Consumer >> CEO Interviews >> January 11, 1999

Daniel T. Meisenheimer Iii – United States Basketball League Inc (usbl)

DANIEL T. MEISENHEIMER, III founded the United States Basketball League in December, 1984. At the time he founded the USBL, Meisenheimer was the youngest Commissioner of any professional sports league in history at age 33. During the past thirteen years, Meisenheimer has guided the USBL through its early growth and has established new objectives for the League. In 1996, Meisenheimer helped the USBL become the first publicly traded sports league. Now fans can own a piece of the USBL. Other ambitious plans call for measured growth with expansion franchises and consistent upgrading of every USBL franchise. The objective is for all USBL teams to become profitable and appreciate over the next few years. As a spokesman for the League, he has appeared on major television networks and has been featured in numerous prominent publications. Before founding the United States Basketball League, Meisenheimer founded Meisenheimer Capital, the parent company of the USBL. The parent company was brought public through an initial offering of public stock in the fall of 1984. Meisenheimer Capital is a venture capital company with interests in three different entities. Meisenheimer has served as President and Chairman of the Board since the company was founded. Prior to the establishment of Meisenheimer Capital and the USBL, Meisenheimer was an account executive at Merrill Lynch for three years. Prior to that, he was a fifth grade teacher in Orange, CT. He is an active member of Milford Rotary and a member of the Board of Orange Soccer. In addition, for the past several years Meisenheimer has been involved with Indian Guides, Orange Little League, Boy Scouts of America and Orange Swimming Association with his two sons. This past year he coached the Orangemen 7th and 8th grade basketball team. He is a Director of Spectrum Associates, a manufacturing company in Milford, CT founded in 1957. Other memberships include A.F. & A.M. Ansantawae Lodge, Milford, CT and Oak Lane Country Club, Woodbridge, CT. Meisenheimer, 48, lives in Orange, CT. He and his wife Jean have two sons, Daniel T. Meisenheimer IV (18), and James Alexander Meisenheimer (14). Profile
TWST: First give us a background summary on USBL, enough information to

put us into perspective, what as you see as your business and what you

see as your company today?

Mr. Meisenheimer: