the league, the sport and the southeast Queensland region" (THE AUSTRALIAN, 10/19).