Recognition goes to JR, On Fire for first alerting a stern warning to this news.
It appears that the Singapore Slingers may be the next casualty of this NBL off-season. After having lost the Sydney Kings and Brisbane Bullets already, due to financial difficulties, the Slingers may also be unlikely to start the 2008-09 NBL season.
UPDATE: from John Rillie, "What I'm hearing though is all player contracts will be honoured and the club is trying to play 15 exhibition games in Singapore in the upcoming months. I'm not sure what playing exhibition games will do for a franchise without a league but I do not know the Singapore market at all.This concept is interesting but knowing Bob Turner he must have something in the pipeline. Maybe the Slingers will join an Asian league? Would the Chinese CBA look at a team from Singapore?"
I wonder if they could try to get a run in the American CBA. Didn't a Chinese team do that a year or two back?