The deadline has passed for submissions to be part of the new NBL, but the make-up of the competition is still shrouded in secrecy, including the possible participation of a Sydney team.
Interested parties had until close of business on Friday to submit an expression of interest to be a part of the new competition, which is expected to still feature the bulk of the current franchises.
The likes of the Melbourne Tigers, Adelaide 36ers, Perth Wildcats, New Zealand Breakers and Townsville Crocodiles are likely to again compete.
The Sydney Spirit have folded, while a number of groups were trying to revive the Sydney Kings and the Cairns Taipans and Wollongong Hawks are battling to stay alive.
The Hawks are a foundation club and had already conceded defeat, announcing they wouldn't be able to satisfy the demands for the new league, but guard Mat Campbell, who has spent his entire career with the club, has launched a last-ditch bid to save Wollongong's only remaining presence in a national sporting competition.