Paul J. McMann is the founder of now defunct Collegiate Professional Basketball League (CPBL). McMann was the

Founder Founder or Founders may refer to: Places *Founders Park, a stadium in South Carolina, formerly known as Carolina Stadium * Founders Park, a waterside park in Islamorada, Florida Arts, entertainment, and media * Founders (''Star Trek''), the ali ...

and

President President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...

of the league. He used his financial sales experience to successfully market the internet sponsorships, allowing talented players to receive an education along with a paycheck. His plan was to set the players to attend college part-time in the city where they could play. If that didn't work out, players could request to postpone their study as long as they completed their study within four years or before the age of 22. The students were given rent money, tuition money, room and board at any college or an option for trade school within US, $5,000 signing bonus and $9,000 stipend. There was also $10,000 bonus for college players who could graduate in four years and an extra $3,000 a year for students who qualified as a full-time student. Mcman, a former accounting professor from

Babson College Babson College is a private business school in Wellesley, Massachusetts. Established in 1919, its central focus is on entrepreneurship education. It was founded by Roger W. Babson as an all-male business institute, but became coeducational i ...

made sure the rules were fair for students and offered them a chance to get a degree so they still had a backup plan if they failed to be a professional

basketball Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular Basketball court, court, compete with the primary objective of #Shooting, shooting a basketball (ball), basketball (appr ...

player.

External links

CPBL Logo

{{DEFAULTSORT:McMann, Paul Year of birth missing (living people) Living people American sports businesspeople Babson College faculty