Ice Cube and veteran entertainment executive, Jeff Kwatinetz have cofounded a half-court 3-on-3 basketball league featuring former NBA players. The BIG3 league, as it’s called, was officially announced by Mr. Cube and Mr. Kwatinetz earlier this year.

There are a total of eight teams, all traveling teams. Each team’s roster will include five players and one coach per team. There will be an eight week regular season resulting in an eight game regular season, as all games are on Saturday with a week off between contests. Games will be weekly quadruple-headers, with each team playing one of the other teams, held in a different locale each week. There will be one playoff game on week nine and a championship game on week ten. The games will follow some playground-style rules, including a 4-point shot. Other shots are worth 2 and 3 points. Games are played to 60, with a halftime when the first team reaches 30 points. The 3v3 league will be played on a half-court and will follow standard half-court rules.

There have been several confirmed coaches: Gary Payton, George Gervin, Rick Mahorn, Rick Barry, Clyde Drexler, and Allen Iverson.

Players who have agreed to play in the Big3: Allen Iverson and George Gervin (Player & Coach), Chauncey Billups, Rashard Lewis, Kenyon Martin, Jermaine O’Neal, Stephen Jackson, Bonzi Wells, Mike Bibby, Jason Williams, Jose Castillo, Corey Maggette, Al Harrington, and Ricky Davis.

Smush Parker is currently trying to form a Lakers team with both Lamar Odom and Kobe Bryant. It will be interesting to see which players can still play ball, while not passing out on the court due to being out of shape.